Pvt sector proposal on Better Business Forum submitted
Thursday, 25 October 2007
The private sector has sent their recommendation to Chief Adviser Fakhruddin Ahmed on forming the Better Business Forum (BBF) in quest for a better business climate in the country, reports UNB.
"We have finalised and forwarded it (recommendation) to the Chief Adviser today," FBCCI president Mir Nasir Hossain told reporters at his FBCCI office Wednesday.
"We proposed to reduce the size of the Forum and ensure greater representation from the private sector," he said.
Earlier, the government sent a draft modality of the BBF to the private sector for review and their recommendation.
Replying to a question, the apex trade body chief declined to speak about the size, but informed sources said the private sector proposed a 36-member body - half of it to be represented by the private sector and the rest by the government officials.
The Chief Adviser will head the high-powered body as chairman while the Finance Adviser will be the executive chairman. The private sector proposed representation of the FBCCI president in the Forum as the apex trade body chief.
They also proposed representation of government officials
only from the ministries and government agencies related to promotion of business and economy while the private sector representatives would come from important sectors.
The private sector also proposed formation of nine working groups to deal with problems relating to areas like import, export, ports, investment, banking and so on. The draft modality had proposed forming six working groups.
"We've also suggested terms of reference for the working groups," FBCCI president Nasir said, replying to a question.
He added that they suggested selecting priority of the working groups within two and half months, and necessary amendments to the relevant laws to facilitate business.
Asked about the duration of the high-powered body, he said initially it should be for a term as long as the caretaker government is in power and any extension of the body would depend on the next elected government.
"We will prefer to continue the functioning of the Forum," he added.
"We have finalised and forwarded it (recommendation) to the Chief Adviser today," FBCCI president Mir Nasir Hossain told reporters at his FBCCI office Wednesday.
"We proposed to reduce the size of the Forum and ensure greater representation from the private sector," he said.
Earlier, the government sent a draft modality of the BBF to the private sector for review and their recommendation.
Replying to a question, the apex trade body chief declined to speak about the size, but informed sources said the private sector proposed a 36-member body - half of it to be represented by the private sector and the rest by the government officials.
The Chief Adviser will head the high-powered body as chairman while the Finance Adviser will be the executive chairman. The private sector proposed representation of the FBCCI president in the Forum as the apex trade body chief.
They also proposed representation of government officials
only from the ministries and government agencies related to promotion of business and economy while the private sector representatives would come from important sectors.
The private sector also proposed formation of nine working groups to deal with problems relating to areas like import, export, ports, investment, banking and so on. The draft modality had proposed forming six working groups.
"We've also suggested terms of reference for the working groups," FBCCI president Nasir said, replying to a question.
He added that they suggested selecting priority of the working groups within two and half months, and necessary amendments to the relevant laws to facilitate business.
Asked about the duration of the high-powered body, he said initially it should be for a term as long as the caretaker government is in power and any extension of the body would depend on the next elected government.
"We will prefer to continue the functioning of the Forum," he added.