DHAKA
Bangladesh’s interim authorities “will not tolerate” disruptions to its very important garment export business, chief Muhammad Yunus mentioned on Aug.18 throughout his first main coverage deal with since taking workplace 10 days in the past.
“We can’t tolerate any try to disrupt the worldwide clothes provide chain, through which we’re a key participant,” he mentioned.
Yunus was talking at an meeting of diplomats and U.N. company representatives within the capital Dhaka to set out the priorities of his caretaker administration.
Yunus, 84, returned from Europe this month after a student-led revolution to take up the monumental process of steering democratic reforms in a rustic riven by institutional decay.
His predecessor Sheikh Hasina, 76, had abruptly fled the nation days earlier by helicopter after 15 years of iron-fisted rule.
The weeks of unrest and mass protests that toppled Hasina additionally noticed widespread disruption to the nation’s linchpin textile business, with suppliers shifting orders overseas.
Bangladesh’s 3,500 garment factories account for round 85 % of its $55 billion in annual exports.
Supplying lots of the world’s high manufacturers, together with Levi’s, Zara and H&M, Bangladesh is the world’s second greatest exporter of clothes by worth after China.
1000’s of garment manufacturing unit staff clashed with police late final yr throughout a marketing campaign for a minimal month-to-month wage price $195, up from the $70 set by the federal government in 2018.
