A parliamentary watchdog on Sunday asked the authorities concerned to set realistic export targets for Bangladeshi missions abroad as the existing system of fixing yearly export goals appeared unreasonable.
Our missions abroad frequently fail to achieve their targets as no study is done before setting such targets,’ the chairman of the parliamentary standing committee on the ministry of foreign affairs, Abul Hassan Mahmood Ali, said after a meeting of the committee.
The meeting, presided over by the committee chairman, asked the foreign ministry to form an inter-ministry committee to find out logical and credible ways to set export targets for the missions abroad.
Once the missions fail to achieve their targets, they are condemned by the government and the media as well, resulting in Bangladesh’s bad image abroad.
‘We don’t want a bad name for the country anymore,’ the chairman said.
Under the existing arbitrary system of export target fixing, the government gives the missions targets without conducting any study on those particular markets and their demand for Bangladeshi products, added the chairman.
The targets are now fixed on the basis of hypothesis.
The meeting was informed that the government has taken up a three-year promotional drive to entice more foreign investments into the country.
Under the planned drive, the government would invite eminent persons and entrepreneurs from different parts of the world to project Bangladesh’s investment potentials.
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