WASHINGTON — The governments of the U.S., European Union and Bangladesh plan to launch a “multistakeholder” initiative on Monday in conjunction with the International Labor Organization, aimed at improving labor, health and safety conditions in the Asian nation’s apparel industry, according to documents obtained by WWD.
The meeting comes in the wake of last week’s decision by the U.S. to suspend Generalized System of Preferences benefits for Bangladesh in light of the nation’s health and safety issues in its factories. The GSP benefits do not cover apparel and textiles, however.
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