Wide-ranging changes in the world trade owing to the process of evolution in globalization and free market economy have facilitated free flow of goods which resulted in worldwide trade competition. In order to cope with the situation, steps have been taken to make the Import Policy Order of the Government of the People's Republic of Bangladesh up-to-date in consonance with the emerging trends in the globalized and free market economy. Consistent with the changes in the trend of world trade with the conclusion of Uruguay Round of Multi-lateral Trade Negotiations and creation of the WTO towards the close of the 20th century, Bangladesh has been pursuing steps towards liberalization of her Trade Policy. This Import Policy is being published of keeping in consideration the impact of free global trade on the garment sector of the country. continue reading »