The issue of fair pricing for RMG products in Bangladesh got a renewed thrust when the country’s Commerce Minister sought help from the International Labour Organisation (ILO) to ensure that apparel makers of Bangladesh get the due price for their offerings.
As per media reports, Commerce Minister Tipu Munshi during his recent view exchange meeting with ILO Country Director Tuomo Poutiainen called upon ILO to play a role in the logical price hike for Bangladesh’s readymade garment items.
The minister during his meeting reportedly underlined that the need of fair pricing has become even more important considering the fact that entrepreneurs have spent huge amount of money for modernization and safety work in RMG factories adding to which is the implementation of new wages, which have pushed the expenditure further.
“But buyers of RMG items do not increase the price in accordance with it,” reportedly maintained Bangladesh Commerce Minister Tipu Munshi.
Further expressing his gratitude to the ILO, Munshi reportedly said Bangladesh has got ILO’s cooperation and would continue to work in future with ILO in response to which the ILO Country Director reportedly observed that Bangladesh’s labour-oriented industry has attained visible development and expressed hope that this progress would continue in future.