Information Minister Dr Hasan Mahmud on Wednesday said policy reforms, policy simplification, need-based policy formulation and reduced outdated polices are necessary for conducive business environment.
“We need to work on reducing trade gap with other countries. But, first of all we need to enhance our capacity,” he said while meeting with the Board of Directors of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) led by its President Syed Moazzam Hossain at his secretariat office in the city, said a press release.
He said ready-made garment (RMG) is the biggest export earner of the country, but Bangladesh needs to encourage diversification of products in line with finding other potential export items.
He suggested to frame out a sector-specific policy demand.
Moazzam Hossain proposed for a comprehensive information policy which can play catalytic role in disseminating information among the people.
He also urged the minister to take necessary initiatives for branding Bangladesh.
BMCCI Vice Presidents Raquib Mohammad Fakhrul (Rocky), and Syed Almas Kabir, Secretary General Shabbir Ahmed Khan, Directors M Showkat Ali, Syed Moinuddin Ahmed, Jamilur Rahman and Secretary Hasanur Rahman Chowdhury were also present.