Tuesday, June 25, 2024
HomeNews & ViewsAll exported RMG products to be used "Bangladesh-e Toiri" tag from 1 Jan, 2024

All exported RMG products to be used “Bangladesh-e Toiri” tag from 1 Jan, 2024

News Desk: Bangladesh-e Toiri’ tag will be used for all RMG products manufactured in Bangladesh in their label in Bengali from 1 January 2024, said BGMEA President Faruque Hassan. He also said that they are working on putting the “Bangladesh-e Toiri” tag in Bengali in the export products along with the existing “Made in Bangladesh” tag. 

BGMEA President RMG

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) also wants a change to the Bangladesh EPZ Labour Act in order to guarantee trade union and other rights of the workers, which are also a major demand of the US and European Union (EU) authorities.

The apex body for the garment industry also believes that all sectors should have rights that are equal, and BGMEA is dedicated to upholding workers due diligence and human rights. 

BGMEA President Faruque Hassan revealed it while responding to questions from the journalists at a press conference held today at its office in the capital. 

“We believe that workers have rights to form trade union in everywhere, but problem is the foreign investors, who invest in the Export Promotion Zones (EPZs), they don’t want this,” he added.

In response to a question, Faruque Hassan said that Bangladesh would continue to benefit from Generalised System of Preferences (GSP) treatment from the EU, the UK, and other nations until 2029 due to its graduation from the Least Developed Countries (LDC) category (LDCs). 

However, the top body is aiming to extend it, at least through 2032, and the government is supporting their initiative as well.

They already have held meeting with the World Trade Organization (WTO) Director General, the EU’s senior officials, and the UK’s appropriate authority in this regard. Moreover, global economic turmoil, inflationary pressures have curtailed the purchasing capacity and the buyers have changed their sourcing pattern.

“Currently, they place orders in small slots which are hampering the production planning,” he added.

The BGMEA president said that Bangladesh has a huge potentiality in the circular economy, especially recycle textile waste. “BGMEA is looking for foreign investors in the area, and that is why they are seeking government policy support,” 

BGMEA Vice-President Md Nasir Uddin; Chairman of BGMEA PR and Publicity and Sparrow Group Managing Shovon Islam, JFK Fashion Managing Director M Kafil Uddin Ahmed were also present at the press conference.

Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox

- Advertisement - spot_img

Join Our Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
Sign Me Up
- Industry Associate - spot_img

Upcoming Events

Simillar News

Recent Random

Fashion for Good Museum Shares its Legacy and Embarks on a New Phase

The Fashion for Good Museum publishes its legacy document. A testament to its transformative journey, the report was prompted by the museum’s closure on...

Target to Roll Out Transformative GenAI Technology to its Store Team Members Chainwide

Retailer's new GenAI-powered chatbot, Store Companion, is designed to make team members' jobs easier and enhance the shopping experience The tool is scheduled to roll...

From laboratory to label: the chemistry between production and catwalks is finally right

bluesign and SCTI donate the pioneering Sustainable Chemistry Index (SCI) Methodology to ZDHC aiming to advance sustainable chemistry within the textile industry.The textile industry...
Get hand picked industry updates delivered straight to your inbox
Sign Me Up

Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox