Trade Advisor Sheikh Bashiruddin said, there is a shortage of raw materials for making goods in our country, but students can fill that shortage through knowledge acquisition. Allah has not given anyone a monopoly on knowledge acquisition. Whoever tries as much as he can achieve. There is no syndication here.
He said, if labor productivity, utility proportion, logistic excellence, cost to finance, access to finance and access to market can be ensured, economic development is possible by filling the shortage of raw materials. He mentioned that it is possible to transform Bangladesh into a gold mine in five years by providing the right political leadership.
On Friday (September 12) night, the advisor delivered the chief guest speech at the closing ceremony of a two-day international conference on “The Future of Business: Innovation, Technology and Sustainable Development” organized by the Business Research Bureau at Chittagong University at Hotel Radisson Blu in Chittagong. Then he answered various questions from teachers and students.
The Commerce Advisor said that uninterrupted supply of goods plays an important role in market management. In the past Ramadan, the prices of daily commodities were low due to the overall efforts of the government’s Finance Department, the Central Bank and the Ministry of Commerce to keep the supply chain normal.
Stating that it was a challenge to steer the market in the right direction after August 5, the Commerce Advisor said, “As you know, many members of the so-called syndicate fled the country at that time. Keeping the supply side in order was very complicated at that time. We were able to rise from that situation with the overall efforts of the government. This has been possible due to the establishment of democracy in business and the special grace of Allah Almighty.”
He also said that after the fall of Sheikh Hasina, our reserves were around 10 billion. Our liabilities to various countries and institutions were 6 billion. Under the leadership of Chief Advisor Professor Dr. Muhammad Yunus, we have paid all the liabilities. Currently, the country’s reserves are 30 billion dollars.
What are the expectations from the future political government? In response to such a question, the advisor said, the fascist rulers of the past 16 years created cronies. The distribution of wealth was severely unbalanced. The cronies they created did not have a role in the country’s economy, but rather they destabilized the market management.
If the future government manages the market in a democratic manner and carries out impartial reforms through coordinated initiatives, then the market system will be strengthened and a balanced distribution of wealth will be ensured.
The program was presided over by Chittagong University Vice Chancellor Professor Dr. Muhammad Yahya Akhtar. Other guests included Deputy Vice Chancellor (Academic) Professor Dr. Mohammad Shamim Uddin Khan, Deputy Vice Chancellor (Administration) Professor Dr. Md. Kamal Uddin, Dean of the Faculty of Business Administration Professor Dr. Md. Tayyab Chowdhury, University Grants Commission member Professor Mohammad Ayub Islam and Sonali Bank PLC Chairman Muslim Chowdhury.
Later, Commerce Advisor Sheikh Bashiruddin presented crests to representatives of individuals and organizations for their special contributions to trade and commerce.
