Home / Knowledge / News / Apparel/Garments / RMG sector pleads for a ethical buying practice
RMG sector pleads for a ethical buying practice
02
Jul '08
In a bid to make the readymade garment (RMG) sector of Bangladesh more competitive in the global market, domestic exporters urged foreign buyers to follow a more ethical buying practice.

A two day Multi-stakeholders Forum - Bangladesh (MFB) was held in Dhaka from June 28 to 29 which kick started with the slogan 'Building Responsible Competitiveness: Bangladesh in the Global Market Place'.

Official sources from Bangladesh Knitwear Manufacturers Association (BKMEA) confirmed Fibre2fashion, “Joint meeting between MFB and Multi-Fibre Arrangement (MFA, a UK based organization) resulted in round table talks, working group discussion on purchasing practices, updates on current labor situation, and working group discussion on macro economic factors which are affecting the Bangladeshi RMG. Besides, Mr Paul Dearman, trading law and technical manager of Tesco, a leading buyer acted as one of the key participants of the program.”

Additionally, the source also divulged that MFB is working since 2007 for developing ethical buying practices, productivity improvement, and social compliance in the RMG sector of Bangladesh.

Mr Fazlul Hoque, President of BKMEA chaired the MFB forum and stated during a press conference after the first day session that recurrent cuts in garment making charges by international buyers is eroding the profitability of the entrepreneurs. He also asserted that the association wanted an increase in prices from the buyers end, not only for their profits but also for the benefit of the workers.

A detailed study of the previous year shows that despite an increase in the production cost of around 15 percent, producers failed to pass on the higher costs to the buyer because of stiff international competition. In fact, unit garment prices have fallen by about 1.5 percent in the past one year.

It is hoped that the forum came up with viable solution to the ongoing problem faced by the RMG sector because unless the trading practices are just, one of the two countries would always be on the losing side.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Pranav Mishra
Huemn

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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