JETRO for lifting TT remittance limitation for import trade
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DHAKA, April 24, 2021 (BSS) – Japan External Trade Organization (JETRO) has laid emphasis on lifting up the limitation of Telegraphic Transfer (TT) remittance for import trade to attract more Japanese investment in Bangladesh.
The organization observed that the limitation is hindering the import for increasing trade and investment in the country.
To this end, Deputy Secretary of the Commerce Ministry Mohammad Monir Hossain Hawlader said the government is considering the issue positively and necessary steps have already been taken in the draft import policy for 2021 to 2024 to make easier the TT remittance process for importing.