The platform of European apparel buyers Accord on Fire and Building Safety in Bangladesh has reportedly sought a time period of 281 days (around 10 months) to hand over the monitoring of the safety and compliance progress to the Remediation Coordination Cell (RCC), as per recent media reports.
The buyers’ body reportedly put forth the extension request for transition and completing the remediation process, at a recent meeting with a Government-formed committee, which oversees settlement issues.
However, industry insiders are of the opinion that considering the remediation progress made so far, Accord should not need 10 more months to complete the remaining work.
“In reaching a consensus, the Government has formed a committee and it is working to resolve the issues. As the apex trade body of the apparel sector, we want an amicable settlement. Considering the present status of remediation, the Accord needs a maximum of six months to complete the remediation of the factories.” – Siddiqur Rahman, President, Bangladesh Garment Manufacturers and Exporters Association (BGMEA)
As per the latest data of the Accord, 89% initial remediation have reportedly been completed, while 197 factories completed the initial remediation and over 90% remediation at 996 factories are done.