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Foreign trade bodies unhappy with frequent strikes

  • Published at 04:52 am May 19th, 2013
Foreign trade bodies unhappy with frequent strikes

Six foreign trade bodies have expressed deep concern over frequent strikes in Bangladesh as the unrest is affecting the investment potentials and discouraging the foreign investors.

The recent developments in Bangladesh were harming the business and investment potentials and the image of the country, they said in a joint statement released on Saturday, following their meeting in Dhaka.

“The strikes are discouraging the foreign investors and this would ultimately have a severe impact on the economy of the country,” said the statement.

It added that the foreign and joint business chambers of Bangladesh are non-political institutions and their aim is to promote bilateral trade relations and support foreign direct investment.

“According to the constitution of the People’s Republic of Bangladesh, strikes (“hartals”) are a fundamental right. However, the business chambers agreed unanimously that any violence in the name of strike is not acceptable.”

It said the business chambers are pleased that Bangladesh is by constitution a secular country. Unfortunately, the political turmoil is harming the business and investment potential and the image of the country, it noted.

The meeting was attended by Albrecht Conze, Ambassador of the Federal Republic of Germany in Bangladesh, Carel Richter, Charge de Affairs of the Royal Embassy of the Kingdom of Netherlands, Hiroyuki Minami, Minister and DCM of the Embassy of Japan.

Sakhawat Abu Khair, President of Bangladesh German Chamber of Commerce and Industry, Syed Nurul Islam, President of Bangladesh-Malaysia Chamber of Commerce and Industry, Arild Klokkerhaug, Founding President of Nordic Chamber of Commerce and Industry (NCCI), Shahzada Hamid, President of Dutch-Bangladesh Chamber of Commerce and Industry, Hiroyuki Watabe, Vice President of Japan Bangladesh Chamber of Commerce and Industry, Humayun Rashid, President of France Bangladesh Chamber of Commerce and Industry were present at the meeting.