Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Siddiqur Rahman has said that the aim of the new board of BGMEA is to move forward and work for ensuring safety and sustainability at the readymade garment (RMG) industry of Bangladesh. At a media briefing in Dhaka, he also sought the support of all stakeholders to achieve the target of $ 50 billion RMG export by 2021. The newly elected Board of BGMEA will take every possible initiative to achieve these goals, the Rahman promised. The apex trade body of garment industry also urged the International Finance Corporation (IFC) to increase the amount of remediation fund and provide that for all factories instead of some selected ones. The Accord and Alliance through International Finance Corporation (IFC) have set up a $50 million funding for factories from which the signatories of the two organisations source products.
