BIAA team meets EPB chief
21 March 2015, Nirapad News: A 6-member delegation of Bangladesh Indenting Agents’ Association (BIAA) led by its President M. S. Siddiqui met with Shubhashish Bose, Vice-Chairman of Export Promotion Bureau recently in his office.
Senior Vice-President of BIAA Dr. S. M. Jaglul A Mozumdar, Vice-President Syed Tasadeque Hossain (Jahangir) Immediate Past President of BIAA, K M H Shahidul Haque and Secretary Pankaj Chandra Das attended the call on meeting.
The BIAA President M. S. Siddiqui pointed out that members of Bangladesh Indenting Agents’ Association act as local agents of the foreign companies, exporters & manufacturers and promote/sell their products in Bangladesh and earned foreign currency as commission.
As service exporter they repatriate foreign currency through banking channel. The Indenting Business is regulated under clause 18A (1) of the Foreign Exchange Regulation act 1947. He requested the EPB Vice-Chairman to take necessary steps for inclusion of the services rendered by the Indentors to their foreign suppliers as “Service Export” in the Export Policy Order 2012-15.
The EPB Vice-Chairman gave a patient hearing and assured the delegation that EPB will extend all possible cooperation on their part and will bring it to the notice of the Government.