Skip to main content
NTv Online

Business

Business
  • Budget
  • Economy
  • Industry
  • Markets
  • More
  • Service
  • Tech
  • Bangla Version
  • Archive
  • Bangladesh
  • World
  • Sports
  • Entertainment
  • Business
  • Comment
  • Education
  • Life
  • Health
  • Art & Culture
  • Election
  • বাংলা
  • Bangladesh
  • World
  • Sports
  • Entertainment
  • Business
  • Comment
  • Education
  • Life
  • Health
  • Art & Culture
  • Election
  • বাংলা
  • Bangla Version
  • Archive
Follow
  • Business
UNB
20 May, 2017, 20:13
Update: 20 May, 2017, 20:13
More News
Go back to work, BGMEA requests garment workers
As Trump pulls out of Iran deal, Asia grapples with impact on oil supplies
Bangladesh’s second tea auction centre in Moulvibazar
BBML signs loan agreement with DEG for USD 15M
Alibaba’s Singles’ Day fest sale hits $25bn

Private initiatives encouraged for safer RMG factories

UNB
20 May, 2017, 20:13
Update: 20 May, 2017, 20:13

Dhaka: The partners of the Sustainability Compact have encouraged private initiatives to remain engaged with the government and renew their commitments to work for safer RMG factories in Bangladesh during the coming years.

Recognising the critical role that the RMG sector plays in the country's development, they expressed their continued commitment to the people of Bangladesh, including through supporting responsible business conduct.

The initiative, called Bangladesh Sustainability Compact, was born in the aftermath of the tragic factory collapse in 2013 which claimed 1,129 lives.

The 'joint conclusions' shared by the European Commission (Trade) on recently held third follow-up meeting on the Sustainability Compact mentioned that the Compact partners took note the government of Bangladesh's planned strategies to achieve the goals of the compact and will continue to review and assess progress together in the coming years.

The partners of the Sustainability Compact are the government of Bangladesh, the European Union (EU), the United States of America (USA), Canada, and the International Labour Organisation (ILO).

The partners recognised the urgent need to begin inclusive consultations towards the amendment of the Bangladesh Labour Act (BLA) and associated regulations to address the conclusions and recommendations of the ILO's supervisory bodies.

They noted that the draft EPZ labor law has been withdrawn for further review and the Tripartite Consultative Council (TCC) tasked with proposing reforms to the BLA.

They reaffirmed the need to ensure that workers in the EPZs enjoy freedom of association and collective bargaining rights, according to the European Commission document seen by UNB.

The partners recognised the urgent need for promoting responsible business conduct (RBC). They encourage brands and retailers to adopt RBC practices and a uniform code of conduct for factory audits in Bangladesh.

They agreed on the need for the National Initiative, the Accord, and the Alliance to commence where not started and advance remediation work.

The meeting held here on May 18 recognised progress made in several areas of the Compact including recent increase in trade union registrations in Dhaka Division and work towards the development of standard operating procedures (SOPs) to better process applications for trade union registration.

They also noted the introduction of the concept of workplace cooperation and building a culture of occupational safety and health.

The partners stressed that adequate protection against acts of anti-union discrimination is amongst the main element of a conducive and enabling environment for freedom of association and collective bargaining.

The stakeholders also stressed that criminal complaints pending against the social partners concerned need to be reviewed urgently to ensure due process of law.

Most Read
  1. Rely on your refrigerator even during power outage
  2. ‘SpaceMax’ with Samsung Side-by-Side refrigerators
  3. Samsung’s TV Lineup to uplift entertainment and sports experience
  4. The season for TV entertainment is back
  5. Samsung launched exclusive campaign titled “Big TV Days”
  6. Succession replacement required to achieve organizational goal
Most Read
  1. Rely on your refrigerator even during power outage
  2. ‘SpaceMax’ with Samsung Side-by-Side refrigerators
  3. Samsung’s TV Lineup to uplift entertainment and sports experience
  4. The season for TV entertainment is back
  5. Samsung launched exclusive campaign titled “Big TV Days”
  6. Succession replacement required to achieve organizational goal

Follow Us

Alhaj Mohammad Mosaddak Ali

Chairman & Managing Director

NTV Online, BSEC Building (Level-8), 102 Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka-1215 Telephone: +880255012281 up to 5, Fax: +880255012286 up to 7

Browse by Category

  • About NTV
  • NTV Programmes
  • Advertisement
  • Web Mail
  • NTV FTV
  • Satellite Downlink
  • Europe Subscription
  • USA Subscription
  • Privacy Policy
  • Terms & Conditions
  • Contact

Our Newsletter

To stay on top of the ever-changing world of business, subscribe now to our newsletters.

* We hate spam as much as you do

Alhaj Mohammad Mosaddak Ali

Chairman & Managing Director

NTV Online, BSEC Building (Level-8), 102 Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka-1215 Telephone: +880255012281 up to 5, Fax: +880255012286 up to 7

Reproduction of any content, news or article published on this website is strictly prohibited. All rights reserved