Trade
13 days ago

LDC graduation to bring opportunities and some challenges: Commerce adviser

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After the LDC graduation, Bangladesh will get greater opportunities along with some challenges, Commerce Adviser Sheikh Bashiruddin said on Thursday.

He was speaking as the chief guest at a seminar titled "Diversification of Bangladesh's Export Basket: Challenges & Opportunity in the Post LDC Graduation" held at the FBCCI office in Motijheel on Wednesday.

He urged the business community to work together on a consensus to exploit the opportunities. FBCCI Administrator Md Hafizur Rahman presided over the seminar.

Speaking at the seminar Hafizur said that the diversification of products is one of the challenges that Bangladesh needs to face after the LDC graduation.

In this case, priority -based programmes need to be taken by finding out which products and sectors need special importance, he pointed out.

A keynote paper by Centre for Policy Dialogue (CPD) research director Khandaker Ghulam Moazzem was presented at the seminar.

He advised the traders to prepare on how to manage the business in the next principle of LDC.

Secretary of the Ministry of Commerce Mahbubur Rahman, Chairman of Bangladesh Trade and Tariff Commission Dr. Mainul Khan and Export Development Bureau (EPB) Vice Chairman Md. Anwar Hossain were present as the special guests at the seminar.

They said the present government was sincere in addressing the post -LDC passage and solving the problems of the private sector.

The seminar was also attended by the Chairman and CEO of the Policy Exchange Bangladesh M. Mashroor Riaz, Pran-RFL Group Director Ujma Chowdhury, Executive Director of Square Pharmaceutical and Director of Bangladesh Pharmaceutical Association Md. Mizanur Rahman, BPGMEA President Shamim Ahmed.

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