Home / Knowledge / News / Apparel/Garments / Global RMG buyers now positive about Bangladesh: Minister
Global RMG buyers now positive about Bangladesh: Minister
28
May '14
Global buyers of readymade garments (RMG) are now positive about Bangladesh, Commerce Minister Tofail Ahmed has said.
 
Speaking at a joint press conference with the visiting Dutch Minister for Foreign Trade and Development Cooperation Lilianne Ploumen, Mr. Ahmed said many countries like Argentina, Brazil, Chile and Japan are showing keen interest in doing business with Bangladesh, particularly in the RMG sector, which is good news.
 
He said the globally RMG buyers have started rethinking of Bangladesh because of the progress made in the garment sector over the past one year. He added that the negative picture created among owners of international brands and retailers following the Rana Plaza collapse last year has now started changing.
 
Ms. Ploumen agreed that many initiatives were taken by the Bangladesh Government in the last one year, but she stressed that those would have to be sustainable.
 
She said all export-oriented garment manufacturing units across Bangladesh must be inspected and the public database on apparel units should be made more transparent and with more details. She urged the Bangladesh Government to quickly complete the task of recruiting 200 factory inspectors.
 
Mr. Ahmed said around 1,500 garment factories have already been inspected and only 19 of these have been referred to a review panel, which shows that the number is below the global average of 2 percent.
 
He informed that the Government has already removed tariffs on the import of fire and structural safety equipment. He added that the Government has so far recruited 25 factory inspectors and it is working on a priority basis to employ the remaining inspectors.
 
Earlier, Bangladesh and the Netherlands issued a joint statement in which both the countries agreed to work together towards realization of a safer, sustainable and more-efficient apparel sector in Bangladesh.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 29th Jun 2016

Bangladesh revises tax at source on RMG down to 0.7%

Following requests made by trade bodies, the Bangladesh government...

AEPC chairman Ashok G Rajani speaking at the press conference. Courtesy: AEPC

Apparel/Garments | On 29th Jun 2016

Apparel sector pledges Rs 623cr investment post package

The apparel sector is buoyant after the recent announcement of Rs...

Apparel/Garments | On 29th Jun 2016

India’s apparel exports may touch $20bn in FY17: CMAI

The value of clothing exports from India is likely to touch $20...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silvia Venturini Fendi
Fendi s.r.l

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search