Export Indicates Country's Upgrade in Economy

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More Export Indicates the Country Upwards in Economy
Export In Bangladesh

4/27/2013

More Export Indicates the Country Upwards in Economy

Submitted By:

Shaila Parvin
Roll no: 33
MBA
Department of International Business
University of Dhaka

Date of Submission:

27th April,2013

Introduction:
Bangladeshi international trade is extremely small relative to the size of its population, although it experienced accelerated growth during the last decade. It is not very diversified and depends on the fluctuations of the international market. The Bangladeshi government struggles to attract export-oriented industries, removing red tape and introducing various financial and tax initiatives. Between 1990 and 1995 Bangladesh
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* Special agricultural products, and rural industrial products. * High-Technology Products * Achieving quantum growth in exports under Erstwhile Target Plus Scheme * Removal of Quantitative Restrictions and Export Restrictions * Export Promotion of Capital Goods ( EPCG) Scheme * Duty Entitlement Passbook ( DEPB) * Advance License for Annual Requirements * Duty Free Replenishment Certificate ( DFRC) * Measures for reducing transaction costs & improving procedural simplification
COMMERCIAL RELATIONS AND TRADE AGREEMENTS:

The foreign relations of Bangladesh are the Bangladeshi government 's policies in its external relations with the international community. The country pursues a moderate foreign policy that places heavy reliance on multinational diplomacy, especially at the United Nations and World Trade Organization (WTO). Since independence in 1971, the country has stressed its principle of friendship towards all, malice towards none in dictating its diplomacy. In order to enhance trade, Bangladesh has associated with some Regional Trade Agreements. Some Bilateral Trade Agreements (especially with Pakistan, India and
Sri Lanka) are also in offing. The overviews of those agreements are as follows | | | | | | | | | SAARC Framework Agreement on Trade in Services (SAFAS) | The south Asian trading bloc SAFTA has attempted to expand its coverage
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