Bangladesh has gradually simplified its import rules to support supply, investment and production. Importing has two main parts:
- Bringing goods into the country
- Paying for them in foreign currency
Who regulates what
| Area | Authority |
|---|---|
| Import/export approval and registration (IRC/ERC) | Office of the Chief Controller of Imports and Exports, Ministry of Commerce |
| Rules for paying for imports | Foreign exchange department of Bangladesh Bank |
To import regularly, a business first needs an Import Registration Certificate (IRC).