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RMG Industry in Bangladesh

Top Japanese retailer signs safety accord

Staff Correspondent
Japanese retail giant Fast Retailing, owning company of clothing brand Uniqlo, has signed an accord to ensure safety of garment workers in the country.
The Accord on Fire and Building safety in Bangladesh, initiated by IndustriALL Global Union and UNI Global Union, has already been signed by more than 85 retailers and brands since the Rana Plaza building collapse in Savar on April 24, which killed at least 1,132 workers.
The accord provides for safeguarding garment workers against building collapse and fire and using funds given by its signatories. Besides, under the
FROM PAGE 16 agreement, plans have been drawn out to survey all factories to identify risks within the next two years and subsequently carry out reforms to improve working conditions, Fast Retailing said in a statement issued on August 8.
Fast Retailing on May 27 began its own investigation into fire and building safety at the factories of its manufacturing part-ners in Bangladesh, according to the statement.
It has already completed the probe, working with an independent third party and the findings are likely to be unveiled by November 2013, it says.
Witnessing the opportunities of business, Fast Retailing opened two outlets in Dhaka with the brand name Grameen UNIQLO in July under the social business model.
Meanwhile, IndustriALL Global Union in another statement said two meetings, scheduled to be held on August 11 and 12 on com-
pensating victims and their families for their losses in the November 2012 Tazreen fire and Rana Plaza collapse, had been postponed until September.
The meetings were supposed to take place in Dhaka to put together a full and fair compensation package. But now the meetings will be held in Geneva in September. The exact date has yet to be decided, the statement says.
"With the sudden illness of a key union official and a strike threat in Bangladesh, we feel that the meetings will be more fruitful at a later date," says IndustriALL General Secretary Jyrki Raina.
"All major brands and signatories are invited and we are expecting a high level of attendance."
The estimated longterm compensations to the victims of the Rana Plaza collapse amount to more than 54 million euros ($71 million). For the Tazreen fire, the figure is 4.3 million euros ($5.7 million), according to the statement.