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Export-Import Management (520135)

Chapter – 1 (Introduction)
Lecture- 03

Conducted By :
Lata Akter
Lecturer
Department Of Business Administration
Dhaka City College
Topics to be discussed……..

 Procedures of Export in Bangladesh.

 Name of the Various Service Institutions and Service Providing Business who can
help for Exporting and Importing.

 Name of the Institutions who can assist the Exporters with Research and Planning
Procedures of Export in Bangladesh

Step1 : Receiving Order Step 8: Insurance of goods


Personnel Management
Step 2: Accepting Order
Step 9: Completing customs formalities
Step 3 : Advice to open Letter of credit
Step 10: Shipment of goods
Step 4: Obtaining Export License
Step 11: Sending shipping advices
Step 5: Fixation of exchange rate Step 12: Preparation and sending of export
documents
Step 6: Procurement of goods and packing
Step 13: Receiving Payment
Step 7: Contract of freight
Step 14: Closing the transactions
Various Service Institutions and Service Providing Business who can
help for Exporting and Importing

1. Ministry of Commerce: 2. Export Promotion Bureau (EPB) :


 Ministry of Commerce is responsible for  Export Promotion Bureau (EPB) is a government
regulation and implementation of policies agency of Bangladesh under the ministry of
applicable to domestic and foreign trade. commerce. It was established in 1978.
 The main objective of the Ministry of  It is responsible for developing and promoting the
Commerce is to make the economic activities nation's export industry.
of Bangladesh dynamic and export oriented to  Role of EPB includes proposing policy and
respond to the rapidly changing competitive selection, assistance and advice to exporters,
world trading system. marketing mission and buyer-seller
 Facilitating the access of Bangladeshi products conference, training to the exporters,
to foreign markets through multilateral, participation in international trade fair,
regional and bilateral trade negotiations and maintaining trade information centers, export
agreements. promotion.
Various Service Institutions and Service Providing Business who can
help for Exporting and Importing
[cont…………]
3. Bangladesh Garment Manufacturers and 4. Federation of Bangladesh Chambers of
Exporters Association (BGMEA): Commerce & Industries (FBCCI) :
 BGMEA is one of the largest trade associations  FBCCI is the apex trade organization of
in the country representing the readymade Bangladesh playing a pivotal role in consultative
garments industry. and advisory capacity, safeguarding the interest of
the private sector in the country
 The fundamental objective of BGMEA is to
 It helps and stimulates investment and
establish a healthy business environment for a development of trade, commerce, industry,
close and mutually beneficial relationship agriculture, tourism, human resources and
between the manufacturers, exporters and communication sectors in Bangladesh.
importers in the process ensuring a steady
growth in the foreign exchange earnings of the  It organizes training, seminars and workshops on
country. trade, commerce and industry and co-operates in
settlement of trade disputes through conciliation,
 BGMEA brings the opportunities for local negotiation and arbitration.
manufacturers to interact with foreign buyers  It maintains close relations with overseas national
and form new rapport by arranging different chambers of commerce and other trade and
apparel fairs at home and abroad. industrial associations.
Institutions who can assist the Exporters with Research and Planning

1. Export Promotion Bureau (EPB) : 2. Bangladesh Trade Portal


 Export Promotion Bureau (EPB) is a  The Bangladesh Trade Portal (BTP) is an official
government agency of Bangladesh under the source of all regulatory information relevant to
ministry of commerce. It was established in traders who wish to import goods into Bangladesh
1978. or export to other countries.
 The Ministry of Commerce of Bangladesh
 It is responsible for developing and promoting
Government has established the Portal in order to
the nation's export industry. improve the predictability and transparency of the
 Role of EPB includes proposing policy and country’s trading laws and processes.
selection, assistance and advice to exporters,  The Portal is also a one-stop point for information
marketing mission and buyer-seller relating to export from and import into
conference, training to the exporters, Bangladesh. Click on the relevant links on this
page to look for the Tariffs relating to each
participation in international trade fair, commodity, any special measures, the procedures
maintaining trade information centers, for applying for permits, licenses and Customs
export promotion. clearance and much more.
Institutions who can assist the Exporters with Research and Planning
[cont………….]
3. Bangladesh Knitwear Manufacturers & 4. Bangladesh Accreditation Board (BAB):
Exporters Association ( BKMEA) :  Bangladesh Accreditation Board is an
 BKMEA is the apex trade body to represent solely the autonomous government agency responsible
knitwear sector of Bangladesh. for providing accreditations to laboratories,
 BKMEA has started its journey in 1996 by the all out testing centres, and certification bodies
efforts of few knitwear manufacturers. BKMEA was Bangladesh.
formed as a trade association to facilitate and promote  BAB is the statutory body established in 2006
knitwear business.
as an autonomous organization responsible for
 The objectives of BKMEA include to promote & upgrading the quality assurance infrastructure
expand the global Market share for Knitwear and conformity assessment procedures in
manufactures of Bangladesh, to support for the Bangladesh and enhancing the recognition and
sustainable development the Knitwear sector, to raise acceptance of products and services in
Awareness on basic rights and business principles
among the worker and Entrepreneurs of Knitwear international, regional and domestic markets.
Sector, to introduce international standards in Knitwear  It arranges training programs, seminar-
sector of Bangladesh, to formulate sector friendly symposium, proficiency testing. It ensures
Policy in consultation with the Government of harmonization of Standards & requirements
Bangladesh. and exchange of information.
Thank You

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