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10 Jul 2013

Richard Smallteacher, CorpWatch Blog

Rival Safety Agreements for Bangladesh Garment Factories Announced

Two rival agreements that aim to improve safety in Bangladeshi garment factories are to be launched this week. The Accord on Fire and Building Safety in Bangladesh’s Garment Industry was launched Monday while the Alliance for Bangladesh Worker Safety is expected to launch Wednesday. The first is backed by a group of 75 retailers, mostly from Europe and the second is led by major U.S. retailers Gap and Walmart. While the first is legally binding, the second is voluntary. The two agreements come 11 weeks after Rana Plaza, a building that housed five garment factories, collapsed in Bangladesh on April 24 leaving some 1,129 dead.