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Draft policy prepared for allowing investment abroad
Sohel Hossain Patwary
18th April, 2021 11:45:43
The government has prepared the draft of a policy to allow Bangladeshi investors to invest in other countries.
The draft policy titled ‘Bangladeshis Foreign Investment Abroad-2021’ will allow only the local export-oriented businesses to invest in similar businesses in other countries.
According to the draft policy, export-oriented businesses can invest overseas in the form of equity investment. They can invest up to 25 per cent of their net annual export of the past five years as an. Loan defaulters will not get eligible for this opportunity.
The investors will have to bring in the country their receivables profit, dividends, salaries, royalties, technical fees, consultancy fees, commissions within 90 days.