BDR unrest won't affect country's economy: Faruk

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The ongoing unrest at the Bangladesh Rifles (BDR) headquarters would not have any impact on the economy, said commerce minister Muhammad Faruk Khan Thursday.

"The government is worried about the crisis but it neither stopped the economic activities nor imposed any curfew," he said after inaugurating the 18th US Trade Show 2009 at Hotel Sheraton in the city.

There are reasons for 'mutiny' but innocent people should not be killed, he said. "They could have apprised the democratic government of their grievances," he added.

The government has formed a 'probe committee' to investigate the matter and whether there is any involvement of 'third party' in this issue, Mr Faruk said.

About the fair, he said the main objective of any trade show is to improve bilateral relations.

"Qualities of US products are of international standard and we can improve our standard to that level," he expressed the hope.

The global recession has affected the developed world but Bangladesh has showed its resilience, Mr Faruk said. "Our businessmen are conscious about the situation and the government will provide whatever support needed to face to situation."

US Ambassador in Bangladesh James F Moriarty said along with challenges there are also scope of opportunities from the global recession.

"The new government has announced a pro-business outlook policy and the business community should tap it," he said.

About the participants of the show, he said they might be facing problems in the US but they could do good business in Bangladesh.

President of American Chamber of Commerce in Bangladesh Syed Ershad Ahmed said US companies have done a remarkable job by bringing technology and advanced management tools to Bangladesh that support the economy to produce high value products.

A total of 56 companies are showcasing their products at the three-day trade show.