TopCat
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The bold part shows you are misinformed.
Still seeing Coke cans of foreign origin. Along with other little products. Just because you don't buy them doesn't mean they aren't there.
Our trade balance is not good at the moment.
Check the data yourself:
http://trade.ec.europa.eu/doclib/docs/2006/september/tradoc_113349.pdf
But exports have increased and likely to in the near future.
Exports rise 40pc in 10 months
But we have to ban or at least severely tax these little things of foreign origin. Its the imports of these little everyday things that can easily be researched, developed marketed and produced locally that really hurt.
This matter has already been much discussed among the Bangladesh business community and business media.
I find it dumb to pay Tk. 2,000,000 for a damn Corolla. Even beyond retarded to buy a Land Cruiser for Tk. 35,000,000.
Why did they increase duties on cars recently? Why are they reluctant to invite more FDI?
Its all about making money.
POISHA BANANO JONE OSTHEER!
Do you always live in contradiction? One way you try to show yourself as sole flag bearer of free market economy in the next sentence you want a regulated market. Whats your stand?
The reason we are manufacturing coke cane is because we imported them at first. Once the market is created we started manufacturing. The biggest problem from my own view point is that the lack of knowledge regarding consumer and technology products amonsgst our customer. We need to introduce the consumer with those products first then the market will automatically get created and the investor will follow through. Simple example is tissue clothing. We first started importing from Japan, then from India as a cheaper alternative. now we are producing them in here for even cheaper alternatives.
Again if you dont keep the door open for competition your domestic industries will loose at the end because as there is a captive market they will always try to optimize their profit and offer the customer with low quality products which eventually has not use when it comes to export as nobody going to pay for this shittty products overseas.