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Accreditation can be an important tool for conformity assessment in supply chain process worldwide, said speakers on Sunday.
Experts came up with the view at a discussion on the occasion of World Accreditation Day 2019 at the conference room of Industries Ministry.
Dhaka Chamber of Commerce & Industry (DCCI) and Bangladesh Accreditation Board (BAB) jointly organised the meeting.
The theme of this year is "Accreditation: Adding Value to Supply Chain".
The speakers also said from procurement of raw materials to the finished products at the consumers' level, supply chain plays an important role.
“Accreditation creates confidence among the parties involved in a supply chain process”, they added.
The eperts also urged for diversification of export items for a sustainable economic development.
Industries Minister Nurul Majid Mahmud Humayun was present as the chief guest while DCCI President Osama Taseer was present as special guest.
Secretary of Ministry of Industries Md. Abdul Halim chaired the seminar.
Speaking on the occasion, Industries Minister said accreditation is a quality assessment certification of goods or services based on international standard which expedites export and import activities by creating confidence.
He said for sustainable private sector development in the country, his Ministry will give policy support to entrepreneurs.
DCCI President Osama Taseer said contribution of international trade in our GDP is 36.5 per cent. Bangladesh exports to about 200 countries in the world.
According to The Chartered Institute Procurement and Supply, 70 per cent of a company's expenditure goes for raw materials procurement.
Secretary of Ministry of Industries Md. Abdul Halim said that beside RMG, other sectors will also get benefits to increase export competitiveness.
Director General of Bangladesh Accreditation Board (BAB) Md. Monwarul Islam said that the World Accreditation Day is being observed in 195 countries across the world.
“Accreditation is an international demand and to ensure best quality of product and services it becomes an obvious instrument for export competitiveness worldwide”, he added.