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FTA urges Bangladesh to cooperate with EU, ILO
Brussels-based Foreign Trade Association (FTA), which represents trade interests of European retailers, brands and importers, has written to Bangladesh Prime Minister Sheikh Hasina urging her country to cooperate with international bodies, such as the European Union (EU) and the International Labour Organization (ILO), in tackling outstanding labour issues, Fibre2Fashion reported.
Due to pressure from the EU, ILO and other stakeholders regarding the lack of respect for fundamental human and labour rights in Bangladesh, especially the right of freedom of association, uncertainty has been rising among European apparel companies that are chalking out their future sourcing strategy at present, FTA director general Christian Ewert wrote in a July letter, the report added.
Western retailers urge Hasina to address labour issues
The Foreign Trade Association, a Brussels-based organisation of global retailers, sent a letter to Prime Minister Sheikh Hasina urging her to settle the outstanding labour issues in the country, the Daily Star reported.
“The European Union, Bangladesh’s largest trading partner, is highly concerned about the respect of fundamental human and labour rights in your country,” the report quoted the organization as saying.
Japanese businesses keen to invest in Bangladesh
Japanese businesses have keen interest to invest in Bangladesh as they have got rid of the fear in the wake of terrorist attack on Holey Artisan Bakery in 2016, speakers said at a press briefing on Tuesday, Dhaka Tribune reported.
Bangladesh Investment Development Authority organised the press briefing at a city hotel to apprise the media of the outcome of Bangladeshi high-profile business delegation’s visit to Singapore where they attended a Business-to-Business (B2B) Conference with Japanese businesses, the report added.