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29 March 2024


Business Insider Bangladesh

Traders demand policy support to penetrate African markets

BI Report || BusinessInsider

Published: 16:54, 1 June 2022   Update: 16:57, 1 June 2022
Traders demand policy support to penetrate African markets

Photo: collected

Traders of the country have demanded policy support from the government to capture the African markets.

They made the demand at the first meeting of the standing committee on international affairs, international trade bodies, development partners, and strategic partners held at the FBCCI (Federation of Bangladesh Chambers of Commerce and Industry) office on Tuesday, said a press release.

Traders claimed, China's position in Africa's agricultural and food markets is strong. “Despite having ample potential, that market is not being netted due to our lack of proper opportunities and policy support”.

Speaking as chief guest at the meeting, FBCCI vice-president Md Amin Helali, said that FBCCI is working closely with the foreign ministry to boost international investment and trade.

Syed Moazzem Hossain, director in-charge of the committee, told them a seminar on FTA would be organised soon by FBCCI. He further added that he would take initiatives to hold sectoral discussions with the ambassadors of different countries stationed in Dhaka.

The meeting was chaired by Shafqat Haider, chairman of the committee and former director of FBCCI.

The chairman warned the traders saying, “We have to learn to control ourselves by seeing the situation of Sri Lanka, otherwise it will be difficult to survive”.

Nagad
Monetary Policy Stance
Budget 2020-21
Walton