Trade

At the start of the year, US-China tensions were easing after their Phase I trade deal, while Washington, Brussels and Tokyo agreed on new global trading rules to curb subsidies. A relative calm had set in. Then the new coronavirus struck. Countries across the world imposed 222...

Bangladesh wants the EU to continue providing the current zero duty benefit even after its graduation to a developing country as the Covid-19 pandemic is taking a heavy toll on the south Asian nation's economy. Bangladesh has been enjoying zero duty benefits on export since 1973 under...

The country's trade deficit widened by $1.09 billion or 7.28% year-on-year to $16.06 billion in the first eleven months of the outgoing 2019-20 fiscal year as export earnings fell more than import spending. The widening deficit also indicated a sluggish trend in the economy owing to the...

Some banks are reluctant to distribute loans from the coronavirus stimulus package, FBCCI has alleged, reports bdnews24.com. The Federation of Bangladesh Chambers of Commerce and Industry will inform Finance Minister AHM Mustafa Kamal about the banks’ reluctance to implement the package, FBCCI President Sheikh Fazle Fahim said....

Although global trade has been thoroughly battered by the ongoing coronavirus pandemic, the World Trade Organisation (WTO) believes the worst could be over as supply chains are slowly returning to normal due to rising demand. International trade fell sharply in the first half of the year as...

President of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim said stimulating the economy in COVID-19 realities, job creation and investments in India-Bangladesh joint ventures are the best way to benefit both the nations. “At this juncture as our bilateral trade stands at...

Economic activities resumed on May 31 across the metropolis of 20 million people after a 66-day nationwide shutdown, but consumer demand has fallen to a fraction of what it used to be before the pandemic, with people not opening their wallets for anything unless it is very...

World trade fell sharply in the first half of the year because the Covid-19 pandemic upended the global economy. However, rapid government responses helped temper the contraction, and World Trade Organization (WTO) economists now believe that while trade volumes will register a steep decline in 2020, they...

জাহাজে উড়ছে লাল-সবুজের পতাকা। লম্বা চিমনিও রাঙানো লাল-সবুজে। প্রায় ১৮৫ মিটার লম্বা জাহাজটি সাগর থেকে আজ রোববার বেলা সাড়ে ১১টায় এনে জেটিতে ভিড়ানো হয়। প্রায় এক দশক পর দেশীয় মালিকানাধীন সমুদ্রগামী কনটেইনার জাহাজ ভিড়ানোর এমন দৃশ্যের সাক্ষী হলেন উপস্থিত সবাই। কনটেইনার পরিবহনকারী জাহাজটির নাম ‘সারেরা’। চট্টগ্রাম বন্দর...

The Government of China has given 97 percent duty free access to a listed number of Bangladeshi products in the Chinese market. Bangladesh will enjoy this duty holiday from July 1, according to a press release of Bangladesh's Ministry of Foreign Affairs (MOFA) issued today. According to...