19 Jan 2017
BANGLADESH: Extended Validity of Approval Certificates Set to Cut Costs of Mobile Handset Imports
The validity of No-objection Certificates (NOC) related to the import of mobile handsets is to be extended from three months to six months with immediate effect. Issued by the Bangladesh Telecommunication Regulatory Commission, the NOCs authorise the approved company to import handsets for the designated period only. Should the process not be completed within the specified timeframe, the company in question is barred from importing such items until a new certificate is secured.
It is believed that extension of the validity of the certificates will allow importers to save on costs by importing handsets by sea rather than by air. It is also expected to give importers more time to negotiate bulk shipments with assemblers.