BD stands on new global economic opportunities: Experts

The workshop, titled "WTO Rules and Trade Challenges for Bangladesh and Ensuring Fair Competition in Business: Bangladesh Perspective and Global Insights," was organized by Bangladesh Chamber of Industries (BCI) at BCI boardroom in the city.

The inaugural session was presided over by BCI Director Dr. Delowar Hossain Raja. Key participants and trainers included Md. Hafizur Rahman, former Director General of WTO Cell under the Ministry of Commerce, former Administrator of FBCCI, and Md. Khaled Abu Naser, former Director of Bangladesh Competition Commission.
Sixteen representatives, comprising BCI members and delegates from various institutions, participated in the training. During the discussions, BCI Director Md. Jahangir Alam reiterated that Bangladesh is poised for new possibilities in the global economy.

He emphasized that a business environment is reliant on prudence, good governance, efficiency, and fair competition will be instrumental in building a strong future of the country.

Dr Delowar Hossain Raja said in his introductory remarks that the BCI regularly organizes training programs focusing on critical laws and policies related to country's industrialization, foreign trade and business, emphasizing that this specific workshop is part of that.

In the first session, Md Khaled Abu Naser detailed strategies for 'Ensuring Fair Competition in Business'. He talks on fair competition, prevention of misuse of a dominant market position, anti-competitive behaviours, and prevention of cartels and illogical pricing practices.

Naser also highlighted the importance of governance and shared international experiences regarding these issues.
Crucially, Naser underscored the necessity of implementing the Competition Act, rigorous market monitoring, and ensuring ethical business conduct to elevate Bangladesh's business environment to meet international standards.

He called pointed out that customers must play active role in this effort.The second session focused on international trade frameworks. Md. Hafizur Rahman addressed 'WTO Rules and Trade Challenges for Bangladesh'. �"BSS