Apparel exporters have appealed to brands and buyers to consider paying additional costs for forthcoming orders in view of the rising living expenses of workers due to the high inflation across the world.
BGMEA President Faruque Hassan made the call in a letter, sent to all representatives of brands and buyers on Thursday (September 21), pointing out that the new wage board for workers is expected to be implemented by this December.
“Now, inflation and production cost hikes, including gas, electricity, fuel, transport, and other costs, are squeezing our breathing space. In fact, the workers, who are the lifeline of this industry, are suffering the most from the inflation,” reads the letter.
Acknowledging that RMG product prices have increased to some extent, the BGMEA noted that these adjustments are barely sufficient to offset the rising costs.
“You may know that the minimum wage board for garment workers will review the current minimum wages,” the BGMEA chief wrote, adding that the board has conducted several meetings and is presently engaging with various stakeholders. “They [the board members] are visiting factories and engaging in discussions with both workers and owners.”
While requesting buyers to contemplate a reasonable price adjustment for forthcoming orders, the leader of the apex trade body emphasised that it is also important for a smoother transition to the new wage scale.
He also sought suggestions, advice, information or comments from different brands and buyers to make this industry more competitive, efficient, and sustainable.
