Regulatory Alerts2025-09-25
Added
FEPD Circular No. 36: Cash Incentive Against Export of Frozen Shrimps and Other Fishes
The Foreign Exchange Policy Department of Bangladesh Bank amends the conditions for disbursing cash incentives against the export of frozen shrimps and other fishes. The amendment requires that while value repatriation must generally originate from the destination country, incentives may still be granted if specific criteria are met, including verification of the exporter or their connected business source (excluding exchange houses). Additionally, applicants must verify prior exports through an approved tracking system or customs certification and attach printed copies of this information to the incentive application. These directives apply to shipments dispatched from the date of issuance.
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