An Integration of D-8 Countries with the Focus of Competitiveness, Opulence and Economic Accretion via the Advancement Of SMES: Bangladesh Perspective And Scope of Cooperation

Abstract

Radical transmutation of technology and integrating and interrelationship with the world community facilitated economic proliferation and deplete multitudinous problems encompasses with the SME that is an inevitable and enviable subject matter in the global market for alleviating poverty, engender manifold employment opportunities, evolution of economic standard and exploring apparent resources. D-8 in their recent conglomeration exhibits their necessity to consolidate their strengthen and propitious approach for the purpose of propagation of collaboration and conciliation that indubitably prevailing propinquity and ensuring sustainable economic amelioration.  In Bangladesh, one of the D-8 members, development of SME sectors is an astounding appliance for accomplishing industrialization, attaining millennium development goals such as eradication of extreme poverty, developing a global partnership for development etc. Capital accumulations, business environment, indistinctive framework for SME are the major impediments in Bangladesh. Facilitating cross-border integration, cross national cooperation, cluster or network development, construction of international value chain, Public- private partnership and also to establish congruous strategies and programs within the internal infrastructure may assist to mitigate the predicaments and also comply with the commitment of local government for unremitting growth of SME in Bangladesh.

Keywords: SME, D-8, Industrialization, MDG, cross-national cooperation, cluster development, interrelationship, public-private partnership]