The US wants Bangladesh to decide on the tenure of the buyers’ initiatives Accord and Alliance. Delays in approving extensions of Accord and Alliance would send a negative signal to buyers and consumers that Bangladesh was not committed to workplace safety. Factory safety and labor rights are a priority for US legislators, civil society, businesses and consumers.
Following the Rana Plaza building collapse in April 2013 that killed more than 1,100 people, European retailers formed the Accord on Fire and Building Safety in Bangladesh and North American buyers announced the Alliance for Bangladesh Worker Safety, which undertook a five-year plan, which set time frames and accountability for inspections and training and workers empowerment programs.
Accord has already obtained conditional extension for six more months as the tenure of the platform is going to end on May 31. The extension of the time frame for Alliance remains under process and the time frame of the platform would end on June 30. Alliance may however, obtain an extension up to December 31 this year.
The United States also wants Bangladesh to resolve the long-standing labor rights concerns so that Bangladesh can focus on preparing for its future as a middle income country and, eventually, a developed country.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Polyester volatility redraws India’s textile industry competitive map across Asi…
India’s synthetic textile industry has entered a phase of cost instability as polyester staple fibre (PSF) prices rise across domestic... Read more
The £7 Billion Question: Who pays for fashion’s ‘free rental’ habit?
The global fashion industry is facing an uncomfortable paradox: its most valuable customers may also be its most destructive. A... Read more
India, China Bangladesh face fresh headwinds as global apparel markets rebalance
Global apparel trade is entering a more uneven recovery phase, with demand growth persisting but losing uniform momentum across major... Read more
Global cotton enters a deficit year in 2026 as supply drop meets logistics risk
The global cotton economy has entered a fragile and sensitive phase. Early projections for the 2026-27 season suggest that world... Read more
India’s textile trade gets a Pacific push as New Zealand FTA removes tariff barr…
India and New Zealand have inked a ‘once-in-a-generation’ Free Trade Agreement (FTA), one that will have a profound impact on... Read more
Lululemon’s world-first nylon circularity push signals a new apparel arms race
The global apparel industry’s circularity narrative is entering a more technically demanding phase. Polyester recycling once the flagship of sustainable... Read more
Beyond the DTC Rush: Levi’s hybrid channel strategy sets a new retail benchmark
The global apparel sector is entering a phase where channel strategy is no longer a tactical lever but a core... Read more
The New Rules of Resale: EPR turning secondhand into fashion’s strategic growth …
The global fashion industry is facing a decisive regulatory and commercial reset. What began as a sustainability narrative around reuse... Read more
The 2027 Mandate: Why denim’s future hinges on verifiable data
For decades, the global denim industry has relied on a narrative of durability, heritage, and authenticity. That narrative is now... Read more
Europe’s textile core unravels as costs, imports and policy pressure bite
Europe’s textile and apparel sector, long seen as a benchmark for craftsmanship and industrial depth, is slipping into a prolonged... Read more












