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Germany, Bangladesh Form Partnership for Sustainable Textiles

Germany and Bangladesh will partner to promote sustainable improvement in Bangladesh’s ready made garment industry.

During a visit to the low-wage nation, German Parliamentary State Secretary to the Federal Minister for Economic Cooperation and Development Hans-Joachim Fuchtel, said the European nation has already invested 10 million euro ($12.3 million) in the “Partnership for Sustainable Textiles” with Bangladesh, and has promised to provide an addition 6 million euro ($7.4 million) to the fund.

The partnership is designed to promote social, environmental and economic improvements in Bangladesh’s RMG sector.

According to United News of Bangladesh (UNB), four RMG companies have already joined the initiative including, DBL Group, Niagara Textiles, Saiham Knit Composite, and JMS Holdings.

The companies reportedly have a combined annual turnover of 580 million euro ($712 million), employ 35,000 workers, and have already collaborated with German organizations like the development agency and the development bank to improve standards in the country.

So far, during Germany’s cooperation with Bangladesh’s RMG facilities, 100,000 workers, factory managers and labor inspectors have been trained on safety standards in the sector.

“We strongly believe that these good examples will be followed by many more soon,” Fuchtel said during a signing ceremony in Dhaka, according to a statement by German Embassy in Dhaka made Monday.