Compliance is the major pillar Bangladesh needs to build to attain the $50 bn target. It could add value in Bangladesh textile and apparel industry, speakers of ‘1st National Compliance Carnival 2018’ opined. They also urged for a common platform to set compliance standards. Institute of Compliance Professionals (ICP) organised the event on 20th April 2018 at International Convention City, Bashundhara (ICCB) in the city where compliance professionals from different industries like RMG, FMCG, pharmaceuticals, MNCs, footwear, and leather attended.

Minister of Information Hasanul HaqInu, MP attended the programme as the chief guest while Michael Schultheiss, Deputy Head of Mission and Head of the Economics Section, German Embassy Dhaka, Dr. Annie Vestjens, First Secretary SRHR and Gender, Embassy of the Kingdom of the Netherlands, Mohammad Hatem, 1st Vice President, Exporters Association of Bangladesh and Atiqul Islam, Former President of BGMEA also flourished the program attending as the special guests. Shaila Ashraf, Convener of 1st Compliance Carnival, presided over the event.

As the Chief Guest, Hasanul HaqInu said, the industry has to be more responsible to be sustainable and now the time to take the responsibility of all stakeholder. “More industrialisation will help us to attain 2021 vision and in this regard, compliance is needed,” he said. “Good governance in the industry will be ensured by compliance,” he added.

Shaila Ashraf highlighted the success of Bangladesh apparel industry in compliance. She said that Bangladesh has done significant improvement in compliance after Rana Plaza tragedy.

Michael Schultheiss said, “To compete in world market compliance is vital. Compliance is the responsibility of everyone – buyers, producers, and consumers. Germany aims to hand to enhance quality and skills of mid-level management.”Atiqul Islam said, “After the Rana Plaza incident we face huge challenges of dignity. We face negative propaganda against Bangladeshi product. But now all the companies are committed to their compliance issue.”

Describing some misinformation about Bangladesh apparel industry that was sent to the world leaders, he requested to the workers union to send correct information about Bangladesh apparel industry to the world.

Highlighting the importance of buyer’s contribution in compliance Mohammad Hatem pointed out “We are maintaining different types of compliance issue to ensure workers right and satisfy buyers. End of the day we need the financial capability to do these. But every year buyers are decreasing the price for the product.”

As part of the program, there were three-panel discussions. “Transformation of the garments industry towards the target of $50 bn by 2021 and role of compliance’ was the first one of those in which ATM Mahbubul Alam Milton, ED, Masco Group was the keynote speaker, moderated by Dr. Ayub Nabi Khan, Pro VC, BUFT while Tapan Kumar Ghosh, Additional Secretary (Export), Md. Arfan Ali, MD, Bank Asia, Mamun Zaman, Country Manager, Elevate and Manjur Morshed, Sr. Advisor, GIZ were present among the panel discussants. All of them emphasized on the participation of the government with the RMG factories and in this sense, compliance can be a strong weapon to achieve that $50 bn mark by 2021.

In the keynote speech, ATM Mahbubul Alam Milton emphasised to set a unified compliance guideline. Tapan Kumar Ghosh said, “After 2024 we will be graduated from least development to the developed country while we will lose many facilities. So we have to be more compliant to face this challenge.”