Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), country’s apex trade body, on Saturday said they would seek legal remedy to get rid of destructive political programs like hartal and blockade as these are taking their heavy toll on the economy as a whole.
“We didn’t think of legal protection before. But, considering the current situation, we’ll be compelled of thinking to seek legal protection, if law covers,” FBCCI President Kazi Akram Uddin Ahmed told reporters at an urgent press conference at its office.
He said the board of the FBCCI allowed him to go for legal protection as they do not want to get affected further.
Earlier, the FBCCI leaders had a meeting to discuss the current political situation and find out way forward having their backs pushed against the wall.
Responding to a question, Kazi Akram said before the January-5 elections they had met the top leaders of Awami League and BNP but there had been no positive outcome.
“We don’t want to get affected further. Businesspeople will do business and politicians will do politics,” he said adding that for the sake of country’s economy, they will seek legal remedy to get rid of negative political programs.
The FBCCI President said transport, industrial production and tourism sectors are the worst affected areas due to recent blockade programs. “The transport sector alone suffers a loss of around Tk 200 crore every day.”
He said there might be negative impacts on the banking sector as the number of classified loans is on the rise.
Hartal or blockade programs generally invite huge economic losses to the country and the businesspeople count the maximum losses, he added.
“The ongoing political instability is not only hurting the economy, but also hampering usual public life, especially the students and examines,” he added.
The FBCCI chief observed that Muslim devotees are facing troubles in attending Biswa Ijtema due to the blockade program.
“If we want to turn Bangladesh into a middle-income country, all need to avoid confrontation and negative political programs,” he added.
The FBBCI urged the government to waive bank loan interest as production is being hampered due to the blockade program.
Kazi Akram also urged the political parties to withdraw destructive political programs. “We expect that political parties will find out a solution through fruitful discussions.”
FBCCI first vice president Monwara Hakim Ali, vice president M Helal Uddin and directors of the FBCCI board were present.
FBCCI considers legal remedy against hartal, blockade