# Bangladesh Bank Implements Comprehensive Framework for FTZ Import Trade

*Bangladesh Bank has introduced a comprehensive framework to facilitate import trade in Free Trade Zones (FTZs) while ensuring prudent risk management by banks.*

July 16, 2026 · business

Bangladesh Bank (BB) today introduced a comprehensive framework for import trade in Free Trade Zones (FTZs) to facilitate business operations while ensuring prudent risk management by banks involved in such transactions. The new framework, issued through a circular by the Foreign Exchange Policy Department-1 (FEPD-1), sets out detailed guidelines for Authorized Dealers (ADs) and Offshore Banking Units (OBUs) providing financial services for FTZ-related import transactions.

## Framework Details and Eligibility

Under the circular, industrial enterprises engaged in manufacturing or export-oriented production, authorized importers on record, and licensed logistics service providers operating within FTZs will be eligible to import goods into the zones. Imports intended for storage, warehousing, or distribution may be undertaken on a consignment basis, under which ownership of goods will remain with foreign suppliers until the goods are either used in production or sold to ultimate buyers.

Consequently, such goods will not be treated as inventory owned by FTZ enterprises for financing and exposure purposes until ownership is transferred. According to the guidelines, purchases of goods from FTZs by buyers in Bangladesh, including those located in specialized zones or through intra- and inter-FTZ transactions, will be treated as import transactions and will require compliance with standard import procedures, including IMP formalities.

## Financing and Payment Requirements

For industrial raw materials, banks may allow usance import facilities of up to 270 days. The circular also states that sales of finished or semi-finished goods by FTZ enterprises to buyers in Bangladesh will be regarded as export transactions for sellers and import transactions for buyers. Payments for all such transactions must be settled in freely convertible foreign currency, while FTZ enterprises will be allowed to retain export proceeds in designated foreign currency margin accounts to meet their import obligations abroad.

Under the framework, goods imported into FTZs on a consignment basis may remain in the zones for 48 to 60 months, subject to applicable regulations. Meanwhile, usance import transactions, including those financed through buyer's credit or supplier's credit, will have a maximum tenor of 270 days. The Bangladesh Bank also allowed ADs to extend financing to FTZ entities in line with financing facilities available to enterprises operating in specialized zones.

However, banks and OBUs have been instructed not to recognize exposure against consignment-based imports while ownership remains with foreign suppliers. Financing may be extended only after ownership is transferred through production use or sale to ultimate buyers and supported by the required documentation. The circular further directs banks to ensure that all financing is backed by appropriate documentation and to conduct due diligence on FTZ clients, including verification of contractual arrangements with foreign suppliers and buyers, ownership structures, and production and sales cycles.

## Sources

- BSS

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Source: https://pulsetoday.com.bd/en/business/bangladesh-bank-ftz-import-trade-framework