With the theme ‘Achieving Sustainable Growth in a Turbulent and Disruptive Global Market’, the 34th CACCI Conference that took place virtually on 30th October Friday; featured speakers exchanging views on current trends, challenges, and uncertainties in the global market and geopolitical landscape, as well as the role of governments and businesses in mitigating global disruptions on the economy and business operations.
Dr. Sangita Reddy, FICCI President; Mr. Samir Modi CACCI President; Dr. Rajiv Kumar, Vice Chairman, NITI Aayog; Mr. Abdul Abiad, Director, Macroeconomic Research Division, Economic Research and Regional Cooperation Department, Asian Development Bank; and 
Dr. Andrew Stoeckel, Honorary Professor, Centre for Applied Macroeconomic Analysis, Australian National University was present at the conference, moderated by Mr. Dilip Chenoy, the Secretary-General of FICCI.
Additionally, Sheikh Fazle Fahim, President of FBCCI and the Vice President of CACCI alongside other chamber member panelists and FBCCI counterparts of Australia, Iran, Pakistan, Russia, Turkey were also present.
Commemorating the 100th birth anniversary of the Father of the nation and highlighting Bangladesh’s 50 year milestone in 2021, the President of FBCCI said, “Bangabandhu’s legacy is a remarkable example of leadership and tenacity in the face of adversity, and today’s occasion resonates with him, as well as the sustainability and recovery efforts of the government of Bangladesh and the FBCCI.”
“FBCCI as the host of the 33rd CACCI Conference held in Dhaka last year, emphasized on the prospective synergy exploring private sectors of CACCI nations’ engagement in investment, trade, technology and knowledge transfer. This synergy can contribute towards growth momentum in the next normal. We look forward to our future engagements maximizing our knowledge and resources towards complementary cooperation towards sustainability and recovery,” he further added.
During the conference, Fahim underlined the Bangladesh government’s key economic interventions entailing the Hon’ble Prime Minister Sheikh Hasina’s comprehensive financial stimulus packages of US$12.1bn, and laid out FBCCI’s exhaustive engagements since February 2020 in non-fiscal & fiscal policy support for MSMEs to the largest enterprises; in terms of tariff and tax intervention in national budget, as well as other philanthropic and socio-economic initiatives that supplemented government initiatives.
The President of FICCI said, “Geopolitical environment shifts and disruption in the supply chain has exposed us to the extensive change that is happening all around the world. But this is an opportunity to indulge in hope, opportunities, growth and collaboration in building a multilateral environment friendly sustainable economy. Effective collaboration between the government and private sector along with our strategic partners can help us to evolve a collective vision to recover from this unprecedented pandemic.”
Dr. Rajiv Kumar in his keynote speech said, “It is important for us as we go forward to build platforms and bring entrepreneurs from the entire region together which will help us to achieve more sustainable and inclusive growth in the post COVID world. We need to redefine the whole game of Capitalism and integrate regional cooperation and technology transfer, not just for a future pandemic but other trend shifts that potentially can impact livelihoods and lives.”
During the conference the FBCCI President also highlighted FBCCI Impact 4.0 entailing FBCCI Economic Applied Policy Research Center, FBCCI Alternate Dispute Resolution Center, FBCCI Tech C, FBCCI Institute, FBCCI University; that has been formed for global knowledge partnership to execute technology and knowledge transfer as well as trade facilitation.
