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Export Policy 2009-12
Objectives, strategies, application and scope
1.1 Objectives
1.1.1 Updating and liberalizing the trade regime in accordance with the needs and requirements of the World Trade Organization and globalization;
1.1.2 Encouraging labor-intensive (especially female labor) export-oriented production;
1.1.3 Ensuring availability of raw materials for manufacturing export goods;
1.1.4 Increasing productivity and diversity of products;
1.1.5 Improving the quality of products; encouraging the use of modern, appropriate and environment-friendly technology, producing high-end products, and improving the design of the products;
1.1.6 Enhancing efficiency and dynamism by using e-Commerce and e-Governance;
1.1.7 Initiating new strategies for the expansion of the markets for export products, making proper utilization of computer technology and encouraging all modern technologies including e-Commerce;
1.1.8 Assisting the development of necessary infrastructure, particularly for backward and forward linkages in order to encourage the production of exportable goods;
1.1.9 Providing all-out support to new exporters as well as to existing exporters;
1.1.10 Assisting the development of a skilled labor-force through proper training for managing international trade; and
1.1.11 Providing adequate guidance to trade bodies, business organizations, business people and related individuals in understanding the changing international trading system, etc.
1.2 Implementation Strategy
1.2.1 Increasing the institutional skills and efficiency of the Export Promotion Bureau (EPB), providing assistance in capacity building of the Customs Authorities, sea and land port authorities, Department of Fisheries, BSTI, Tea Board and different trade bodies;
1.2.2 Modernizing Bangladesh Foreign Missions abroad by strengthening economic diplomacy;
1.2.3 Strengthening and expanding the “Product based Business Promotion Council” activities through joint initiatives of public and private sectors to encourage the production and export of potential goods;
1.2.4 Providing assistance to producers and exporters in collecting market intelligence information on the demands for commodities abroad, expanding markets, attaining competitive and higher price, etc.
1.2.5 Extending support to export facilitating agencies by introducing automation and e-Governance for enhancing work-efficiency and ensuring transparency and accountability;
1.2.6 Providing assistance for updating and modernizing the over all trade system by ensuring the best use of all modern technologies including e-Commerce for making the export products more competitive through reducing cost of business, increasing production, expanding market and shortening lead time;
1.2.7 Disseminating latest information to the exporters on export markets and technology to facilitate diversification of exports;
1.2.8 Creating training opportunities and establishing sector-specific training institutes for workers, staff and management personnel to increase productivity;
1.2.9 Encouraging promotion of export through increased institutional facilities including trading and export houses;
1.2.10 Providing assistance in establishing internationally accredited certification system to ensure the quality of the products;
1.2.11 Encouraging the establishment of product-wise design centers for improvement of product designs;
1.2.12 Assisting producers in using modern technology for production;
1.2.13 Providing supports to the exporters to get acquainted with the working procedures of significantly successful exporting countries;
1.2.14 Providing various financial and tax subsidies or incentives including low-interest loans to exporters;
1.2.15 Reducing lead time in export by means of improvement of port management and infrastructure, simplification of procedures for releasing goods, and improvement of the transport system;
1.2.16 Sending trade missions abroad and providing support to exporters to hold single country fairs abroad as well as to participate in different international trade fairs to familiarize and market the products;
1.2.17 Taking all necessary initiatives for achieving duty-free market access to developed and developing countries including United States for expanding markets for Bangladeshi products and services abroad;
1.2.18 Taking special initiatives to enhance exports of products and services to South Asia, Middle East and other Asian and African countries;
1.2.19 Awarding CIP status and National Export Trophy every year to the best exporters of different sectors in recognition of producing new products, diversifying of products, enhancing exports, etc;
1.2.20 Reviewing country’s export situation at least once annually and providing necessary directions by the “National Committee on Export”;
1.2.21 Monitoring and evaluating the progress of the implementation of the decisions of the “National Committee on Export, by the task force established for this purpose; and
1.2.22 Identifying the problems related to export and recommending possible remedies by the Export Monitoring Committee headed by the Vice-Chairman of the Export Promotion Bureau and represented by the private sector including
FBCCI;
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