Partners of ‘Bangladesh Sustainability Compact’ sat more needs to be done in ensuring labour rights and trade union rights to overhaul the sector as it faced a severe blow because of Rana Plaza collapse in 2013. During the second follow-up meeting of the Sustanablitiy Compact in Dhaka, they also acknowledged the importance of brands and retailers to adopt practices that promote responsible business conduct in global supply chains, and encouraged them to adopt an uniform code of conduct for factory audits in Bangladesh.
Sustainability Compact is a partnership between the Bangladesh government, the European Union, the United States and ILO, to take the stock of progress in its implementation since its last meeting. The partners recognised further the progress made by Bangladesh since the last follow-up meeting towards meaningful and sustainable changes in the RMG industry in Bangladesh, said a joint statement issued after the meeting.
The meeting appreciated the recent promulgation of implementing rules under the Bangladesh Labour Act, the near completion of initial safety audits by the government and hundreds of RMG factories, the launch of ‘Better Work Bangladesh’ programme with ILO/IFC and the continuation of efforts to improve the capacity of the some organisations like DIFE, Fire Service and Civil Defence Department, Rajuk, through increase in staff and budgetary allocations.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
From cotton to MMF cost equation is rewriting global textile trade
The global textile and apparel trade has grown from $560 billion in 2006 to $914 billion in 2025, reveals the... Read more
Polyethylene stretch yarn challenges elastane’s hold on activewear
The global activewear, denim and intimate apparel markets have built a substantial business around stretch. But the same fibre combinations... Read more
Automation Meets Italian Design: FFI Srl unveils ‘Next-Gen Robotics’ to help bra…
At the recently concluded autumn edition of Ready to Show inside Hall 10 at Fiera Milano-Rho—staged alongside the Milano Fashion... Read more
From Dhaka to Milan: Mascom Composite backs Southern Europe’s sports and lifesty…
While the trade floor of Ready to Show Milano inside Hall 10 at Fiera Milano-Rho placed a heavy spotlight on... Read more
How surging silver prices are reshaping ‘Mid-Tier’ fashion jewellery
Escalating global bullion volatility and raw material pricing pressures are forcing a fundamental reassessment across the mid-tier fashion jewellery trade.... Read more
Milano Fashion & Jewels: How ‘Re-Engineered’ heritage crafts are driving hig…
A counter-movement against industrial uniformity is reshaping European bijouterie, transforming authentic craftsmanship into a powerful lever for high-margin boutique growth.... Read more
The "Total Look" Retail Revolution: The integration of jewellery, acce…
The conventional boundaries separating fashion jewellery, ready-to-wear and leather goods, have collapsed on the international retail floor. At the September... Read more
Why Rules of Origin could limit India’s FTA gains
India’s growing network of trade agreements promises lower tariffs and wider market access for its textile and apparel exporters. But... Read more
India-New Zealand FTA opens tariff-free route for textile exporters
The India-New Zealand Free Trade Agreement (FTA), which comes into force on October 20, 2026, creates a new tariff-free corridor... Read more
Virgin polyester drives global fibre output to record 139 mn tonnes
Global textile fibre production reached a record 139 million tonnes in 2025, up 5.3 per cent from 132 million tonnes... Read more











