President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCC1) Al-Haj Md Akram Hossain in a statement Wednesday expressed satisfaction over the government decision to lower the prices of sugar.

The decision will benefit the people, he said. He also urged tne government to be cautious so that smuggled sugar did not enter into the domestic market.

Meanwhile Bangladesh Chamber of Industries (BCI) also welcomed the government decision about reftxlng sugar price. It said that the step would reduce the consumers’ sufferings and enable country's sugar mills clear up their accumulated stocks and thus overcome the financial straits.

BCI Senior Vice-President Sharif M Afzal Hossain in a statement on Wednesday expressed the hope that such a step would help check smuggling of sugar.