Dhaka: Commerce Adviser Sheikh Bashir Uddin today emphasized the need for Bangladesh to shift its economic focus towards generating a surplus from expenditure to achieve consistent national success. Despite being a $400 billion economy, the country currently struggles to achieve a surplus, he noted during his address as the chief guest at the closing ceremony of the ‘Road to Made in Bangladesh and Agro Machinery Fair 2025’ in the city.
According to Bangladesh Sangbad Sangstha, Bashir highlighted that achieving a surplus is unlikely if the nation continues to engage in excessive expenditure without adequately assessing the sufficiency of its resources. He urged stakeholders to work sincerely towards building a strong future economy by leveraging the nation’s internal capabilities.
The Commerce Adviser stressed the importance of relying on internal resources rather than external support, pointing out that relying solely on policy support is not a sustainable strategy. He noted that, apart from the garments sector, no other sector in Bangladesh has managed to achieve success through reliance on policy assistance alone.
The two-day exhibition was organized by the Bangladesh Chamber of Industries (BCI) in collaboration with the Bangladesh Automobiles Assemblers and Manufacturers Association (BAAMA) and the Agricultural Machinery Manufacturers Association. The fair hosted domestic and foreign entrepreneurs, policymakers, and experts.
In conclusion, Sheikh Bashir Uddin toured the Agro Machinery Fair, inspecting various stalls and engaging in discussions with entrepreneurs.