Khandaker Abdul Muktadir, the Minister for Commerce, Industries, and Textiles & Jute, has announced that the current government will closely monitor and review the trade agreements signed during the previous Awami League regime.
Speaking to journalists at the Sylhet Circuit House on Friday morning, the Minister emphasized the government’s commitment to overcoming trade challenges by boosting export commerce.
Focus on Investment and Global Trade
Minister Muktadir highlighted that the government is prioritizing the creation of an investment-friendly environment to attract both domestic and foreign capital. He noted that the administration is actively working to break the global stagnation in cross-border trade.
“The government will work to address the country’s trade challenges by increasing export trade. We will increase investment and create a supportive environment for investors,” the Minister stated during the briefing.
Strategic Transition
This move comes as part of a broader shift in trade policy. Earlier this week, upon assuming office, Khandaker Abdul Muktadir initiated a process to defer Bangladesh’s graduation from the Least Developed Country (LDC) status by three years to ensure economic stability. He has also expressed concerns regarding the high concentration of exports in a single sector and aims to diversify the national export basket.
Arrival in Sylhet
Earlier on Friday, the Minister arrived at Osmani International Airport from Dhaka. He was warmly received by local BNP leaders and activists. Senior officials from the district and divisional administration, as well as the police, were present to welcome him. Upon reaching the Circuit House from the airport, he was honored with a formal Guard of Honor.
This visit marks one of his first official provincial tours since being sworn into the cabinet led by Prime Minister Tarique Rahman on February 17.
