Bangladesh government bans overseas food export for 3 yearsStaff writer ▼ | August 14, 2015
The government of Bangladesh has approved a three-year Export Promotion Policy banning overseas sell of items of everyday use like soybean oil, onions and garlic.
Food industry Export Promotion Policy in Bangladesh
Export Guidelines 2015-2018 was approved at the meeting of the Cabinet Committee on Economic Affairs, headed by Finance Minister AMA Muhith, in the Secretariat.
Cabinet Division’s Additional Secretary Mostafizur Rahman told journalists that the new guidelines would be effective retrospectively from July.
The new guidelines aimed to generate export revenue of $60 billion by 2021, he added.
Bangladesh’s export earnings were $30.77 billion in the last fiscal. ■