Trade fair showcases the best in business

The size of the crowds at the Dhaka International Trade Fair makes it clear that our business sector is as healthy as ever.

In the race to become a middle income nation, it is important for Bangladesh to keep its eye on the ball -- this means continuously improving the quality of locally made products, and building new markets through investment in knowledge and innovation.

Bangladesh is experiencing growing demand for its exports in the world market, and we must keep up with this demand.

The month-long trade fair is a key annual event for traders and exporters to showcase their products. Adding to that is the international dimension of stalls from around the world.

It is a matter of some regret that this year, the attendance from foreigners has been lower than it was in previous years.

Bangladesh, now, has a responsibility in welcoming back foreign businesses, by creating a more business-friendly and safe environment for foreigners.

The relatively stable political climate in Bangladesh is now enabling DITF to attract large crowds, who throng to the fair to buy kitchenware, home appliances, electronic goods, cosmetics, and even furniture.

Fairs such as this one can play an important part in sustaining our economic growth, which has seen household incomes double in the last decade, and has lifted millions of people out of poverty.

The energy at this year’s DITF can inspire young entrepreneurs, attract new customers, and serve as a catalyst for improved business in Bangladesh.