"Bangladesh calls for global due diligence laws to aid apparel sector"

BGMEA president Faruque Hassan discussed the need for due diligence laws to be global and accepted everywhere during a recent round table discussion on “Due Diligence Laws” organised by the International Business Forum of Bangladesh (IBFB) in Dhaka on 23 January.

Hassan highlighted the challenges faced by manufacturers and said: “On one hand, it is increasing the cost of compliance for the manufacturers. Along with that, factories vary in terms of cost competitiveness and capacity levels, which is making it more difficult for them to comply with several legislations while it can be done in a universal way.”

Hassan added: “The goal we want to achieve through implementing due diligence law is universal and desired by all. So, the legislation should be something that is truly global and accepted in all places which is not the case we are witnessing.”

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