The EU Ambassador to Bangladesh, Rensje Teerink, recently underlined that Bangladesh is well on track to graduate from the UN’s least developed country (LDC) grouping as the country’s economy grew by more than 4 per cent, compared to the regional average of about 2 per cent even as the EU has offered to help Bangladesh to diversify its export basket, upskill workers while also promote decent work.
It may be mentioned here that the EU with its member states recently launched the ‘Team Europe Initiative on Decent Work’, promising to create an improved environment and quality jobs.
The challenge now is to sustain the growth and make it inclusive, reportedly, underlined Rensje while speaking at the launch of the initiative and screening of Meenalap (a local production), at the Bangladesh-European Union Film Festival while adding that the objective of Team Europe is to combine resources from the EU, like-minded European countries, EU’s member states and financial institutions to make a difference, and to support the strengthening of Bangladesh’s economy by working for more and better jobs while also underlining that enhancing productivity and skills training are other areas that need to be focused on.
Meanwhile, Ambassador of Netherlands to Bangladesh Harry Verweij on his part, reportedly, stated that Bangladesh’s graduation from an LDC brings both challenges and opportunities while adding ensuring decent work for all locals thus becomes a necessity for Bangladesh to solidify relations with the EU and Team Europe could help in the same.
The Dutch envoy further, reportedly, added that Netherlands would soon launch an injury insurance scheme for Bangladesh apparel workers that could have a rippling impact in improving labour rights.