Bangladesh seeks G7 support in ensuring fair RMG prices

13 Mar '15

1 min read

The Bangladesh government has sought support from G7 countries in ensuring fair prices for its readymade garments (RMG) and to build sustainable garment supply chain.

Addressing the G7 stakeholders’ consultation on developing sustainable global supply chain in Berlin, Germany, commerce minister Tofail Ahmed urged the G7 nations to impress upon the global brands and retailers to uphold fairness in determination of prices of RMG within a sustainable global supply chain.

Ahmed said the textiles and garment industry in Bangladesh has grown over the decades complying with several international social and environmental standards.

According to an official media release, the commerce minister informed the German leaders and G7 stakeholders about the many policy, legislative, regulatory, and administrative changes brought about by the Bangladesh government over the past two years.

Assuring the meeting that Bangladesh is fully compatible and safe to source manufactured goods for developed world markets, the minister said the government is committed to continue with necessary changes, as was agreed within the 'Bangladesh Sustainability Compact'.

The G7 summit, scheduled later this year, is expected to give priority to the issue of developing standards for a sustainable global supply chain and decent work. (RKS)

Fibre2fashion News Desk - India

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