EU for speedy execution of revised labour act

Staff Correspondent

The European Union ambassador Peirre Mayaudon has suggested for speeding up the implementation process of the revised labour act by formulating its rules by the deadline of June.
He also wanted the government to clear the status of the workers’ right to trade union in the exports processing zones during a meeting with the press arranged by the Economic Reporters’ Forum at Jatiya Press Club on Wednesday.
Implementation rules should be there by end of June. They should apply to all sectors of the industry, he said.
EU has been pressing for improving labour rights condition after the tragic Rana Plaza collapse that killed over 1,300 workers.
Mayaudon noted that improvement of labour rights should not be perceived as a burden but rather as a fantastic opportunity to push the economy forward.
‘This is also the best tribute that could be paid to the thousands of victims of the Rana Plaza tragedy,’ he said.
He also suggested for improving the business climate to attract more foreign direct investments.
Companies needed transparent and predictable regulatory framework to secure investment, he said, noting that 70 per cent of the court cases were related to land disputes.
This is not an encouraging signal to foreign investors who look for safety and stability, he said.
Earlier, Mayaudon expressed his commitment to bolster Bangladesh-EU relations.
The EU is the biggest trading partner of Bangladesh, importing 60 per cent of the country’s exports.

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