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Bangladesh

Contents

Contents

General Detail

General Information

Infrastructure

Vision 2021

Introduction

Surface Transport

Industry

Roads

Ports

Telecom

Power

Oil & Gas

Budget

Budget 2011-12

Banking

Banking

Travel

Travel

Policies

Export Policy

Import Policy

Trade Policy

Foreign Policy

Economic Policy

Trade

Trade

Foreign Direct Investment

Tax Structure

Tax System

Important Contacts

Important Contacts

Bangladesh Vision

The government is committed to building a country whose citizens are able to live prosperous and happy lives. The year 2021 will mark the golden jubilee of Bangladesh ís independence, while the year 2020 will be the hundredth anniversary of the birth of the father of the nation, Bangabandhu Sheikh Mujibur Rahman.

We envision a democratic system where people choose their government freely and get services from it without hassle, enjoy freedom from fear and intolerance, live with dignity; where every citizen is assured of social justice, environmental protection, human rights and  equal opportunities; and where the rule of law and good governance flourish.  We envision a liberal, progressive and democratic welfare State. Simultaneously we envision a Bangladesh which by 2020/2021, will be a middle income country where poverty will be drastically reduced where, our citizens will be able to meet every basic need and where development will be on fast track, with ever-increasing rates of inclusive growth.

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Bangladesh Trade

Trade and Investment Policy Coordination- Bilateral, Regional and Multilateral: 

The international framework for financial and economic transactions has significantly changed with the presence of various multi-lateral, regional and bi-lateral trade agreements. Bangladesh is an active member of the World Trade Organization (WTO). Moreover, it has also been pursuing liberalization through many regional free-trade agreements like South-Asian Free Trade Area (SAFTA), BIMSTEC (comprising of Bangladesh, India, Myanmar, Sri Lanka and Thailand, including new members-Nepal and Bhutan) Free Trade Agreement and the Asia Pacific Trade Agreement (APTA). Bangladesh has also signed Preferential Trade Agreement with D-8 member countries. It is expected that all these RTAs will facilitate foreign investment and industrial relocation in Bangladesh. One of the objectives behind pursuing trade through these RTAs is to attract more foreign and local investment in the export oriented industries of the country. With this end in view every negotiating position is formed by consulting with the government and private sector bodies, along with other stakeholders, which are related to investment.

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Bangladesh Travel

Bangladesh is in South Asia sometimes converging with Southeast Asia, bordering the Bay of Bengal to the south, mostly surrounded by India and bordering Myanmar in the southeast.

British India was partitioned by joint leaders of the Congress, All India-Muslim League and Britain in the summer of 1947, creating the commonwealth realms of the Islamic Republic of Pakistan and a Republic of India. Bangladesh came into existence in 1972 when Bengali-speaking East Pakistan seceded from its union with Punjabi dominated West Pakistan after a 9 month bloody war. Although Bangladesh emerged as an independent country only in 1972, its history stretches back thousands of years and it has long been known as a crossroads of history and culture. Here you will find the world's longest sea beach, countless mosques, the largest mangrove forest in the world, interesting tribal villages and a wealth of elusive wild life. Although relatively impoverished compared to its burgeoning South Asian neighbour India, Bangladeshis are very friendly and hospitable people, putting personal hospitality before personal finances.

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