City Desk :
The Trade Organisation Bill, 2022, aimed at allowing foreign traders to form joint trade bodies in Bangladesh, was passed in parliament .
Commerce Minister Tipu Munshi moved the bill in the House which was unanimously passed by voice votes on Tuesday with Panel Chairman Shahiduzzaman Sarker in the chair.
Piloting the bill, the commerce minister said the proposed act will replace the Trade Organisations Ordinance, 1961. “The act will ensure the representation of the people from government and also the trading organizations,” he added, reports BSS.
Some legal provisions have been included for women entrepreneurs in trade organisations through licensing, the draft law stated.
A provision has been made for inter-country joint chambers of commerce and industry and a chamber of commerce and industry alliance. The foreign traders will be able to form a joint chamber. Protesting the enactment of the proposed bill, Ganoforum lawmaker Mokabbir Khan said the enactment of the law will completely encourage the interest of the trading syndicate, rather than protecting the interest of the consumers.
