DOT Desk: Prime Minister Sheikh Hasina has directed to allot bonded warehouse facilities to industries with more than $1 billion export value including leather, jute, plastic and light engineering industries on priority basis after the RMG sector, reports TBS.
The premier also said the same facility will be given to all industrial sectors in stages and instructed the national committee on export to prepare a plan with tentative time to extend the facility to sectors on the basis of export potentials. Tapan Kanti Ghosh, senior secretary of the Ministry of Commerce, said The Business Standard that the prime minister also gave instructions for the expansion of the overall export trade in the meeting of the committee on export at Ganabhaban yesterday.
The commerce secretary made a presentation on the challenges and prospects of Bangladesh’s export sector after transitioning from Least Developed Country (LDC) status in 2026 and to achieve the vision of $150 billion export by 2031 and double export earnings in the next decade. Businessmen including representatives of various trade bodies have sought incentives and policy support from the prime minister while the premier advised them to find new markets.