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FBCCI to work to tackle LDC graduation-led business challenges

Pledges the new committee of the apex trade body


Published : 21 May 2021 08:55 PM

The newly elected board of Directors for the FY 2021-22 of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has taken charge of the office formally in a ceremony. 

The ceremony took place at the FBCCI Icon, Matijheel in the capital on Thursday.

Outgoing President of FBCCI, Sheikh Fazle Fahim formally handed over the charge while newly elected President Md Jashim Uddin took over the same on behalf of the board.

Addressing on the occasion, Jashim Uddin said that his board is pledge bound to continue work for private sector development alongside facing the challenges of the businesses due to LDC graduation.

“The country’s apex trade body would continue to work for further flourishing the private sector side by side with tackling the challenges of the businesses due to LDC graduation,” he said.

Jashim made the remarks while addressing a press conference organized by the new FBCCI committee for the 2021-22 term held at its building in the city’s Motijheel area.

“We want to work for private sector development in our next two-year term by standing beside the businesses. Our first target is to ensure support from the stimulus packages for the micro entrepreneurs so that they can get loan facilities under the packages,” he added.

Jashim said they would discuss with the central bank and other commercial banks in this regard.

The FBCCI president said that they have taken over the charge of the country’s apex trade body at a time when the global economies are being devastated due to the COVID-19 pandemic.

“Bangladesh is not also out of the purview of that. But, the new FBCCI board with experienced and skilled businesses will be able to do something good for the country’s economy,” he said. Thanks to timely and farsighted steps taken by Prime Minister Sheikh Hasina, Jashim said, Bangladesh is now in a much better position compared to the neighboring countries in tackling the pandemic.

He expressed his heartfelt gratitude to the premier and the government for rolling out stimulus packages and other measures to keep operational the wheels of the economy.

The FBCCI president also voiced his strong resolve to build an inclusive and effective FBCCI which will truly represent businessmen in its march towards building a developing nation.