Dhaka, Oct. 26 -- The government has drafted 'Bangladesh Business Promotion Council Ordinance, 2025', to institutionalise and strengthen public-private collaboration in enhancing the country's export competitiveness, diversifying products and markets, and simplifying trade procedures in line with international standards.

According to the draft, the proposed 'Bangladesh Business Promotion Council (BBPC)' will act as a statutory body under the Ministry of Commerce, with the mandate to assist entrepreneurs, traders, and relevant associations through coordinated initiatives involving both public and private sectors, a finance ministry source said.

Once enacted, the BBPC will replace the existing eight sector-based business promotion council...