State Minister for Commerce Ahasanul Islam Titu has sought cooperation of businessmen for market stabilisation
He made the request when the Board of Directors of Dhaka Chamber of Commerce & Industry (DCCI) led by its President Ashraf Ahmed called on him at the Bangladesh Secretariat.
During the meeting, Ahasanul Islamsaid that there is no shortfall of production of essential commodities in the country. “But due to disruption in supply chain management, sometime we find shortfall of supply in the market.”
Later, for stabilisation of market, he sought all out cooperation from the business community assuring full support to the businessmen.
He also informed that ‘handicraft’ has been announced as the product of the year and the government has taken initiative of promoting the project of “one village, one product” so that our non-traditional products can get access to the international market.
Regarding LC opening, the State Minister said that based on bank-client relationship and trustworthiness, LCs are being opened regularly.
DCCI President Ashraf Ahmed said Bangladesh has successfully signed and implemented of three preferential trade agreement (PTAs) with Bhutan, D8 and APTA and two free trade agreement (FTAs) with SAFTA and SATIS.
Negotiations for 12 additional FTAs and PTAs and feasibility studies are underway with key partners that might soon get a success, he said.
He further urged to mobilise efforts to expand coverage to other potential markets.
DCCI Senior Vice President Malik Talha Ismail Bari, Vice President Md. Junaed Ibna Ali and members of the Board of Directors were also present on the occasion.
