The New Nation - Internet Edition

BSS, Dhaka

President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Mir Nasir Hossain said yesterday they want establishment of the rule of law, and transparency and accountability at all levels which are the core requirements for development of the economy and the nation.

The government is working for achieving these objectives and holding an acceptable election to put the national politics on a clean platform.

Mir Nasir said this while addressing the annual general meeting (AGM) of the FBCCI at its the conference centre in the city. He chaired the AGM while First Vice-President Mohammad Ali, Vice-President Dewan Sultan Ahmed, directors, heads of member bodies and general body members attended the meeting.

Mir Nasir welcomed the government's decision for formation of a Truth Commission to bring a change to procedure of trial of corrupt businessmen, a Regulatory Reforms Commission and a Bangladesh Better Business Forum (BBBF).

"These forums will contribute a lot to our economy besides strengthening public-private coordination," he said.

The FBCCI chief said just after the end of the term of the political government on October 27 last year, the overall situation in the country had deteriorated due to violence and anarchy.

The board of directors of the FBCCI at its emergency meeting on January 6 this year expressed their deep concern over the situation, he said.

The FBCCI chief said a sense of relief returned to public life after assumption of responsibility by the present caretaker government on January 11 which has undertaken many reforms.