Business

Fair prices and supply of essentials to be ensured by forming co-ordination cell

Commerce Minister tells Trade Consultative Committee meet


Published : 04 Dec 2022 06:58 PM

The government will take necessary measures to ensure fair prices of essential commodities and sufficient supply of them through forming a co-ordination cell among the agencies and bodies concerned, said Commerce Minister Tipu Munshi on Sunday.

The Minister said ahead of the holy month of Ramadan, the government will take strict measures like all the past years to create stability in the market.  

Minister told this while addressing the 8th meeting of the Trade Cooperation & Consultative Committee, held the Bangladesh Secretariat, organized by his Ministry.

“There will be no problem to open LC in importing essential commodities, side by side Soyabean, the government has proposed to increase import of edible oil, sun-flower, canola by reducing their import duty”, said Minister.

He called upon the traders and persons concerned side by side the government to face global situation so that the people of the country may not suffer.

Replying to media queries Minister said the government has taken measure already to control prices of Sugar, saying that once the tariff of gas comes down, the production of Sugar will increase and then automatically sugar prices will come down. 

Commerce Secretary, Tapan Kanti Gosh, Mohammad Hasan Imam Khan MP, Chairman of Onus Group, Shafiul Islam Mohiuddin MP, FBCCI President Md. Jashim Uddin, BGMEA President Faruk Hasan,DCCI President Rizwan Raman, BTMA President, Mohammad Ali Khonon also spoke on the occasin among ot.