Business Desk :
Lowering trade cost through easing customs procedure and further improvement in investment climate and skill development were key for Bangladesh to cope with challenges stemming from graduation from the Least Developed Country (LDC) category, experts said at a seminar on Monday.
They also said that signing free trade agreements with more countries, fetching higher foreign investment and improving the labour rights situation were also vital in this regard.
The seminar titled “LDC Graduation of Bangladesh: Challenges and Opportunities” was organized by the Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) in the capital.
Bangladesh Trade and Tariff Commission (BTTC) Chairman Ahmed Munirus Saleheen was present as chief guest.
President of SAARC Chamber of Commerce and Industry Md Jashim Uddin and Senior Vice-President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Md Amin Helaly were present as special guests.
BTTC former member Dr Mustafa Abid Khan presented a keynote paper in the seminar presided over by BPGMEA President Mr Shamim Ahmed.