Commerce, Industry, Textiles and Jute Minister Khandaker Abdul Muktadir said there is significant potential for Bangladesh to increase exports of pharmaceuticals, leather goods, jute products, food items and ready-made garments to the Saudi Arabian and broader Middle Eastern markets.
To utilize this opportunity, a sector-based plan will have to be taken out of the conventional way.
The minister also said that Bangladesh's identity abroad is reflected through its trade, commerce and workforce. To strengthen the country's image, export capacity and skilled human resources, the government is ready to provide the necessary support.
He made the remarks on Sunday when a delegation from the Saudi Arabia-Bangladesh Chamber of Commerce and Industry met him at his office.
Referring to the issue of expatriate workers, he said that people who go to work abroad make a lot of sacrifices. If their proper training and skill development are ensured, everyone - the individual, the family and the country - will benefit. In addition to earning foreign currency, skilled human resources can become a great asset for Bangladesh.
Addressing the delegation, the Commerce Minister said that specific proposals should be made on which sectors need what kind of support, where policy support is needed and where financial or sector-based cooperation is needed. If a realistic proposal is received, the government will consider it seriously.