Campaigners oppose govt decision about Japan Tobacco's entry
Wednesday, 08 Aug 2018 15:12 pm
Reporter :

Health Desk--8 August, 2018: Progga, a platform of anti-tobacco campaigners, on Tuesday opposed the government decision that allowed Japan Tobacco to take over the tobacco business of Akij Group.

In a statement, Progga said the entry of Japan Tobacco into Bangladesh will put public health under a threat and hinder the country's aspiration to become a tobacco-free nation.

Japan Tobacco, one of the largest tobacco companies in the world, acquired United Dhaka Tobacco Company, a concern of Akij Group, for $1.47 billion on Monday.

United Dhaka Tobacco is the second biggest player in Bangladesh's market after British American Tobacco.

The Bangladesh Investment Development Authority hailed the deal, saying this is the biggest-ever foreign direct investment in the private sector.

According to Progga, each year, about 160,000 people of Bangladesh die of diseases caused by tobacco use.