The government has increased the number of commercially important persons (CIPs) to 188 from 165, but the share for the trade bodies reduced to 38 from 40.
The decision was taken at a regular meeting of the cabinet at Bangladesh Secretariat yesterday as it amended the existing “CIP (Export) Guideline” with Prime Minister Sheikh Hasina in the chair. Cabinet Secretary Mohammad Mosharraf Hossain Bhuiyan told reporters after the meeting that the decision is to increase the number of CIPs from export sector, which has expanded substantially. It will promote the exporters to expand their export business.
According to the amended guideline, a total 188 persons will get the status of CIPs from now-onward. Of them, 150 individuals and 38 leaders of trade bodies will get the status.
Out of 150 individuals, at least five persons will come from Export Processing Zone (EPZ) based ‘C’ category exporters, he added.
Meanwhile, the cabinet has decided to provide TK6b for development of jute sector.
Bhuiyan said the prime minister asked the finance minister to provide TK6b as bank loan for the development of the thrust sector. The finance ministry will provide bank loan for the sector shortly for developing the sector by importing technologies and research.
