Business should be kept out of politics

Business should be kept out of politics

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Rubana Haque is former President, BGMEA
Rubana Haque is former President, BGMEA

Published: 07:40 6 August 2024

Violence has erupted across the country since July 15, centered around the students' quota reform movement. Business is greatly affected by it. Most of the industries have been closed since last Sunday due to the non-cooperation movement on one-point demand of the students. In the face of the movement, Sheikh Hasina left the country as Prime Minister. In this situation, economists and businessmen have urged to bring back the normal environment in the country as well as bring back the business and stability of the economy.

It will not be very difficult to make up for the loss of business in the last 15 days, if all of us traders stick together. But the greatest loss—we lost many young lives. Those who left were the future of Bangladesh. We should always remember them with respect. We have to remember this too, we always say when something happens, we lost a lot; But remember, business for people, not people for business.
In the current situation of the country, like every people and community, the business community also expects stability. We think that business should be kept out of politicization or politics. Politics and business are two different things. Whoever will do politics, before going to parliament, he should give up all business interests and then go. Due to which we have suffered, we have suffered from many conflicts. The main reason is that many businessmen have become politicians. Many politicians have become businessmen. I want to say strongly that the elections of the business organizations in the coming days should be above politics. Politicization actually kills business.
Politicization of business may benefit a few traders; But common people are in danger. We hope that the days ahead will be beautiful and clear. Businessmen should not, for any reason, use power for the sake of power to grow their business or become rich. Simply put, power is not used by businessmen to get rich. That would be a great crime. Because a change has come at the cost of many lives. Transparency is essential for the bright future of Bangladesh.
As a representative of the garment sector, I would like to say that all factories should be opened as soon as possible to ensure safety. Because in this sector, one day of factory closure means a loss of several crores of rupees. Foreign buyers are also very worried about the current situation. Their place of trust has become much weaker. In the current situation of the country, the foreign buyers are not getting any policy-decision from those who are in the leadership of business organizations including BGMES. As a result, there is concern among them about placing current and future purchase orders. Over the past few days many foreign buyers have called me to express their apprehensions and concerns. Meanwhile, some buyers have started shifting some of their purchase orders to other countries. If we are not able to normalize the situation quickly and start the factory, then it will be very difficult to bear this loss.

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