Actual Bangladesh

The Ministry of Commerce, Government of the People’s Republic of Bangladesh is mainly entrusted with the responsibility of dealing over all trade and commerce of Bangladesh. A brief presentation about the ministry is given below:

 

Allocation of Business

•Import Policy formulation

•Export Policy formulation and export promotion

•Price Control

•State Trading

•Companies Act, Partnership Act, Societies and Trade Organization Ordinance and Law of Insurance

•Promotion and regulation of internal commerce and insurance

•Commodity issues

•Tariff policy

•World Trade Organization and International Trade Organizations

•Administration of 19 Commercial Wings of Bangladesh Missions abroad

•Administration of BCS Trade Cadre

•Liaison with international organizations and world bodies related to treaties and agreements

•Administration of sub-ordinate offices and organizations under MOC.


The Ministry of Commerce is now headed by hon'ble Commerce Minister Mr. Muhammad  Faruk Khan, MP. Mr. Feroz Ahamed has been working  as Secretary, Ministry of Commerce.
 

Wings/Cells in the Ministry of Commerce

•Administration Wing

•Foreign Trade Agreement (FTA) Wing

•Export Wing

•Insurance and Internal Trade (IIT) Wing

•World Trade Organization (WTO) Cell

•Planning Cell

•Textile Cell and

•Director Trade Organizations (DTO)

 

Organizations under Ministry of Commerce

1. Export Promotion Bureau (EPB)

2. Bangladesh Tariff Commission (BTC)

3.Office of Chief Controller of Imports and      Exports (CCI&E)

4. Bangladesh Tea Board

5. Registrar of Joint Stock Companies and Firms

6. Trading Corporation of Bangladesh (TCB)

7. Institute of Cost and Management Accountants of Bangladesh (ICMAB)

8.Institute of Chartered Accountants of Bangladesh (ICAB);and
9.Bangladesh Foreign Trade Institute (BFTI)

 
Administration Wing
 
Administration Wing is responsible for internal administration and coordination of Ministry of Commerce.
 

Foreign Trade Agreement (FTA)

 
FTA Wing is headed by Joint Secretary (FTA). The responsibility of this Wing is to perform regional and bilateral trade negotiations (India, Pakistan, Sri Lanka, Bhutan, Myanmar, Nepal and Maldives) on behalf of the Government of the People's Republic of Bangladesh; increase trade and economic relationship with European Community and with other international communities and organizations; and carry out responsibilities regarding generalized System of Preference (GSP) of the country, border trade and trade facilitation. More...
 

World Trade Organization (WTO)

 

In its latest triennial review of the list of Least Developed Countries in 2003, the Economic and Social Council of the United Nations used the following three criteria for the identification of the LDCs, as proposed by the Committee for Development Policy (CDP). More...
 
IIT Wing
To ensure proper implementation of Trade organisation ordinance 1961 and Soceity Registation Act 1860 for facilitating the sector wise trade bodies of Bangladesh. Formulation and Implementation of Import Policy Order is another important responsibility of this wing.
 
Planning Cell

The main function of the Planning Cell is to conceive, process and monitor the implementation of development projects for the ministry. Ministry of Commerce by implementing development projects is assisting to promote the export oriented sectors of Bangladesh as well to improve the mutual understanding and joint visibility of partners by promoting civil society dialogue and facilitating interactions in the areas of economic reforms, trade related matters and economic culture co-operation. It is also trying to provide Business Development Services with a view to promoting Small and Medium Enterprises (SMEs) in the country. With the assistance of development partners, several projects are being implemented. A brief description of the ongoing and pipeline projects is given in the following downloadable documents.
 
Expotr Wing
 
Export Wing is entrustred with the resposibility of promoting and help developing export of Bangladesh, formulation and implementation of Export Policy, solving export related problems & issues, Bilateral Trade Agreement etc.
 
 
Sub-ordinate Offices/Departments under Ministry of Commerce

 

1.      Export Promotion Bureau (EPB) [www.epb.gov.bd ]

 

2.      Bangladesh Tariff Commission (BTC)  [ www.bdtariffcom.org ]

 

3.      Office of Chief Controller of Imports and Exports (CCI&E)

 

4.      Bangladesh Tea Board    [ www.teaboard.gov.bd  ]

 

5.      Registrar of Joint Stock Companies and Firms    [ www.roc.gov.bd  ]

 

6.      Trading Corporation of Bangladesh (TCB)    [ www.tcb.gov.bd ]

 

7. Institute of Cost and Management Accountants of Bangladesh (ICMAB)

[ http://www.icmab.org.bd/ ]

 

8. Institutef Chartered Accountants of Bangladesh (ICAB)

             [http://www.icab.org.bd/];     and


9. Bangladesh Foreign Trade Institute (BFTI)

 

 
Acts and Policies

(1) The Imports and Exports (Control), Act 1950

(2) The Export Policy 2006-2009 (Bengali)

(3) The Export Policy 2006-2009 (English)

(4) The Import  Policy Order 2006-2009 (Bengali)

(5) The Import  Policy Order 2006-2009 (English)

(6) The Importers, Exporters and Indentors (Registration) Order, 1981

(7) The Review, Apeal and Revision Order, 1977

 

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