Home / Knowledge / News / Apparel/Garments / Bangladesh FM urges OECD to stay engaged with RMG sector
Bangladesh FM urges OECD to stay engaged with RMG sector
Jun '13
Ms. Dipu Moni
Ms. Dipu Moni
Bangladesh Foreign Minister Dipu Moni has requested the Organization for Economic Cooperation and Development (OECD) to stay engaged with the country’s readymade garment (RMG) sector, as it is the main source of foreign exchange for the country. 
Delivering the inaugural address at the first OECD Global Forum on Responsible Business at the OECD headquarters in Paris, Ms. Moni said the global retailers and multi-national brands need to engage with Bangladesh readymade clothing, confirming to the OECD Guidelines for Multinational Enterprises (MNEs).
The Minister listed the measures taken by the Bangladesh Government and the industry for improving the overall working conditions after the Savar factory collapse that killed over 1,100 people, Daily Sun reported.
She explained the institutional and legal changes that are being made by the Government, including the proposed amendments to the Labour Law.
She also raised the issues of fair pricing of apparel and sought OECD support for long-term capacity building in the country’s garment sector.
The Bangladesh Government has already placed a bill in the Parliament to amend the Bangladesh Labour Law 2006 and it is now being scrutinized by a Parliamentary standing committee.
Speaking a day earlier in the Parliament, Prime Minister Sheikh Hasina said an 11-member Cabinet Committee on Garment Industry headed by the Minister of Labor and Employment has been formed for maintaining a stable situation and reviewing the situation regularly and providing guidelines.
She added that two taskforces relating to 'expansion of garment industry and simplification' and 'garment industry building and fire- safety' have been constituted by the Government.
In addition, the Government has formed the Wage Board for revising the minimum wages for the garment workers.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Apr 2017

Boohoo's revenue increases 51% to reach £294.6 mn

Fashion e-commerce marketplace Boohoo has recorded a 51 per cent...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Apparel/Garments | On 27th Apr 2017

Amazon catching up with Flipkart in India: RedSeer

Online marketplace Amazon India has caught up with its biggest rival...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search