Commerce Minister Tofail Ahmed said the government will take necessary initiatives to sign a free trade agreement (FTA) with Vietnam and other countries with potential.
“Reducing the cost of doing business is in the government’s active consideration. Bangladesh is moving faster in terms of trade and commerce compared to other South Asian countries.”
The commerce minister made the remarks at the inauguration of the president’s executive floor at the Dhaka Chamber of Commerce & Industry (DCCI) on Thursday.
On the occasion of celebrating the 60 year anniversary of DCCI, the Chamber is opening a president’s executive floor at its Motijheel offices in the capital.
The minister told businessmen not to be too concerned as the government is thinking of reducing the cost of doing business by slashing source taxes and taking other initiatives.
He further said a congenial atmosphere is a must for doing business and now is the best time to invest more in industries. Bangladesh is now a role model of development in the world and by the year 2041 we will be able to be a developed nation if this growth momentum continues.
DCCI President Abul Kasem Khan said: “Due to our long-term policy planning, the economy is flourishing which is beneficial for attracting foreign direct investment (FDI).”
He said DCCI is going to organize an international conference, “Destination Bangladesh,” next month to showcase Bangladesh’s strength in attracting FDIs.*
Abul Kasem also said that in order to attract investment in the country we have to invest in infrastructure development.
DCCI former presidents Rashed Maksud Khan, Matiur Rahman, ASM Quasem, Aftab Ul Islam, Asif Ibrahim, Senior Vice President Kamrul Islam, Directors Engr Akber Hakim, Hossain A Sikder, Imran Ahmed, Mohammad Basiruddin, Salim Akhter Khan, SM Zillur Rahman, and former senior vice presidents and former vice presidents were also present on the occasion.
