US brands
BGMEA President calls for fair prices from US buyers
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has urged the US brands and retailers to be more rational in pricing in order to build a secured global market where workplace and jobs will be safer and more sustainable.
He urged the US government to consider reducing duty on apparel products from Bangladesh.
The BGMEA President called on US businessmen and non-resident Bangladeshis living in the US to explore investment opportunities in textile industries in Bangladesh, particularly in the non-cotton segment.
He made the call while addressing a roundtable titled "Seven years after Rana Plaza: Who is doing what?" organised by the Bangladesh Embassy in Washington DC recently, said a BGMEA media release.
Read:BGMEA urges AAFA to promote Bangladesh’s business interests in US market
“Our factories are increasingly investing money for safety and sustainability. Besides, production cost has gone up by more than 30% in last five years. On the contrary, the price of our apparel is declining every year," said the BGMEA chief.
While it is a fact that in a free market economy price cannot be dictated, but nobody can justify a lower price to produce socially fair goods, he said.
“It is the collaboration and partnership between brands and our suppliers that has helped us to achieve tremendous growth so far and future cooperation and partnership will help us to maintain this,” Faruque Hassan added.
In his address at the roundtable Bangladesh Ambassador to the United States M Shahidul Islam highlighted the measures and initiatives taken by the government of Bangladesh to support the RMG industry in ensuring workplace safety and the welfare of garment workers in Bangladesh.
Senior US government officials including Christopher Wilson, Assistant US Trade Representative for South Asia; William Jackson, Assistant USTR for Textiles, and Jennifer Larson, Director for South and Central Asia of the US Department of State; Maureen Haggard, Director for Democracy, Human Rights and Labour of the US Department of State; former Bangladeshi diplomat Farooq Sobhan, BGMEA Vice President Miran Ali, Ambassador Teresita Schaffer from the McLarty Associates, representatives of US-Bangladesh Business Council, American Apparel and Footwear Association, Walmart, Target, as well as senior officials of the Bangladesh Embassy participated in the roundtable.
Read: BGMEA, USGBC keen to promote green growth in Bangladesh
BGMEA President Faruque Hassan briefed the US Government and relevant stakeholders about how the readymade garment industry of Bangladesh has undergone massive transformation over the last few years to become one of the safest industries in the world and have the highest number of green garment factories across the globe.
He apprised the participants of the steps and measures taken by the industry to ensure workers’ wellbeing.
The BGMEA chief stressed the need for a unified code of conduct as multiple audits are not only waste of time and money, but also the audit fatigue makes compliance difficult for enterprises.
3 years ago
BGMEA urges AAFA to promote Bangladesh’s business interests in US market
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Faruque Hassan has urged the American Apparel and Footwear Association (AAFA) to promote Bangladesh as the safe and sustainable apparel-sourcing destination among its members.
He also encouraged them to source more garments including non-cotton items from Bangladesh.
Read:BGMEA, USGBC keen to promote green growth in Bangladesh
BGMEA President Faruque Hassan and Vice President Miran Ali met with Stephen Lamar, President and CEO of the AAFA in Washington recently and discussed the issues, said the BGMEA on Sunday.
High officials of AAFA and other organizations were also present at the meeting.
They had discussions on various issues including how to enhance cooperation between BGMEA and AAFA to deepen mutual business engagement and explore areas of further collaboration.
BGMEA President Faruque Hassan highlighted the unprecedented strides made by Bangladesh's RMG industry over the years in safety, sustainability and social compliance, which have earned the sector global recognitions.
A recent survey report by Hong Kong-based supply chain compliance solutions provider, QIMA, ranked Bangladesh’s garment industry second in “Ethical Manufacturing."
Read: BGMEA, WRAP to join forces for Bangladesh's apparel market expansion
Apart from ensuring workplace safety, Bangladesh is the home of the highest number of green garment factories in the world.
The BGMEA chief highlighted the future prospects of the industry and stressed the importance of industry up-grading particularly in the areas of skills and efficiency enhancement, technological upgrading, and diversification of products, especially non-cotton.
Faruque Hassan welcomed investments from AAFA members in these areas, particularly in non-cotton and technical textiles and high-end apparel items.
He urged US brands and buyers to collaborate with their suppliers to build their capacities in manufacturing those apparel items which have demand in the US market.
Diversification of products is very important to ensure sustained growth of Bangladesh’s apparel industry.
Read: Remove derogatory comments about 'Made in Bangladesh' from French movie: BGMEA
The BGMEA President also talked about how Bangladesh’s RMG industry has been able to turn around by addressing unprecedented challenges caused by the COVID-19 pandemic.
He pointed out that production costs have increased while price has witnessed fall in the US market.
He urged for justified prices and sought the support of AAFA and their members to be more empathetic towards their supply chain partners to make the supply chain sustainable.
The AAFA expressed willingness in working closely with BGMEA to promote brand Bangladesh and business interests through their membership.
3 years ago