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The current diplomacy will be about trade and finance: Prime Minister

Prime Minister Sheikh Hasina has said that research initiatives should be taken to expand trade and commerce and increase product quality. Current diplomacy will be about trade and finance. The Prime Minister also said that the cost and expenses of businessmen and entrepreneurs will be reduced at the new venue of the trade fair.

The Prime Minister said this while inaugurating the Dhaka International Trade Fair in Purbachal on Saturday (January 1).

Noting that diversification of products is essential to find new markets in the world as well as increase exports, the Prime Minister said entrepreneurs need to do research to expand trade and maintain product quality. He also urged the exporters and traders to take this initiative to develop the image of the country abroad.
Speaking at the inaugural function of the 26th Dhaka International Trade Fair in Purbachal via Ganobhaban in the morning, Sheikh Hasina said, “Now is the time to seize the opportunity with Bangladesh in mind.”

Finally, the Dhaka International Trade Fair started on a permanent basis. On the morning of the first day of the new year, the trade fair which had been going on in Sher-e-Bangla Nagar for more than two decades, now at a new address in Purbachal. Although it was not held last year due to Corona, this year’s product stock has been set up in 225 pavilions and stalls at home and abroad. Prime Minister Sheikh Hasina inaugurated the 28th edition of Dhaka International Trade Fair at Bangabandhu Bangladesh-China Friendship Exhibition Center in Purbachal through Ganobhaban.

The Prime Minister spoke about the relocation of the fair to a new place in the inaugural event. He said that this will reduce the expenses of businessmen and entrepreneurs.

Sheikh Hasina said that besides finding new markets for domestic products, entrepreneurs and exporters should focus on research to improve product quality. He said that the work of building skilled human resources has started to prepare for the fourth industrial revolution.
Besides, Prime Minister Sheikh Hasina declared ICT services and products as the best products of the year 2022. He said that joint efforts should be made to move forward.

Earlier, in a statement issued on the occasion of ‘Dhaka International Trade Fair (DITF) -2022’ yesterday (Friday, December 31), the Prime Minister said that the investment and business-friendly environment has been raised to a new level as a result of timely and prudent initiatives of the Awami League government. Bangladesh has now become an attractive destination for foreign investors and traders as well. We have made investment and exports a top priority.

He said that in recognition of the overall socio-economic development, Bangladesh has received the final approval of the United Nations to move from a least developed country to a dignified ‘developing’ country. We are working relentlessly to turn the country into the ‘Golden Bangladesh’ of Bangabandhu Sheikh Mujib’s hunger-poverty-free and prosperous dream by 2041. This requires a massive expansion of economic activity.

Sheikh Hasina also hoped that the fair would be able to expand trade, diversify products, attract foreign investment and play a helpful role in the development of the country.

The Prime Minister said the fair would create an opportunity for local and foreign entrepreneurs to inform the buyers about the competitive advantages of their products and new innovations. At the same time buyers will also get the benefit of purchasing products at competitive prices from this large event. By participating in this fair, local entrepreneurs will be able to improve the quality of their products as per the need and will try to make local products competitive in international trade.

He added that in the last two years, the world has been plagued by the deadly Kovid-19 epidemic, which has virtually slowed down trade. But even then, business activities have been kept going through timely and well-thought-out decisions of our government and the dynamism of export trade activities has been maintained with incentive packages.

“On this auspicious occasion of the golden jubilee of independence and the birth centenary of the Father of the Nation, I firmly believe that DITF-2022 will be able to generate deep interest and enthusiasm among local and foreign producers and buyers,” he said.
In the message, he wished the overall success of ‘Dhaka International Trade Fair (DITF) 2022’.

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