Bangladesh urges UK creating global supply chain fund

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Economic Reporter :
Bangladesh has urged the United Kingdom (UK) to create a ‘global supply chain sustainability fund’ for post-Covid socio-economic recovery of countries including Bangladesh those have been victimized by the British retailers.
The urge was made by Bangladesh High Commissioner to the UK Saida Muna Tasneem with reference to case of unethical cancellations and non-payment for manufactured apparels by the UK retailers victimizing the Bangladesh RMG industry and 4.5 million workers, a press release issued by Bangladesh London mission.
Bangladesh envoy to the UK was addressing at a ‘High Commissioners’ Virtual Conference’ organized by the UK FCO (Foreign and Commonwealth Office) Minister of State for South Asia, Commonwealth, the UN and the DFID, Lord Ahmad of Wimbledon this week.
Bangladesh High Commissioner also called upon the UK to ensure equitable and affordable access to vaccines and therapeutics manufactured by the UK and other developed countries for the most vulnerable countries including LDCs.
She also briefed the conference about the innovative and unprecedented initiatives undertaken by Bangladesh premier including a $11.50 billion (3.4% of Bangladesh GDP) Covid-response social safety emergency aid and incentive package for protecting livelihoods of the most vulnerable faction of the society.
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