Business leaders have expressed fear that the export sector will face losses if the incentives given to export-oriented industries including ready-made garments are stopped.
They expressed this apprehension in the first meeting of the Standing Committee on Export Affairs held at FBCCI on Sunday (February 4) afternoon.
Businessmen and entrepreneurs demanded to reduce the price disparity of the dollar in the country's market. They said, in the case of traveling abroad as an exporter, a dollar can be bought at a maximum of Tk. 110 or Tk. 110. 50 paisa, but in the case of importing various equipments including raw materials, an exporter has to multiply Tk. 120 to Tk. 122 against each dollar which is discriminatory.
Speaking as the chief guest at the meeting, FBCCI President Mahbubul Alam said that the Standing Committee on Exports can play an important role in dealing with the current dollar crisis. He assured that FBCCI will provide all kinds of support in export diversification and expansion along with solving the problems of entrepreneurs in the field of exports.
Chairman of the committee Mehedi Ali presided over this meeting on export matters. He said that business is shifting around the world due to geopolitical reasons. Bangladesh needs to take appropriate steps now to utilize this opportunity.
FBCCI director Syed Md. Bakhtiar was also present at the meeting. Co-Chairman of Standing Committee on Port and Shipping Ahmed Sakhawat Salim Chowdhury, Director of FBCCI and Director-in-Charge of Standing Committee on Export Salma Hossain Ash, Secretary General of FBCCI Alamgir, committee members, business leaders and others were also present in the meeting.