In an effort to promote trade, the Export Promotion Bureau (EPB) has extended the registration certificate (enrollment certificate) for exporters’ validity from the previous one year to five years.
Businessmen from a variety of industries have long called for an extension of the validity of this registration certificate, which is required for both individual and institutional exporters.
Due to this, the EPB decided to proceed with the project during a board meeting in March and formally announced the development in an order on April 27.
The EPB directive states that exporters may request for the issuance or renewal of this certificate with any validity period ranging from one to five years, depending on their needs. The certificate’s validity duration shall be determined starting on the date of issuance or renewal.
It stated that all exporters must submit an online application (ems.epb.gov.bd) and pay the applicable fees for certificate issue or renewal.
However, this service will only be available to exporters who have renewed their registration. Exporters who don’t have current certificates by June 30 of this year won’t be able to use this service. Prior to submitting an application for a new term certificate, they must first renew their current certificate.
Moreover, Generalised Scheme of Preferences (GSP), Certificate of Origin (CO), Saarc Preferential Trading Arrangement (Sapta), South Asian Free Trade Area (Safta), Asia-Pacific Trade Agreement (Apta), and Registered Exporters System (REX) certificates will not be issued to exporters without an up-to-date registration paper, the EPB order mentioned.
The main export product of Bangladesh is ready-made garments. Traders in this sector have to get this certificate more than others.