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BB offers 10pc incentive for agro-processed exports

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NN Online:

Bangladesh Bank (BB) has announced a 10 per cent cash incentive for the export of agricultural and agro-processed products.

This incentive will apply specifically to juices and drinks made from locally produced fruit pulp, allowing exporters in this sector to benefit from the support.

The Foreign Exchange and Policy Department of BB issued a notification on Thursday, outlining new guidelines for cash assistance in the export of agricultural (vegetables/fruits) and processed (agro-processing) agricultural products.

According to the notification, exporters will now receive cash assistance for exporting juices and drinks made using locally sourced fruit pulp.

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