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Govt offers 20% incentives on processed meat export

Black_cats

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Govt offers 20% incentives on processed meat export

ECONOMY

TBS Report
19 September, 2022, 04:45 pm
Last modified: 19 September, 2022, 05:31 pm


Govt offers 20% incentives on processed meat export


The government has announced a 20% cash incentive on the export of processed meat to encourage exports of the high-demand food item.

In a notification on Monday (19 September), the Foreign Exchange Operation Department under the Bangladesh Bank stated that the facility will be applicable throughout the current fiscal year till 30 June next year.

The government will also maintain incentives ranging from 1% to a maximum of 20% on exports of 43 items in the current fiscal, the notification added.

Besides, in the current financial year 2022-23, the market of "New Product/New Market (Textile Sector) Expansion Assistance sector has been upgraded to (America/Canada/EU excluding UK)". The previous market list did not include the EU market.

 
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Govt offers 20% incentives on processed meat export

ECONOMY

TBS Report
19 September, 2022, 04:45 pm
Last modified: 19 September, 2022, 05:31 pm


Govt offers 20% incentives on processed meat export


The government has announced a 20% cash incentive on the export of processed meat to encourage exports of the high-demand food item.

In a notification on Monday (19 September), the Foreign Exchange Operation Department under the Bangladesh Bank stated that the facility will be applicable throughout the current fiscal year till 30 June next year.

The government will also maintain incentives ranging from 1% to a maximum of 20% on exports of 43 items in the current fiscal, the notification added.

Besides, in the current financial year 2022-23, the market of "New Product/New Market (Textile Sector) Expansion Assistance sector has been upgraded to (America/Canada/EU excluding UK)". The previous market list did not include the EU market.

Very interesting.... anyone has any idea the size of BD market in this sector and export potentials.

Bengal meats is exporting to middle east but thats actual meat as opposed to processed meat.
 
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