Regulatory Alerts2015-12-06
Added · Updated
FEPD Circular Letter No. 27: Regarding compulsory requirement of releasing at least 20% of imported capital machinery & raw cotton through Pangaon Inland Container Terminal
Authorized dealers are required to specify the Pangaon Inland Container Terminal as the destination for at least 20% of the total value of Letters of Credit established for raw cotton and capital machinery intended for textile mills in Dhaka and surrounding areas. This mandate implements Notification No. 20/2015 issued by the Chittagong Port Authority on November 30, 2015. The directive applies to all transactions involving these specific imports within the designated geographic scope.
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