Policy involving stakeholders of e-commerce sector coming soon: Commerce Minister
Commerce Minister also said e-commerce sector has played a pivotal role during the pandemic
Government will soon come up with a policy involving all the stakeholders of the country's e-commerce ecosystem, said Tipu Munshi, minister of commerce and industry during a virtual discussion on Wednesday.
The virtual panel discussion titled "E-commerce ecosystem for all" with a focus on an inclusive ecosystem was organised by Daraz, the largest online marketplace of the country, on their Facebook page, reads a press release on Saturday.
Apart from Tipu Munshi, other discussants in the seminar were Zunaid Ahmed Palak, state minister for ICT, Muhammad Abdul Wahed Tomal, general secretary, E-CAB, Syed Almas Kabir, president, BASIS and Syed Mostahidal Hoq, managing director, Daraz Bangladesh.
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Tipu Munshi said, "We have progressed tremendously in the e-commerce sector. The rate is equivalent to the progress that was expected three years later."
"Our e-commerce sector has played a pivotal role during the pandemic. Owing to e-commerce businesses it was possible to reach needy people with TCB products during the pandemic. We will soon come up with a policy involving all the stakeholders."
Zunaid Ahmed Palak said, "Digital commerce is contributing significantly in the materialisation of Digital Bangladesh. The government has ensured three things that are prerequisites for the expansion of e-commerce – access to high-speed internet, digital payment system and trust."
"E-commerce has also played a role in balancing the participation of women in the ICT sector. Because of different e-commerce sites like Daraz entrepreneurs can now sell local products to the foreign buyers," he added.
Syed Mostahidal Hoq, managing director, Daraz Bangladesh, said at the webinar, "We want the policy to be e-commerce ecosystem-friendly that will help grow the sector. Three points should be covered in the policy – implementation of an easy process meant for convenience of the customers, issues related to cross-border e-commerce and inclusion of those in import and export policies and proper address of the challenges of online payment systems. If we can do so, e-commerce sites will have 5 crore customers and be able to create more employment by 2025."
