The American Chamber of Commerce in Bangladesh on Wednesday put forward a series of recommendations aimed at attracting foreign direct investment and improving the ease of doing business in the country.
These proposals include trade facilitation, public sector modernisation, and enhancements to digital payment infrastructure.
The recommendations were submitted to the finance and commerce adviser Salehuddin Ahmed during a meeting at the Secretariat in Dhaka, according to a press release.
A nine-member delegation from AmCham, led by its president Syed Ershad Ahmed, presented the proposals.
The delegation emphasised the need for economic discipline, reforms to the current legal framework, and the importance of strengthening cybersecurity.
AmCham highlighted the promotion of renewable energy, climate-centric initiatives, stabilising law and order, improving traffic management, and ensuring smooth supply chain operations as essential to fostering a business-friendly environment.
During the meeting, Salehuddin Ahmed acknowledged that the government is prioritising trade and economic challenges.
He stated that tasks are being delegated to the relevant departments for efficient management and implementation, as noted in the press release.
Salehuddin also mentioned that the recommendations would be carefully reviewed, taking into account the legal framework and other pertinent factors.
Among those present at the meeting were Md Moinul Huq, Country Officer for Citibank NA, Syed Mohammad Kamal, Country Manager for MasterCard, and Ala Uddin Ahmad, Chief Executive Officer of MetLife, among others.