Additional time granted to Exporters for bringing home export proceeds

Summary According to the authority, The Central Bank of Bangladesh is willing to give a proposal by offering Exporters 210 days to repatriate proceeds from exported products. The initial purpose of this proposal is to make better competitiveness of Bangladeshi products in foreign markets, however, it’ll...

The Electronic Communications Convention of the United Nations can be carrying a vital role in the international Trade sector and contract.

Summary: Today we are all dependent on electronic communication for each sector. And the Electronic Communications Convention’s main goal is to increase the legal charity and business predictability in the use of international contracts also wants to remove the legal obstacles to using electronic communications. Being...

HYBRID SEMINAR ON LDC GRADUATION OF BANGLADESH & INTERNATIONAL LAW

International law usually falls into two different categories. Public International law and Private international law. Public international law is the set of rules, agreements, and treaties that are binding between countries. It generally comes from three sources: treaties, customs, and general principles of law. Public...

A seminar of International Commercial Arbitration held by CLDP and BIAC.

Summary:  Arbitration is a quick and reasonable procedure for settling a commercial dispute. This is also a private procedure and out of the judiciary courts, Recently, Commercial Law Development Program (CLDP) and Bangladesh International Arbitration Centre (BIAC) jointly organized a program for International Commercial Arbitration. BIAC...

India’s tariff body for anti-dumping duty

Summary  The Directorate General of Trade Remedies (DGTR) of India has advised the finance minister to once more apply anti-dumping duties for an additional five years on Bangladeshi exports of jute products. Content  On October 10, the supreme national authority of India, which is in charge of overseeing...

Exporters to induce more time to bring domestic continues

SUMMARY: Bangladesh Bank is set to extend the due date for repatriating trade incomes by six months. It is additionally amplifying the usance period for imports by an extra six months and giving money-related motivations to settlements made by Bangladeshi troops serving UN missions in arrange...

Bangladesh Eyes FTAs with Seven Countries, Two Blocs

Summary: In order for signing FTAs (free trade agreements) so as to perpetuate duty-free market access to Bangladeshi products, the government is giving consideration to seven countries and two blocs as prospective partners. Content: On Sunday, the commerce ministry broadcasted a time-based action scheme on favorable market...

The ILO defers decision on Bangladesh until November

Summary: The International Labour Organization ("ILO") has postponed a judgment on whether or not to take further action against Bangladesh. Conventions 87 on freedom of association and the right to organize were allegedly suspended in Dhaka. The complainants also urged establishing a commission of inquiry on...
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