DCCI for exploring new global markets, diversifying products


FE Report | Published: February 15, 2015 00:00:00 | Updated: November 30, 2026 06:01:00



Dhaka Chamber of Commerce and Industry (DCCI) placed on Saturday some recommendations to the government including exploration of new global markets and diversification of products for increasing export with a view to turning the country into a middle-income one by 2021.
They also strongly suggested that the government should improve the present political situation; otherwise both internal and external investments would be hindered and the overall economic growth would be shrunk.
The board of directors of the trade body put forward their recommendations to Commerce Minister Tofail Ahmed when he visited the DCCI office on the day.
President of DCCI Hossain Khaled welcomed the minister at the board room of  DCCI.
The role of businesses is imperative to elevate gross domestic product (GDP) growth to double digit, set up 120,000 small and medium enterprises (SMEs) and create six million employments, according to the recommendation.  
The other recommendations of the DCCI are : reducing the cost of doing business, smooth supply of gas and power to the industries, protecting local industries, developing infrastructure and increasing logistic supports, developing communication network, building deep sea port, modernising land ports, enhancing regional cooperation and increasing investment, removing non-tariff barriers, availing the opportunity of regional market access, developing SMEs, taking combined and effective plan for increasing the growth of agriculture, ensuring effective roles of country's missions abroad and strengthening the Trading Corporation of Bangladesh (TCB).
Besides, opening more new border haats, strengthening mobile court to check mixing of chemicals with foodstuffs, considering tax waiver and formulating investment-friendly guidelines to help automobile industry flourish, issuing no objection certificates by the department of environment every three months to the industries and taking steps to expand technical education are also among the recommendations.     
The commerce minister assured the DCCI of considering their suggestions with due importance.    
talhabinhabib@yahoo.com

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