Such actions harm country's image: FICCI

The Foreign Investors' Chamber of Commerce and Industry (FICCI) condemns violence and blockades, especially at a time when the country is facing economic headwinds with sustained high inflation and foreign-currency-liquidity tightness.

The FICCI president, Naser Ezaz Bijoy, terms such actions detrimental to the country's image that will adversely impact the future order book of exporters and foreign-currency inflow, thus exacerbating the existing economic challenges.

"We have already observed lower global demand for apparel and leather goods. This will present international buyers reasons on a platter to divert orders and reduce prices to adjust against the risk of the potential supply-chain disruption," he said.

Mr Bijoy, also Chief Executive Officer at Standard Chartered Bank, said it is not about politics because the consequences of the anarchy will be borne by general people and entrepreneurs of Bangladesh.

"Anyone who has minimum patriotism should act responsibly to avoid the adverse consequences on the interest of Bangladesh," the FICCI chief observes.