Bangladesh to establish employment injury insurance

October 9 2015 by InsuranceAsia News Staff

Bangladeshi workers will soon have protection when they suffer injuries while at work as the country is set to establish a national employment injury insurance scheme.

A tripartite deal supporting the establishment of such insurance was signed by officials of Germany, Bangladesh, and the International Labour Organisation (ILO) recently.

The three parties signed the letter of intent to develop and institutionalise a national Employment Injury Insurance system in Bangladesh.

The insurance system will be designed by the three parties based on the Employment Injury Benefits Convention and shall integrate prevention, compliance and rehabilitation services.

The agreement was signed by visiting German federal minister for Economic Cooperation and Development Gerd Muller, secretary of the Ministry of Labour and Employment Mikail Shipper, and country director of the ILO Srinivas Reddy.

The initiative is aimed at further strengthening and improving the safety conditions of the garment sector in Bangladesh.