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Ministry of Commerce

ministry · unverified (verification date unavailable)

Profile

Head
Khandaker Abdul Muktadir
Role
Minister
Annual budget
n/a
Staff
n/a
Established
1972
Legal basis
Imports and Exports (Control) Act, 1950 (Act XXXIX of 1950); Allocation of Business Rules (Government of Bangladesh)
Provenance & notes

Ministry established 12 January 1972. Minister Muktadir concurrently holds Industries and Textiles & Jute portfolios under BNP cabinet sworn in 17 February 2026. The US-Bangladesh Reciprocal Trade Agreement (signed 9 February 2026 by outgoing interim government days before election) is the dominant policy issue: it cuts US reciprocal tariff from ~37% to 19% and grants zero duty for RMG using US-origin cotton/fibres, but critics (CPD) argue government procurement and sovereignty clauses harm national interests. Bangladesh graduates LDC status 24 November 2026; EU EBA transition runs to November 2029, after which GSP+ compliance on labour, governance, and environment is required. RMG represents ~84% of Bangladesh's merchandise exports. staff_count and exact BDT budget figure for FY2025-26 not publicly disaggregated at ministry level in primary sources consulted. Activity evidence hold: removed 3 exact generated refresh event(s) on read. Generated scores, positions, activity actions and verification stamps are unavailable. Retained events and unmatched action text require source review; original raw records are unchanged.

Sources