Dialogue Highlights Need for Inclusive and Sustainable Supply Chains Ahead of Bangladesh’s LDC Graduation
Speakers Call for Stronger Responsible Business Practices to Boost Trade Competitiveness
May 19, 2026
Stakeholders join a national dialogue on Responsible Business Conduct to strengthen resilient supply chains and trade competitiveness in Bangladesh ahead of LDC graduation.
Speakers at a national dialogue jointly organized by the Ministry of Commerce and the United Nations Development Programme (UNDP) today at a hotel in Dhaka, called for stronger responsible business practices to help Bangladesh strengthen trade competitiveness, improve supply chain resilience, and sustain access to global markets as the country prepares for graduation from Least Developed Country (LDC) status.
The dialogue, titled “Responsible Business Conduct for Resilient Supply Chains and Trade Competitiveness,” supported by the UK Government, brought together government officials, private sector representatives, business associations, development partners, civil society, academia, and industry leaders to discuss how Bangladesh can align its trade and investment ecosystem with evolving global sustainability and due diligence standards.
Attending the event as Chief Guest, Khandakar Abdul Muktadir, MP, Honourable Minister, Ministry of Commerce said, “Responsible Business Conduct is no longer only a compliance issue; it is becoming a strategic economic priority for Bangladesh. Strengthening responsible business practices will help enhance investor confidence, improve market access, and position Bangladesh as a competitive and sustainable sourcing destination in the global economy.”
Speaking at the event, Md. Abdur Rahim Khan, Additional Secretary (Export Wing), Ministry of Commerce, emphasized the need for stronger institutional coordination and support mechanisms to help businesses adapt to evolving global requirements. “The global shift toward Responsible Business Conduct presents both challenges and opportunities for Bangladesh. Firms that proactively adopt responsible practices can strengthen competitiveness, improve operational efficiency, and enhance their reputation among international buyers and investors,” he said.
Sonali Dayaratne, Deputy Resident Representative, UNDP Bangladesh, noted that Bangladesh’s transition toward responsible business practices must remain inclusive, particularly for SMEs and emerging industries. “Responsible Business Conduct is becoming central to export competitiveness, market access, investor confidence, and long-term economic resilience. Bangladesh now has an important opportunity to develop a more structured national approach that strengthens policy coherence, promotes resilient supply chains, and supports sustainable economic growth,” she said.
The dialogue also highlighted the Ministry of Commerce’s initiative to establish a Responsible Business Conduct (RBC) Cell to support alignment with emerging international standards and strengthen coordination among government institutions, the private sector, development partners, and industry associations.
Earlier, Dr. Masrur Reaz, Chairman, Policy Exchange Bangladesh, presented the keynote paper.