Afifa Sultana Ema

Bangladesh local companys can now invest overseas up to 20% of their average exports over the preceding of five years or 25% of their net asset values based on the most recent audited reports, whichever is lower of the two criteria. Bangladesh Bank, the central bank of Bangladesh has enabled the local firms to invest close to 60 million USD in foreign markets since 2014. The central bank released guidelines allowing local enterprises to invest in foreign nations Wednesday, marking a significant step toward capital liberalisation that will boost Bangladesh's export prospects and create jobs abroad. If a company wants to buy or sell a portion of its stock from a foreign company, it must first get permission from the Bangladesh Bank, and then hire well-known investment banks or chartered accountant farms to ensure the price of the stock. Countries' recognised by the Financial Action Task Force is considered safe zone by the investors.