Speakers for further ease of doing business, diversifying exports

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Business Desk :
Speakers at a session of the Bangladesh Development Forum (BDF) 2020 on Thursday said the country is going to face a challenge after its preferential trade benefits are gone following LDC graduation and if it also fails to diversify exports and not improves further in ease of doing business.
The observations were made by private sector analysts and foreign experts at a session titled “Private Sector Engagement and Trade Facilitation” on the first day of the two-day BDF at the Bangabandhu International Conference Center (BICC) in the capital this afternoon.
They also said that change in the mindset for both the policymakers and people is a prerequisite for ease of doing business, otherwise no legal framework will pay off in trade facilitation.
Moderated by FBCCI President Sheikh Fazle Fahim, Commerce Secretary Md Jafar Uddin made the key-note presentation.
Paban Chowdhury, Executive Chairman of Bangladesh Economic Zones Authority (BEZA), Bangladesh Investment Development Authority (BIDA) Executive Chairman Md Sirazul Islam, BGMEA President Rubana Huq, World Bank’s private sector expert Yutaka Yoshino and USAID official John Smith Sreen spoke on the occasion.
“It is very important to bring changes to the mindset of both the government and people, otherwise no law, rules and guidelines will work in trade facilitation,” said Paban Chowdhury, Executive Chairman of Bangladesh Economic Zone Authority (BEZA).
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