🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

US lifts import ban on Malaysia's Smart Glove

Published 04/26/2023, 09:49 PM
Updated 04/27/2023, 11:25 PM
© Reuters.

KUALA LUMPUR (Reuters) - The United States lifted a 17-month import ban on products from Malaysian rubber glove maker Smart Glove, saying the company has addressed exploitative labour practices.

U.S. Customs and Border Protection (CBP) in November 2021 sanctioned imports from Smart Glove and its group of companies over the alleged use of forced labour at its production facilities.

Smart Glove, which makes gloves used in the medical and food industries, had then said it was opposed to forced labour and committed to the well-being of its workers.

In a statement on Wednesday, the CBP said Smart Glove has taken various remediation measures, including repaying recruitment fees borne by migrant workers. Activists say the onerous fees result in debt bondage.

Smart Glove also improved workers' living conditions, and implemented new worker-centered policies and procedures, the CBP said.

Smart Glove in a statement said the lifting of the import ban "allows us to again fully meet the needs of our valued customers in the United States".

© Reuters. FILE PHOTO: The logo of Smart Glove, a rubber glove manufacturer, is displayed at its facility in Klang, Malaysia April 27, 2023. REUTERS/Hasnoor Hussain

The company added it has implemented a "zero cost" recruitment policy, upgraded worker housing and created an anonymous reporting channel for workers to engage with management on any issues.

Malaysian companies, including some of the world's major suppliers of palm oil and medical gloves, have come under increased scrutiny over suspected abuse of foreign workers, a significant part of the country's manufacturing workforce.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.