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Charles Whiteley, Ambassador and Head of Delegation, European Union to Bangladesh on Tuesday said Bangladesh should be prepared for implementing “Due Diligence Laws” prepared by the EU.
He made the remarks at a seminar titled “Due Diligence Laws” organised by the International Business Forum of Bangladesh (IBFB) in the capital.
As the Chief Guest there, Whiteley also said that Bangladesh is going to graduate from least developed countries (LDCs) to middle-income countries by 2026, for which Bangladesh from now onward should have preparations for compliance with the improvement of the environment, including the hematuria situation.
IBFB president Humayun Rashid presided over the function while Bernd Spanier, Deputy Chief, EU to Bangladesh, read the key note paper.
Speaking there, President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Faruque Hassan said there will be cost-effectiveness in implementing the “Due Diligence Laws,” which the buyers should consider during the negotiation of price.
Humayun Rashid said that IBFB has been a facilitator in communicating the new law under process by the European Union to Bangladesh stakeholders like BGMEA, BTMA, and BKMEA.
Mohammad Hatem, Executive President, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), Mohammad Ali Khokon, President, Bangladesh Textile Mills Association (BTMA), and M.S. Siddiqui, Vice President, IBFB, have participated as designated discussants.
Mahmudul Islam Chowdhury, Founding President, IBFB, made concluding remarks, and Dr. Muhammad Abdul Mazid, Adviser, IBFB, said the vote of thanks.
IBFB Directors, Members including Leo Tito L. Ausan, JR., Ambassador Extraordinary and Plenipotentiary, Embassy of the Republic of the Philippines, Ziad Hamad, Deputy Head of Mission, Palestine Embassy, John Fay, Trade Counselor, US Embassy, Dhaka, Leena Khan, LabourAttache, US Embassy, Dhaka, Ole R. Justesen, Sector Counsellor Occupational Health and Safety, Royal Danish Embassy, Dhaka, Fahim Abrar, Associate Advisor – Sustainable Production, Royal Danish Embassy, Dhaka, Werner Lange, Coordinator- GIZ Textile Cluster, Kim Jeong Ki, Consul, Embassy of the Republic of Korea, Noor-E-Khaja, Deputy Secretary, Ministry of Industrie Md. Khairul Hassan, Joint Secretary, Chief Law officer, Bangladesh Economic Zones Authority, Prime Minister’s Office, Ziaul Hassan Chowdhury, Assistant Secretary General, Bangladesh Textile Mills Association, Md. Fazlul Haque Mazumder, Additional Executive Director (Investment Promotion), Bangladesh Export Processing Zones Authority, Mohd. Khalid Abu Naser, Director, Bangladesh Competition Commission, Mr. Md. Makbul Hossain, Research Officer, Export Promotion Bureau (EPB) all attended.
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