by Apparel Resources News-Desk
02-February-2019 | 1 min read
To drive home the message of better price so as to attain higher compliance standards, which is increasingly becoming the order of the day, Bangladesh has called upon the global buyers to pay fair price for apparel products that they source from here to help the garment industry achieve higher compliance levels.
“Bangladesh’s RMG sector needs fair pricing so that the apparel industries can fully comply with higher standard…For ensuring the higher standard, which is a major challenge, the RMG sector needs to be paid more. 85 per cent of the garment factories in Bangladesh have already met the international standard, as assessed by Accord and Alliance — the two international organisations of major global retailers.” – Saida Muna Tasneem, Bangladesh High Commissioner to the United Kingdom
Tasneem said this while delivering a speech at the National Assembly for Wales in Cardiff as part of the discussion on a study titled “Bangladesh- a golden journey to development”, recently. The event was attended by deputy ministers and assembly members of Wales, British-Bangladeshi academics, politicians, development activists and community leaders.
It may be mentioned here that fair pricing has been a major and long-standing demand of the apparel makers from Bangladesh, who are forced to handle rising overheads, compounded further by the recent hike in workers’ minimum wage, amounting to almost 50 per cent increase.