The Export Promotion Bureau (EPB) in Bangladesh is a government agency responsible for promoting and facilitating the country’s exports. It operates under the Ministry of Commerce and plays a crucial role in enhancing Bangladesh’s export competitiveness in the global market.
Key Functions of the Export Promotion Bureau (EPB):
- Promotion of Export Activities:
- The EPB develops and implements strategies to promote various export sectors, including garments, textiles, pharmaceuticals, jute, leather goods, and more.
- It organizes trade fairs, exhibitions, and buyer-seller meets to showcase Bangladeshi products and connect exporters with international buyers.
- Market Diversification:
- EPB works on diversifying export markets to reduce dependency on a few countries and increase market access for Bangladeshi products globally.
- Policy Advocacy and Support:
- The bureau advises the government on export-related policies and measures needed to facilitate trade.
- It provides support and guidance to exporters, including information on export procedures, market intelligence, and incentives available for exporters.
- Export Data and Information:
- EPB collects and analyzes export-related data and provides reports and information on market trends, demand, and potential export opportunities to assist businesses.
- Facilitating Exporters:
- It assists exporters in obtaining various certifications, such as Certificates of Origin, and facilitates interactions with customs and other government agencies to streamline export processes.
Services Provided by the Export Promotion Bureau:
- Market intelligence and information dissemination to exporters.
- Assistance in obtaining export-related certifications and documents.
- Support for participating in trade fairs, exhibitions, and missions abroad.
- Training and capacity-building programs for exporters.