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A group of socially responsible investors has urged 160 major retailers who source clothes from Bangladesh to back the extension of an agreement which promotes the safety of millions of workers in garment factories in the South Asian nation.

The Bangladesh Investor Initiative, whose members are shareholders in several retailers, has asked the companies to support a three-year extension of a legally-binding accord to improve building and fire safety across the textile industry.

The Bangladesh Accord was signed by global brands and trade unions in 2013 after the Rana Plaza disaster, when about 1,100 people were killed after a garment factory complex collapsed — sparking outrage over poor working conditions in the sector.