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The global fashion business journal

Mar 19, 20243:51am

Bangladesh completes signing of the new Accord

The Steering Committee of the Accord on Fire and Building Safety in Bangladesh (Accord) and the Bangladesh Garment Manufacturers Export Association (Bgmea) signed an agreement over the transition of Accord’s responsibility to the RSC.

Jan 15, 2020 — 8:02pm
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Bangladesh completes the signing of the new accord

 

 

Bangladesh completes the signing of the new Accord. The Steering Committee of the Accord on Fire and Building Safety in Bangladesh (Accord) and the Bangladesh Garment Manufacturers Export Association (Bgmea) signed an agreement over the transition of Accord’s responsibility to the RSC, which will replace the Accord’s factory safety and remediation efforts.

 

The objective of the agreement is to implement safety measures in the country’s factories. The RSC will be governed by a board of directors consisting of an equal number of representatives from industry, trade unions and brands. The agreement will work within the regulatory framework of the laws of Bangladesh and will have all the inspections and measures that the Accord. 

 

 

 

 

This is one of the final stages of the implementation of the RSC, which equally has the support of large-scale European groups. The platform has been created following the controversy over the viability of the Accord after its activity period ended in May 2018. Accord wanted to extend its stay for three more years, but the government opposed, as a result, it to matters it took matters to court.

 

Finally, last May, the court gave the green light to the Accord for twelve more months, allowing negotiations to continue between the governments, syndicates, and factories to complete the actions in terms of safety.

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