Focus Group Discussion on “Draft National Logistics Policy”

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The American Chamber of Commerce in Bangladesh (AmCham) held a discussion

on “Draft National Logistics Policy” on February 20, 2024 at 3:00 p.m. at the Westin Dhaka. Mr. Syed Ershad Ahmed, President – AmCham chaired the session. Mr. Kabir Ahmed, President, Bangladesh Freight Forwarders Association (BAFFA), Dr. M. Masrur Reaz, Chairman, Policy Exchange of Bangladesh, Mr. Mohiuddin Abdul Kadir, President, The Chartered Institute of Logistics and Transport (CILT), Bangladesh Council and Mr. Naquib Khan, President, Bangladesh Supply Chain Management Society (BSCMS), Mr. John Fay, Commercial Counselor, U.S. Embassy, Dhaka, Mr. Mohammad Lutfullah, from IFC, Mr. Mohammad Nazimuddin and Mr. Saiyab Amal Ahmed from The World Bank, Barrister Fatema Anwar, Academic Director & Head of Laws, Academic Director & Head of Laws, Dhaka Centre for Law and Economics (DCLE), Mr. Mohammad Refayet Ullah Mirdha, President, Economic Reporters’ Forum (ERF) and Senior Reporter, The Daily Star, Ms. Doulot Akter Mala, Special Correspondent, The Financial Express took part in the discussion among others.   

As you may know, AmCham conducts periodic dialogue to understand the local market, advocate for favorable policies, serve our member businesses, provide business insights, foster partnerships, and support economic development in Bangladesh. The National Logistics Policy is a comprehensive framework established by the government to optimize and streamline logistics operations across various sectors. This policy aims to enhance the efficiency, cost-effectiveness, and competitiveness of the logistics industry by promoting best practices, infrastructure development, technology adoption, and skill enhancement among stakeholders. Through collaboration with industry players, policymakers, and regulatory bodies, this policy sets a roadmap for transforming India into a global logistics hub while ensuring sustainability and compliance with international standards.

Dr. M. Masrur Reaz explained the salient features of the draft national Logistics policy and Prof. Dr. Md. Mamun Habib, Independent University Bangladesh (IUB) summarized the discussion. The participants unanimously praised the policy’s robust framework and comprehensive approach, with only a few minor areas for potential refinement.

Proper coordination among the regulatory bodies, effective collaboration between Govt. and Private sectors for better performance, development of user-friendly policies for faster customs clearance, proper risk management in the entire supply chain, the necessity of having skilled human resources in the logistics sector, and the importance of having a national logistics index were some of the issues discussed.

AmCham members from the logistics sector, Presidents of different supply chain institutes & associations, industry experts and leading researchers joined the discussion.