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CA for discipline in business

UNB, Dhaka
Chief Adviser (CA) Fakhruddin Ahmed yesterday urged all concerned to maintain peace and discipline in the business arena and refrain from activities that cast negative impact on the national economy.
The head of the caretaker government made the call while addressing National Export Trophy distribution function jointly Organised by the Export Promotion Bureau (EPB) and the commerce ministry at Osmani Memorial Auditorium in the city.
He called for increasing the country's export to keep pace with the fast rising economies of China, India and Vietnam.
The CA said there is high demand in the international market for agro-based and processed agricultural goods, light engineering items, shoes and leather products, medicine, ICT and home textiles.
He believes that Bangladesh will turn Into a middle-income country in the next one decade if all work together.
The export income of Bangladesh was $ 12.18 billion in 2006-07 fiscal year while export target for the current fiscal was set at SI 4.50 billion.
Bangladesh is now exporting 167 < ms to some 186 countries.
.The national export-trophies • Acre awarded for the years 2002-2003, 2003-04 and 2004-05 in three categories: Gold. Silver and Bronze along with certificates on 21 export items among 82 business institutions and industries for their extraordinary contributions to the national economy.
A total of 33 gold, 28 silver and 21 bronze trophies were given for the three years.
Commerce Adviser Hossain Zillur Rahman, Commerce Secretary Firoz Ahmed, FBCCI President Annisul Huq and EPB Vice-President Md Shabullah also spoke at the function.
Advisers, business leaders, exporters. industrialists and businessmen were present at the function.
The CA said the government has already announced the finished leather, frozen fishes, handicrafts, electronic goods, flowers and foliage, jute products, handloom clothes, unpolished diamond, herbal medicine and herbal plants as special sectors for export development
He said export activities will have to be made more intense and dynamic utilising the opportunities of globalisation and efforts will be made to alleviate poverty by involving the country's huge population.
To attain this goal, the CA said, the government is giving impor-(ance to simplification of import-export procedures, using modem technology' in trade and commerce. expansion of market, increasing productivity' and capacity, production of standard quality products, reduction in business cost, implementation of international conditions and ensure good governance in the business arena.
He said the government is also carrying out strong efforts for duty-free access of Bangladeshi goods to the markets of the developed world
The CA said the government has constituted Better Business Forum (BBF) and Regulatory Reforms Commission (RRC) comprising representatives from government and private sectors to ensure good governance and further improvement of business environment.
He also mentioned the government's three-year term (2006-09) export policy for sustainable increase of export.
The CA said the government is taking steps for the development of communications and telecommunications system, utility services including water, gas, electricity, and management of ports.
In his speech, FBBCI President Annisul Huq urged the country’s businessmen to make less profit for one year in view of the on-going price hike of essentials.
He assured that business community will work together with the government to ensure that businessmen cannot make profit unethically.
The newly elected FBCCI president stressed the need for massive industrialisation for quick economic growth and urged for reducing the present high rate of bank interests.