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German envoy eyes Bangladesh a dependable sourcing destination

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Bangladesh is a reliable sourcing destination for Germany consumers for its high quality garment products, says German Ambassador to Bangladesh Thomas Prinz. The envoy came up with the remark at a press conference held at the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) head quarters in the capital yesterday. The press conference was organised to inform about the “BGMEA-BUFT Journalism Fellowship-2014”. “We are very happy that Bangladesh is a reliable source for high quality garment in Germany,” Thomas Prinz told the press conference. Prinz said: “German tries to support Bangladesh in reaching the aim to double its RMG export. We are the second largest market for Bangladeshi products just after the US and the market is still growing.”“We want to support Bangladesh in its endeavour to establish a sustainable, compliant, social and profitable RMG sector,” said Prinz. “What is fair price?’’ he asked while talking about fair price. In this regard, he explained: “I found that it is very difficult to talk about the fair price. As there is a lot of global competition among the brands, it is really difficult to define about the fair price.” Although the real value of work of those products, which are made in Bangladesh and sold in Germany, should not be so low, he added. “But, how can we change the consumers’ behaviour. It is extremely difficult,” he further questioned. JochenWeikert, programme coordinator of German government’s Promotion of Social and Environmental Standards in the Industry, BGMEA President Siddiqur Rahman and Vice-President Faruque Hassan also addressed the press conference.