Amidst reports emerging almost every other day of how western buyers are cancelling work orders and refusing to pay their vendors, the apex garment makers’ body in the country, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has taken up the cudgels on behalf of the vendors and embraced a multi-pronged approach to make sure buyers pay the suppliers!
If on one hand it is working closely with the Government and its overseas missions to initiate discussions with buyers from the respective countries, on the other BGMEA is now engaging with global rights groups like the International Labour Organisation (ILO), the Human Rights Watch, Workers Rights Consortium, etc., to make sure that the vendors don’t have to count loss due to the buyers.
We have taken all-out steps to reengage the buyers in discussions and are also working closely with international partners and academia to support our manufacturers and workers by building a global opinion, underlined BGMEA President Dr. Rubana Huq speaking to the media recently, adding further that the garment makers’ body is discussing with factories to re-assess and figure out latest status of order cancellations and how brands and retailers are reengaging with their vendors.
Further to safeguard the factories and the garment workers in these trying times, the BGMEA has called upon factories to be conservative while dealing with the buyers, do due diligence and check their financial status while also demanding for inclusive solutions like ‘credit guarantee scheme’ to prevent bankruptcy and factory closures.
“We would also need to formulate our own policies and have a standard operating procedure in place while being exposed to bankrupt buyers,” Dr. Rubana added further.