Regulatory Alerts2022-01-06
Added
FEPD Circular No. 01: Extended facilities for trade transactions
The Usance period for imports of industrial raw materials, agricultural implements, and chemical fertilizers under supplier’s or buyer’s credit is extended up to 270 days. The Export Development Fund limit for individual member mills of BTMA and BGMEA is increased from USD 25 million to USD 30 million, while the loan extension period remains applicable as per previous circulars. These supports remain valid for respective transactions until June 30, 2022, and Authorized Dealers must ensure actual underlying needs before allowing these supports to customers.
Topics
fx
credit
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