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EXPORT POLICY
(2003-2006)
1.
Introduction :
1.1. Acceleration of production
and expansion of trade result in growth of national wealth.
Increased production in export sectors may become the prime
mover in the development cycle in a densely populate of
Bangladesh like our as this will generate employment
opportunities which in turn will generate savings and
investment on consequent flow of capital. The prime national
objective of poverty alleviation will thus be materialized. As
a first step towards reaching this goal we need to look at the
country’s production infrastructure. 1.2.
Our export trade is featured by the dominance of a
few commodities in a narrow market. Such dependence on at
limited number of export items targeted a limited market is
not desirable for economic development. We must, therefore,
aim both at product and market diversification or else our
export trade will become stagnant in the near
future. 1.3. Our export trade must keep
pace with the projected GDP growth @ 7% and make due
contribution through increased export earning. In this
exercise it is imperative to identify new thrust sectors,
increased export of higher value added items, diversify
product wise, ensure products quality, improve packaging,
attain efficient productivity. We should aim at marketing
quality products at competitive price at the correct
time. 1.4. The Export Policy 1997-2002 has
been designed to operate in the imperatives and opportunities
of the market economy with a view to maximizing export growth
and narrowing down the gap between import payment and export
earning.
2.
Objectives:
The
principal objectives of this policy are:
2.1.
To achieve optimum national growth through increase
of export in regional and international
market. 2.2. To narrow down the gap
between the country's export earning and import payment
through achievement of the export targets;
2.3. To undertake timely steps for
production of exportable goods at a competitive price with a
view to exporting and strengthening existing export markets
and making dent in new markets;
2.4. To
take the highest advantage of entering into the post Uruguay
liberalized and globalizes international
market; 2.5. To make our exportable items
more attractive to the market through product diversification
and quality improvement; 2.6. To establish
backward linkage industries and services with a view to using
more indigenous raw materials, expand the product base and
identify and export higher value added products
; 2.7. To simplify export procedures and
to rationalize and solidify export
incentives; 2.8. To develop and expand
infrastructure ;
2.9. To
develop trained human resources in the export
sector; 2.10. To raise the quality and
grading of export products to internationally recognized
levels.
3.
Strategies:
The following strategies
shall be undertaken to attain the objectives of the export
policy 1997 - 2001:
3.1. Simplifying export
procedures, and helping the private sector achieve efficiency.
The Govt. desires more and more involvement of the private
sector while the govt. will continue to play its facilitating
role; 3.2. Enhancing technological
strength and productivity and facilitating reduce cost and
attain internationally accepted standard of quality of
exportable products and thereby consolidate their
competitiveness ; 3.3. Ensuring maximum
use of local raw materials in the production of export goods
and encouraging establishment of backward linkage
industries; 3.4. Participation in the
international trade fairs, specialized fairs, single country
exhibitions abroad and also sending out trade missions, with a
view to consolidating our position in the existing market and
creating new markets; 3.5. Encouraging
export of new category high value added readymade garments and
also encouraging the concerned trade associations for
establishment of a Fashion Institute
; 3.6. For promotion of high value added
leather and leather goods export: providing various facilities
including bonded warehouse facilities for import of materials
such as raw hides, pickled, wet blue, crushed and finished
leather, components and chemicals etc. to 100% export oriented
leather industries; 3.7. For promotion of
export of shrimp: Extension and modernization of
traditional/semi-intensive method of shrimp cultivation and
ensuring quality as per buyer’s requirements
; 3.8. For promotion of export of jute and
jute goods: Undertaking extensive publicity of jute and jute
goods as environment-friendly natural fiber and
diversification of the uses of jute
products; 3.9. For promotion of export of
tea undertaking programmes for establishing brand name and
developing linkage with established blending and distributing
agents; 3.10. For promotion of export of
agro-based products: undertaking programmers for raising
quality standard and expansion of
market; 3.11. For the promotion of export
of electrical and electronic goods ( including computer
software and data entry) : Building and ensuring conducive
infrastructure; 3.12. For the promotion of
export of engineering consultancy and other services and
sub-contracting involving, in a bigger way, Bangladesh
missions abroad obtaining contracts; 3.13.
Organizing regularly international trade fairs and
product-specific fairs with the
country; 3.14. Making appropriate
development and expansion of infrastructure conducive to
export; 3.15. Making arrangements for
necessary technical and practical training for development of
skilled manpower in the export
sector; 3.16. Ensuring maximum utilization
of financial and other assistance extended by the World Trade
Organization to the Least Developed
Countries; 3.17. Ensuring
maintenance of ecological balance and pollution-free
environment in the production of exportable
goods; 3.18. Extending technical and
marketing assistance for development of new products and for
finding appropriate marketing
strategies; 3.19. Taking necessary steps
to assist procurement of raw materials by the export-oriented
industries at world price
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