Dhaka, April 29 -- Commerce Minister Khandakar Abdul Muktadir on Wednesday called for bringing the gold trade under the formal economy, asserting that the jewellery sector holds untapped export potential worth billions of dollars for Bangladesh.

"People think the gold business is part of a black economy. I will not get into the black-and-white debate; what we want is the entire sector to become part of the visible economy," he said while speaking at a consultative committee meeting of the National Board of Revenue (NBR) held at a city hotel.

Muktadir talks tough against artificial crisis, market manipulation

Pointing to India's $52 billion annual earnings from gold jewellery exports, Muktadir said Bangladesh possesses craftsmen of comp...