Sk. Bashir Uddin, Adviser to the Ministry of Commerce, has emphasized the interim government’s commitment to creating a more investment-friendly environment in the country through regulatory reforms and infrastructure improvements.

Speaking at a dialogue hosted by the American Chamber of Commerce in Bangladesh, or AmCham, on Monday (Feb. 24) at the Sheraton Hotel, Banani, he urged businesses to focus on their current operations rather than future uncertainties, which he said were slowing economic growth.

He reassured that the government is actively addressing key challenges such as inflation and law and order to stabilize the economy. Stressing the importance of public-private collaboration, he highlighted efforts to simplify business regulations, improve logistics, and ensure policy consistency to attract both local and foreign investors.

He also acknowledged concerns raised by industries regarding tax policies, energy security, and bureaucratic complexities, assuring that necessary reforms are underway.

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AmCham President Syed Ershad Ahmed, in his remarks, called for stronger business consultations and policy adjustments to boost trade and investment. He also urged the NBR to establish separate wings for policy and implementation and emphasized customs automation, better cargo facilitation, and reducing bureaucratic hurdles.

He stressed the need for expanding export markets through R&D and training, rather than relying on trade fairs.

AmCham Treasurer Al-Mamun M Rashel, John Fay, Commercial Counselor at the U.S. Embassy Dhaka, participated in the event. Additionally, representatives from Citi N.A., VISA & MasterCard, HSBC, Philip Morris, RBD Fibers Limited, MetLife, Chevron, Avery Dennison, BAT, Coca-Cola, PepsiCo, GE, BanglaTrac, and other local and foreign investors attended the dialogue.