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Bangladesh Wire

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Good news on the Bangladesh front: All 70 brands who signed the Bangladesh Accord—including H&M and Zara parent company Indetix—have agreed that every Bangladeshi factory they use will undergo a safety inspection within the next nine months. Repairs will be initiated where necessary and processes for reporting safety issues will be put in place. European, Bangladeshi, and U.S. officials are meeting in Geneva today for more talks. [Reuters, via BoF]