BB relaxes rules on import of agricultural tools

Bangladesh Bank (BB) has enhanced the usance period up to 360 days from 180 days for import of agricultural implements and chemical fertiliser for minimising the COVID-19 pandemic related disruptions.

“Authorised Dealers (ADs) may extend the usance periods up to a maximum of 360 days against imports of agricultural implements and chemical fertilisers from 180 days,” according to a BB circular issued on Sunday.

Other instructions in this regard will remain unchanged, the circular added, reports BSS.