Dhaka, June 26 -- Commerce Adviser Sk Bashir Uddin has said there is an urgent need to update Bangladesh's automobile policy to address critical issues such as vehicle imports and local manufacturing, while aligning it with broader economic and environmental goals.

Speaking as chief guest at a seminar titled "Automobile Policy for Green Growth and Competitive Economy," held on Wednesday in Dhaka, he called for removing inconsistencies within related policies to fully harness the country's demographic dividend and boost labour productivity.

Adviser Bashir highlighted that although Bangladesh has invested billions of taka in infrastructure, the country has yet to realise significant economic benefits.

He stressed the importance of identi...