Bangladesh Accord on Fire & Building safety to cease operations in country by end of Nov 2018 unless govt. grants extension
Bangladesh Accord on Fire and Building Safety was launched by trade unions and brands in May 2013 following the Rana Plaza factory building collapse the previous month that killed over a 1,100 workers. It is a legally binding agreement designed to build a safe and healthy Bangladeshi Ready Made Garment (RMG) Industry. Further information about the Accord can be found here.
There was an initial agreement to extend the Accord beyond its inital 5 year term for another 3 years, the "Transition Accord". However, a restraining order was issued by the High Court in Bangladesh in April 2018 on the Transition Accord. The result of this was that after 30th November the Accord could no longer operate.