Contribution of SMEs to GDP around 26pc: Tipu

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DHAKA, Jan 11, 2021 (BSS) – Commerce Minister Tipu Munshi today said
SMEs are the lifeline of Bangladesh’s economy contributing about 26 percent
to the country’s GDP.

“The global economic dimension has changed a lot. In order to sustain in
the international market with an access to diversified export, we need to
conduct more institutional research,” he said while meeting with Dhaka
Chamber of Commerce and Industry (DCCI) President Rizwan Rahman at his
secretariat office in the city, said a press release.

To be more competitive in the export market, he said, the government
will support all potential sectors.

He assured the DCCI president of all support from the ministry for the
greater interest of the country’s economy.

He further requested the DCCI president to put forward necessary
recommendations from the business community to the ministry for government’s
consideration.

Among others, DCCI Senior Vice President N K A Mobin and Vice President
Monowar Hossain were also present at the meeting.

Rizwan Rahman requested to allow the same fiscal and non-fiscal
facilities to all export oriented sectors like RMG sector keeping in mind the
LDC graduation of Bangladesh.

In the post Brexit era, he said, the government can take initiative to
sign FTA with the UK.