Professional Documents
Culture Documents
Presented by:
Dr. Md. Mozibur Rahman
Course : EIB 534/532: Bangladesh in International Business
EMBA Program
Department of International Business
Faculty of Business Studies
University of Dhaka
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2
Objectives
Introduction
Overview of Bangladeshs International Trade
Introduction
Trade (% of GDP)
20.82 23.38 18.97 29.32 37.80 44.99
GDP growth (annual %)
5.62 0.82 5.62 5.29 5.57 6.12
Source: World Development Indicators, World Bank (http://data.worldbank.org/country/bangladesh)
Introduction
Introduction
5,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
0
10,000
1972-73
1973-74
1974-75
1975-76
1976-77
1977-78
1978-79
1979-80
1980-81
1981-82
1982-83
1983-84
1984-85
1985-86
1986-87
1987-88
1988-89
1989-90
1990-91
Import
1991-92
1992-93
1993-94
1994-95
1995-96
1996-97
1997-98
Growth (%)
1998-99
1999-00
Bangladeshs Import scenario
2000-01
-40%
-20%
Percentage
12
13
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
1972-73
1973-74
1974-75
1975-76
1976-77
1977-78
1978-79
1979-80
1980-81
1981-82
1982-83
1983-84
1984-85
1985-86
1986-87
1987-88
1988-89
1989-90
1990-91
Export
1991-92
1992-93
1993-94
1994-95
1995-96
1996-97
Growth (%)
1997-98
1998-99
Bangladeshs Export scenario
1999-00
-20%
-10%
28
Percentage
29
Tariff reform
Tariff Structure
Tariff Structure
The revision of import tariff and other duties are not always
undertaken with proper assessment of their impacts and
implications on different economic activities, nor involve
sufficient intra-Ministerial coordination.
The setting of tariffs is a crucial element of Bangladeshs
trade priorities need to be properly taken into consideration
for tariff revisions.
Whilst a uniform tariff is primarily revenue raising,
differential tariffs are a trade issue with budgetary
consequences.
It is therefore crucially important that MoC/BTC carries out
its responsibility in the area of tariff policy formulation in
conjunction with NBR/MoF.
Concluding Remarks
The analyses of the IPO and the Export Policy show that these
policies have been developed in isolation. For the greater part the
IPO deals with import control and import policy without reference
to export policy, tariff policy or industrial policy.
The Export Policy has identified some priority sectors on which
special focus is placed for export purposes, but no exports can
take place if the specific industry is not properly developed.
Accordingly, the IPO, the industrial policy and the tariff policy,
amongst others, should be focused on enhancing the
competitiveness of these priority sectors. In the IPO, however,
very little reference is made to any of these sectors.
Several provisions of the IPO deal with imports for the RMG
sector, which is not one of the sectors identified by the Export
Policy, as the sector is already internationally competitive.
Cash incentives are not aligned to the highest priority sectors and
the special development sectors identified in the Export Policy
Analysis of existing trade policy framework of Bangladesh
59
Concluding Remarks
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