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Commerce Ministry committed to ensuring investment-friendly environment: Commerce Advisor

The Commerce Ministry is committed to ensuring a trade and investment-friendly environment, Commerce Advisor Sheikh Bashiruddin said.

He said this at a dialogue held at Hotel Intercontinental in the capital on Wednesday (April 09, 2025) afternoon.

The dialogue titled “Navigating Global Markets- Bangladesh’s Trade and Investment Strategies in the Post LDC Era” was organized by the World Association of Investment Promotion Agencies (WAIPA), WTO Enhanced Integrated Framework (EIF), Bangladesh Investment Development Authority (BIDA) and FBCCI.

The program was hosted by FBCCI Administrator Md. Hafizur Rahman.

In his welcome speech at the program, the Commerce Advisor said, “We have taken effective steps to build sustainable investment, trade and an inclusive economy. In this regard, making the regulatory framework more dynamic, expanding infrastructure and diversifying exports are being seen as important.

At the same time, Dr. Ratnakar Adhikari, Executive Director of the Enhanced Integrated Framework (EIF), said that Bangladesh can become a dynamic economy if institutional reforms, productivity growth, trade agreements and balanced use of resources can be ensured.

Participating as a panel discussant in the dialogue, Dr. Fahmida Khatun, Executive Director of the Center for Policy Dialogue (CPD), emphasized on human resource development, implementation of compliance in the industry, ensuring long-term policy framework and political stability to attract foreign direct investment (FDI) in Bangladesh.

Dr. James Zhan, Head of the WIC Executive Board, suggested facilitating access to licenses and services, implementing e-governance and ensuring transparency and accountability to expand sustainable investment.

Also present at the event were Additional Secretary and Head of the WTO Wing of the Ministry of Commerce Dr. Naznin Kawsar Chowdhury, BTMA President Shawkat Aziz Russell, Japan-Bangladesh Chamber President Tarek Rafi Bhuiyan, FBCCI Secretary General Md. Alamgir, business leaders and others.

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