Bangladesh Risks Losing Its Tax-Free Access To The EU Market In The Future.

(P) EU and Bangladesh signed a new global sustainability compact to solve the problem of labor abuse in Bangladesh garment industry. If it breaks its promise, Bangladesh will lose the risk of tax-free access to the EU market in the future.

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< p > "what happened in Bangladesh more than two months ago is simply unacceptable."

In July 8th (2013), EU Trade Commissioner Karel de Gucht recalled the collapse of the Rana Plaza building in April, which killed 1100 garment factory workers, so said.

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< p > "I want to make it clear that Bangladesh or other low development countries can not take such a thing as a trade concession."

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According to this agreement, Bangladesh promises to strengthen the right of workers to organize trade unions freely and to participate in trade unions and managers' collective bargaining rights. These workers' rights will not be widely popularized throughout the country. P

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< p > these commitments agreements, which only apply to processing export areas, will be included in the New Labour Standards Law adopted by Bangladesh this month.

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(P) Bangladesh also agreed to evaluate all the main export oriented garments and knitted fabrics "a" target= "_blank" href= "//www.sjfzxm.com/" > December before the end of this year, and to build up factory buildings and fire safety, and expand all export oriented factories by June 2014.

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< p > in addition, the Bangladesh government will employ additional 200 factory monitors to undertake more regular monitoring operations by the end of this year (2013).

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< p > Karel de Gucht pointed out that if the situation of Bangladesh workers is not reasonably improved, the EU should take appropriate action.

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At present, the European Union gives the Bangladesh free tariff free quota export market preferential treatment, the product scope covers nearly everything except the weapon. P

De Gucht points out that if Bangladesh fails to comply with the agreement, the existing preferential measures will be faced with the risk of cancellation. He also stressed that the EU wanted to avoid such a result.

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< p > "if we suspend all export concessions (except weapons), this will be a disaster for Bangladesh."

EU trade official said.

Suddenly, millions of workers will lose their jobs, and these companies will move to other countries. "

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The United States announced last month that it had suspended GSP tariff free import concessions to Bangladesh because of the violation of workers' rights in Bangladesh. P

But in any case, the preferential treatment system of GSP in the United States does not apply to < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a >, most of Bangladesh's clothing duty rate is between 15% and 32%.

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