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16 July, 2018 00:00 00 AM / LAST MODIFIED: 16 July, 2018 12:38:00 AM
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Interests of exporters, traders to be protected: Tofail

UNB
Interests of exporters, traders to be protected: Tofail
Commerce Minister Tofail Ahmed poses with the award recipients after handing over National Export Trophy 2014-15 at a ceremony in the capital’s Osmani Memorial Auditorium yesterday. A total of 63 companies were awarded trophies for their extraordinary contributions to the country’s export sector. focus bangla photo

Commerce Minister Tofail Ahmed yesterday said the interests of exporters and traders will be protected in the upcoming Import and Export Policy to ensure a business-friendly atmosphere in Bangladesh, reports UNB.

The minister said this while addressing the National Export Trophy 2014-15 distribution ceremony organised by Export Promotion Bureau Bangladesh at Osmani Memorial Auditorium in the capital.

A total of 63 companies were awarded trophies for their extraordinary contributions to the country's export sector in the fiscal year 2014-15.

While speaking as the chief guest, the minister said in many sectors Bangladesh has achieved its export targets and there will be higher targets in the future.

The country will get trade facilities being a least developed country (LDC) till 2029, he said, adding, "After its graduation from the LDC, we'll go for Free Trade Agreements with other countries. By 2021, our export will cross US$60 billion and we will work to achieve the goal."

He also said necessary steps have been taken to diversify products and market.

The government is giving top most priority to some sectors, including information

technology, pharmaceuticals, agriculture, plastic, leather,

and furniture, and these sectors are being given direct support from the government, he added.

In the future, investors in Bangladesh Export Promotion Zone Authority (BEPZA) will also be given the national export trophy, Tofail said.

President of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Md Shafiul Islam Mohiuddin, who attended the progamme as special guest, said the country's export now largely depends on textile and RMG which is a matter of deep concern.

He stressed the need for diversifying the export items to create more export opportunities.

Mohiuddin also demanded harassment-free business environment where the regulatory bodies will not give any unpredictable decisions or issue orders, affecting the export business.

To ensure a sustainable growth of the export trend, the FBCCI President also stressed the need for ensuring supply of electricity and energy to the traders at affordable price and adopting innovative technologies to develop the sector.

At the function, trophies were awarded to the companies under 28 product categories where Zaber and Zobair Fabrics Limited received the gold trophy as the best exporting company for its highest export earnings in fiscal 2014-15.

The other 62 companies received gold, silver and bronze trophies under different categories, including woven garments, yarn, textile fabrics, home textile, terry towel, frozen foods, raw jute, jute goods, finished leather, leather goods, footwear, agricultural products, agro-processed products, handcrafts, plastic products, electric and electronics products etc.

 

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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