“Last year, Bangladesh Prime Minister Sheikh Hasina announced that her vision for the Bangladesh ready-made garment (RMG) sector was to reach $50bn in exports by 2021. It is an important and ambitious goal for a nation that has worked hard to develop a brighter economic future. With the RMG sector accounting for 81 per cent of Bangladesh’s overall exports, reaching such a milestone could help the nation substantially reduce poverty and strengthen economic outcomes for millions of people.
“Transforming industries and economies requires dedication and commitment from numerous stakeholders, ranging from the government to the private sector. That’s why the Alliance for Bangladesh Worker Safety and the Accord on Fire and Building Safety in Bangladesh—two coalitions of brands that source garments from Bangladesh—have undertaken an enormous and unprecedented effort to inspect every factory from which their members source, and to ensure that safety issues are thoroughly addressed.”
Read the full op-ed on ft.com: Triumph over tragedy: reimagining Bangladesh’s ready-made garment industry