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Form interim Bangladesh govt, restore order, economic activities: DCCI

07 Aug '24
2 min read
Form interim Bangladesh govt, restore order, economic activities: DCCI
Pic: Adobe Stock

Insights

  • The Dhaka Chamber of Commerce and Industry recently called for immediate lawful formation of the interim government in Bangladesh and steps to restore law and order in Dhaka and around the country to restore normal economic activities at the soonest possible.
  • Business leaders urged the chief of army staff Gen. Waker-Uz-Zaman to secure business premises.
The Dhaka Chamber of Commerce and Industry (DCCI) recently called for immediate lawful formation of the interim government in Bangladesh and steps to restore law and order in Dhaka and around the country to restore normal economic activities at the soonest possible.

"We request all concerned to take necessary measures to this end," a DCCI statement said.

Economic operations have been significantly hampered due to the unrest, it noted.

"The recent anarchy has taken huge toll on our lives and economy, disrupting living and economic conditions. Unless measures are effective, supply chain disruptions will cause further damage to public sufferings," read the statement.

Voicing concern over the destruction, torching and vandalism targeting industrial and commercial establishments, business leaders urged the chief of army staff Gen. Waker-Uz-Zaman to ensure the security of business premises.

International Chamber of Commerce, Bangladesh (ICCB) president Mohammad Mahbubur Rahman stressed the need for putting an end to the destruction caused by miscreants.

Many garment factory owners are hesitant to open their units, especially in Ashulia, Bhaluka and Narayanganj.

Meanwhile, the Ethical Trading Initiative, a platform of trade unions, non-governmental organisations and companies, urged global buyers to appreciate the consequences of transitions and factory shutdowns amid the recent unrest and remain engaged with Bangladesh suppliers.

Both sides should work together to prioritise worker safety, especially of those commuting to and from work, an ETI statement said.

Companies should also adjust their expectations and purchasing practices to suit these unique circumstances, ensuring that order adjustments were practical and aligned with responsible purchasing practices recommended by the ETI, it added.

“We continue to urge calm and urge all sides to come together peacefully so we can jointly move past this crisis. It is imperative that full democratic institutions be maintained and stability be assured; these are key steps in supporting the lives and livelihoods of Bangladeshi citizens and ensuring short term disruptions will indeed be temporary,” American Apparel & Footwear Association (AAFA) president and chief executive officer Steve Lamar said.

Fibre2Fashion News Desk (DS)

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