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Uphold reputation of Bangladesh garment sector: PM

07 Dec '12
2 min read

It is the duty of all the stakeholders to preserve the reputation of the country’s apparel industry, Bangladesh Prime Minister Sheikh Hasina said while reiterating her Government’s assurance of extending all possible help for ensuring workplace safety.
 
In her inaugural speech at a two-day international conference on ‘Positioning Bangladesh: Branding for Bangladesh’ she said Bangladeshi apparel industry has earned international acclamation through public-private initiatives and it is the duty of everyone including owners, staff and workers, to help the industry to uphold this reputation. 
 
Even a small negligence or fault can cost the industry its hard earned reputation, she said, and added that the employers, employees and workers – all need to remain alert to avert any unfortunate incidences like the recent fire at Ashulia factory where several workers lost their lives. No compromises can be made on this front, she added.
 
She said it is very much important for the country to uphold its international reputation to prosper, and this greatly depends on its relation, trade and other ties with other countries. 
 
Developing multilateral ties with other neighbouring countries can significantly boost Bangladesh’s economic activities and can also help the country to become a centre for economic activities in the South Asian region.
 
Bangladesh is one of the world’s most luring investment destinations and her Government has taken proper steps to ensure accountability, transparency and rule of law, the Prime Minister said.
 
Noting that the country attracted foreign investment worth US$ 10.13 billion during 2011, Ms. Hasina said her Government will set up six Special Economic Zones to attract further overseas investment.
 
She further said that Bangladesh earned around US$ 24 billion from exports to 190 countries during 2011 and the Government has set a target of achieving exports worth US$ 91 billion by 2021, besides achieving product diversification.
 

Fibre2fashion News Desk - India

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