The Business Environment in Bangladesh





The Business Environment in Bangladesh


BANGLADSH, FORMERLY THE East Wing of Pakistan, emerged as a nation in 26th March 1971.

BACKGROUND: BANGLADESH came into existence in 1971 when Bengali East Pakistan succeed from its union with West Pakistan. About a third of this extremely poor country floods annually during the monsoon rainy season, hampering economic development.


INDEPENDENCE: 26th March 1971(from Pakistan) note: 26th March 1971 is the date of Independence from Pakistan. 16th December 1971 is Victory Day and commemorated the officially creation of the state of Bangladesh.

SIZE: Total 144,000 square kilometers, land area 133,910 square kilometers, water 10,090 square kilometers.

TOPOGRAPHY: Broad deltaic plain, Chittagong Hill in southeast, Low Hills in Northeast and modest-elevation highlands in north and northwest.


CLIMATE: Subtropical monsoon climate,wide seasonal variation in rainfall, High humidity, Moderately warm temperature, Climate generally uniform entire country, Subject to severe natural disasters, such as flood, tropical cyclones, tornadoes and tidal bores. Tropical mild winter
October to March : Hot humid summer March to June : Humid warm
rainy monsoon June to October.

LAND BOUNDARIES: Total 4,246km
border countries, Burma 193km,
India 4,053km


LOCATION : South Asia, bordering the Bay of Bengal between Burma and India.

POPULATION: 138,448,210(July 2003est)

MARITIME CLAIMS: Contiguous zone:18NM, Territorial sea:12NM Continental shelf: Up to the outer limits of the continental margin exclusive economic zone 200NM.

GEOGRAPHICAL NOTE: Most of the country is situated on deltas of large rivers flowing from the Himalyas the Ganges unites with the Jamuna (main channel of Brahmaputra) and later joined the Meghna to eventually empty into the Bay of Bengal.

AREA COMPARATIVE: Slightly smaller than lowa.

TERRAIN: Mostly flat alluvial plain. Hilly in South.

ELEVATION EXTREMES: Lowest point: Indian 0m. Highest point: Keokradong 1,230m

NATURAL HAZARDS: Droughts, Cyclones, much of the country routinely inundated during the summer monsoon season.

ENVIRONMENT CURRENT ISSUES: Many people are landless, water borne diseases, prevalent in surface water, water pollution, especially of fishing areas, results from the use of commercial pesticides, ground water contaminated by naturally occurring arsenic, intermittent water shortage because of falling water tables in the northern and central parts of the country, soil degradation and erosion, deforestation, severe over-population.

ENVIRONMENT INTERNATIONAL AGREEMENTS: Party to: Biodiversity, Climate change, Climate change to Kyoto Ptotocol, Desertification, Endangered Species, Environmental Modification, Hazardous wastes, Law of the sea, Nuclear Test ban, Ozone layer protection, Wetlands.

GOVERNMENT TYPE: Parliamentary Democracy.

FLAG DESCRIPTION: Green with large red disk slightly to the hoist side of center, the red sun of freedom which represents the blood shed to achieve independence, the green fields symbolizes the lush countryside and secondarily, the traditional colour of Islam.

CONSTITUATION: 4th November 1972, effective 16th December 1972 suspended following coup of 24th March 1982, restored 10th November 1986, amended many times.

LEGALSYSTEM: Based on English common law.

SUFFRAGE: 18 Years of age, universal.

LEGISLATIVE BRANCH: Unicameral National Parliament (Jatiya Sangsad) 300seats elected by popular vote from single territorial consituencies (the constitutional amendment reserved 30seats for women above the 300 regular parliament seats

The Fort of Aurangabad,
Popularly Known as the Lalbagh
Fort in Dhaka was built in 1678
by Prince Mohammad Azam,
son of Mughal Emperor

JUDICIAL BRANCH: Supreme Court, the Chief Justice and other Judges are appointed by the President.

Chief of state, President note the President duties are normally ceremonial but with the 13th amendment to the constitution (Caretaker Government amendment) The President role became significant at the time when Parliament is dissolved and a Caretaker Government is installed at Presidential direction to Supervise the elections.

Ahsan Manzil, Architecture proved Dutch, Protuguese and English Business People worked in Dhaka during 17thCentury.

Head of Government: Prime Minister.
Cabinet: Cabinet selected by the Prime Minister.

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DHAKA, BANGLADESH, Tel:+880-2-9002382, Fax:+880-2-8018360,