PM urges exporters to explore benefits of economic graduation

Published: 02 Dec 2018 | Updated: 02 Dec 2018   

Online Desk

Prime Minister Sheikh Hasina today urged the business community to work vigorously to explore the export and other business opportunities in the global market following country’s graduation as a developing country from LDC.

“As a developing nation we will get immense opportunities in the export market and other areas of trade and business in the global market. It will help us get credit facilities and doing business in more easy ways. So, we have to take the opportunity,” she said.

The prime minister said this while distributing national Export Trophy for the year 2015-2016 at a function at Pan Pacific Sonargaon Hotel in the city, BSS reports.   

Sheikh Hasina said Bangladesh will lose some facilities entitled for LDCs, but it would not be a problem for us as we have already taken preparation to address the situation creating necessary business friendly atmosphere.

Commerce Minister Tofail Ahmed presided over the function held in the auspices of Bangladesh Export Promotion Bureau under the Commerce Ministry.

Secretary of the ministry Md. Mofizul Islam gave welcome address while president of Federation of Bangladesh Chamber of Commerce and Industry Shafiul Islam Mohiuddin also spoke on the occasion.

A total of 56 enterprises of 24 sectors were given the trophy. Out of them, 25 organisations received gold, 17 organisations silver and 14 organisations bronze trophy.

The prime minister said her government has tried to create trade and business opportunities in the country as much as possible. My door was always open for businessperson without their political identity, she said.

Aimed at boosting regional trade and business, the premier said her government has signed a memorandum of understanding with India, Bhutan and Nepal for development of communication network. Another memorandum of understanding has been signed with China, India and Myanmar for development of BCIM Economic Corridor, she added.

“So you have immense scope to expand your business up to China in addition to East Asia and South Asia and South East Asia,” she said.

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