Com­pen­sated, fi­nally

Southasia - - BRIEFINGS -

The vic­tims of the Rana Plaza dis­as­ter will get com­pen­sa­tion af­ter four global re­tail­ers, along with man­u­fac­tur­ers and la­bor groups, agreed to set up a $40 mil­lion com­pen­sa­tion fund. Re­tail­ers Pri­mark, El Corte In­gles, Loblaw and Bon Marche have pledged to con­trib­ute to the fund, fol­low­ing the col­lapse of the gar­ment fac­tory com­plex, the world's worst in­dus­trial tragedy.

“A fund has been es­tab­lished to com­pen­sate the vic­tims, in­jured work­ers and de­pen­dants of the de­ceased, of the Rana Plaza col­lapse,” said Lejo Sibbel from the In­ter­na­tional Labour Or­ga­ni­za­tion, which helped bro­ker the

agree­ment reached last month. “An es­ti­mated $40 mil­lion will be re­quired to com­pen­sate the vic­tims and their ben­e­fi­cia­ries,” he said.

The agree­ment comes af­ter talks be­tween own­ers of cloth­ing brands and pres­sure groups on a com­pen­sa­tion deal ended in fail­ure in Geneva in Septem­ber 2013.

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