Grab the USD 10 billion export market

By A Mawaz Dhaka
7 January 2005, 18:00 PM
The Malaysian trade delegation which visited Dhaka recently indicated that the global halal meat export market was worth around US Dollars 100 billion, and Bangladesh could grab 10 percent of the market.

We are too nostalgic and sentimental about traditional exports (RMG, jute, shrimp), whereas we need the entrepreneurial initiative to tap new markets, as the natural bounties are generous in Bangladesh, the country of water and fertile land, with huge human resources.

Joint ventures with investment from Muslim countries would strengthen the limping OIC. This aspect needs handling at urgent priority due to adverse propaganda unleashed by the rich Western industrialised countries. The Islamic world is handicapped with huge communication and economic gaps; and a Western power is dictating terms in the Middle East and Muslim countries. There is a need for a second international currency to reduce the supremacy of the USD.

We dissipate too much national energy internally, to be of assistance to others at the regional and global levels. The footprints of our national leaders are too small; therefore freedom of expression is rather cramped. The inward look is a personal and private exercise, to enhance public exposure.

The export market is changing, and we are caught napping.