Complaince

2,149 views

Published on

Complaince

1 Comment
1 Like
Statistics
Notes
No Downloads
Views
Total views
2,149
On SlideShare
0
From Embeds
0
Number of Embeds
10
Actions
Shares
0
Downloads
0
Comments
1
Likes
1
Embeds 0
No embeds

No notes for slide

Complaince

  1. 1. compliance in Bangladesh<br />RMG<br />
  2. 2. Overview<br /> Today Bangladesh has successfully established herself as a prominent apparel / textile in the globe textile trade. The country has accumulated export earning from few millions to billions dollar over a period of one and half decade time. Over 1.8 millions workforces are directly employed to this sector, 80% of whom are women. The vibrant growth has been possible due to quota restriction in the USA.<br />
  3. 3. Objective<br /> The aim is to improve the workplace experience and life opportunities of workers in RMG/Textile sector. Buyers, demand not only the quality product but also they expect the suppliers to be socially compliant. They demeaned that minimum labor standards, occupational safety measures and other environmental concerns are properly addressed by the suppliers. As a result compliant issue has come out as a major concern to RMG. All buyers setting different condition ”Code Of Conduct” as pre condition to secure order. Before confirming export, importers are pressing RMG exporters to ensure that these exporters are in a state of situation to comply with these “COC”, briefly known as compliance.<br />
  4. 4. Compliance Namely<br />1. Social Compliance: <br />2. Technical Compliance: <br />3. Country of Origin/Illegal Trans-shipment: <br />4. C-TPAT:<br />
  5. 5. Business Issues<br />To help the RMG exporters being socially complaint, in July 2005 the ministry of commerce has formed a high power social compliance forum of RMG headed by honorable commerce minister, all related stakeholder association (BGMEA, BKMEA, BTTLMEA, workers association, NGO, buyers group etc). The forum acted as a guiding the authority on compliance issue in RMG, since its establishment. Main issue was Human Rights and Corporate Social Responsibility requirements. <br />
  6. 6. Conclusion<br /> The scope of world trading system, both in its depth and breadth was deepened and broadened by inclusion of a number of areas during time to have important ramifications for the RMG. Sustainable development on the one hand, profitable projects on the other hand this should be a motto of compliance of RMG sector. Though these issues are very fundamental as far as the workers interest is concerned but as the same time this are very capital intensive for implementation. However, the path is not always easy – often, commitment is complicated by national legislation, by the social, ethnic and religious environment, or disregard by entrepreneurs locally of fundamental human rights. However, the BGMEA on its own needs also to engage in immediate negotiations with the buyers to settle these issues finally.<br />
  7. 7. Mohammed Omar Faruk Cell no: 01911310362<br />Thank You<br />

×