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  • Discussion Brief for the Export Strategy-Maker

    Trade Support Network in the Private Sector: Bangladesh Perspective

    There is an excellent collaboration between the government and the trade bodies of private sector business in Bangladesh on formulation of trade and investment policies. Regular and frequent consultations between the government and the trade bodies take place on various policy issues as well as on burning inhibiting factors that affect trade and export. In these meetings solutions are arrived at on the basis of consensus of the stakeholders

    Though trade bodies exist in almost every district of the country, the major Chambers and Trade Associations situated in the Capital play the pivotal role. All these major trade bodies have various programmes for promotion of business network as well as for capacity building of its constituents. DCCI is one such major Chamber located in Dhaka having around 3000 members from a diverse range of business from trade and industries. 

    I would try to outline here the activities of DCCI to indicate the nature of networking that this chamber promotes for the trade and commerce in the country.

    1. Research, Information and publications:

       
      • Formulation and sending of proposals to Export Promotion Council on policy concerns: DCCI examines the policy issues minutely on a regular basis and participates in the meetings of the EPC to project their views. The Export Promotion Council usually meets once a year to look at policy recommendations forwarded by the private sector trade bodies. In the last meeting of the EPC it has been agreed upon to increase the frequency of the meeting to twice a year.
      • Standing Committees of the Chamber on Export and International market promotion: DCCI has a standing committee on this issue that meets two to three times a year to examine and monitor the trade environment for formulation of policy recommendations for consideration of the EPC. A number of trade delegations are also organised by the DCCI every year to various countries to establish contacts for promotion of trade and investment.
      • Arranging seminars, workshops and dialogues on different issues related to export promotion: DCCI regularly organises seminars, dialogues and workshops on trade policy issues to build consensus on policy recommendations. Two such seminars organised recently were on Facilitating policies and incentives as an essential prerequisite for boosting export and Export competitiveness in the WTO regime. 
      • Publications: DCCI has a number of regular publications to help business networking. These include:
        • DCCI members directory containing company profiles of about 3000 members both in print and in the WEB (
        • www.bangla.net/dcci)
        • Fortnightly Trade information bulletin circulating trade enquiries of both import and export as received from various agencies of different countries.
        • Review, a monthly publication containing articles, editorial comments on economic and business issues, information on business and business environment, chamber news, economic indicators and statistics.
        • Tax Guide containing latest tax laws, rule and their interpretations.

    In addition DCCI undertakes trade related publications in association with external agencies on a regular basis. A couple of such publications undertaken in the recent past and currently in hand with ITC’s assistance are:

    • Trade secrets: An export answer book for the SMEs.
    • Secrets of E-Commerce: A guide for the SME exporters.
    • Arbitration and alternative dispute resolution: How to settle international business disputes.

    1. Training through DCCI Business Institute:

       
    2. For capacity building of its members DCCI renders training facilities on trade related subjects. Some of the training programmes that were conducted in 2001 were:

      • Effective business communication.
      • Marketing is everything.
      • Building an export and import business.
      • LC for exports and import operations.
      • Shipping procedures for Export and import.
      • How to establish and set-up a joint venture with an European partner.
      • E-commerce in export business
      • Marketing of software products for export.
      • How to develop a distribution network for marketing of products.

    3. Projects:

       
    4. DCCI also undertakes various projects both on its own as well as in associations with external agencies to supplement capacity building and on formulation of policy issues. Some of the projects that are in hand are:

      • DCCI-CIPE Economic reform and Research Advocacy (ERRA) Project. This project has been undertaken by DCCI in collaboration with the Centre for International Private Enterprise, an affiliate body of the US Chamber of Commerce, Washington, USA. Through this project, different sectoral economic policy papers have been prepares like:
        • Policies for development of high value added export oriented business sectors such as RMG, computer software and databases, leather and leather goods and agro-based industries.
        • Policy considerations on anti-dumping and countervailing duty measures.
      • DCCI-TIPS project:
      • The UNDP created Technological Information Promotion System (TIPS) in 1986 with the support of the Italian Government and the participating countries. It was aimed at fostering technical and economic cooperation among developing nations. Today TIPS has its network in Asia, Africa, Latin America, Central and Eastern Europe. Countries of the European Commission currently supports the extension of the TIPS network to Bangladesh, Pakistan, Nepal, Philippines, Sri Lanka, Cambodia, Laos and Vietnam.

        The TIPS national Bureau in Dhaka has been set up at DCCI in July 2000. It has direct electronic connection with the TIPS network (www.tipsasia.org) and also Asia invests Secretariat at Brussels. Its establishment is based on an agreement of cooperation between the EU and DEVNET.

        The main objective of the TIPS Bureau in Bangladesh is to contribute to the advancement of the country’s technological and international marketing potential by fostering intra-regional exchange of commercial opportunities and other business information and particularly to stimulate, strengthen and promote economic and business relations between Bangladesh and the fifteen member countries of the EU. TIPS broadly seeks to provide services and products related to Trade and Technological information such as business negotiation, consultative, promotional and representative linkages between Bangladesh and the European business entities through its e-commerce network that is one of the largest in the world.

        Main products and services that are offered by this national Bureau are:

        • Promote marketing through Internet: Submit offers and demands in the net for interaction with millions of traders worldwide.
        • Weekly and monthly customised sector specific bulletins on Technology and Trade information.
        • Do business matchmaking for customer’s/member’s of TIPS.
        • Online access to TIPS database.
        • Links to Chambers of Commerce, Trade Federations and other organisations in Europe.

      • DCCI-World Bank EMS Project: 
      • This project is in progress in collaboration with the WB to improve the environment management system of our member companies. 20 companies were selected under this programme to educate them regarding the ISO-14001 through local assistant of the EMS to make them environment conscious. In addition, regular workshops are organised under this programme on ISO-14001 to build awareness among the DCCI members on environmental considerations.

      • DCCI Business Advisory Service Project: 
      • This project was undertaken with the financial and technical assistance of GTZ. The activities under this project include:

        • Assistance in making pre-investment business profiles.
        • Organising sector specific trade fairs.
        • Organising trade delegations and assistance in market access.
        • Organising training programmes for capacity building of the SMEs.

      • Design and Technology Centre Project in cooperation with GTZ: 

      DCCI has set-up a design and Technology Centre in cooperation with the GTZ of Germany. The objective of the project is to develop the capabilities of small and medium sized enterprises (SMEs) in selected sectors (Textile, Leather, etc.) to design and manufacture better quality products. This project envisages the transfer of technology to SMEs through the creation of a product development service centre under the DCCI. By utilising the services of this centre, the SMEs will be able to acquire the technical capability to eventually develop products by themselves (with the help of the centre) and manufacture products of adequate design and quality that will be more competitive in the local and foreign market. The first phase of the project started in February 1999 and continues till January 2002. The centre is now under construction, machineries are being installed and recruitment for the centre is in progress.

    5. Library and business information:

       
    6. DCCI has a well-stocked trade related library. Export related information is available in here. DCCI also undertakes dissemination of information both in print and through electronic media.

    7. Conclusion:

       
    8. The private sector in Bangladesh is aware of need of extensive networking requirement in the present day business environment. They are therefore keen to develop their capabilities to cope with the increasing pressure of competition and take all possible measures through their trade bodies to build and enhance the necessary network and participate in them. They are also trying to build, enhance and improve their capacities to remain in the national and international business. The activities of DCCI outlined above are a pointer in that direction.

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    Posted 18 August 2010 

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