TOKYO —

Fast Retailing Co, operator of the Uniqlo clothing chain, said Tuesday it has agreed with the Grameen Bank Group of Bangladesh to set up a joint venture, hoping to ease poverty and other social problems in the country through job creation and with affordable clothes.
   
Under the agreement, Fast Retailing will set up a wholly owned subsidiary in Dhaka around September, and the new subsidiary and Grameen Healthcare Trust of the Bangladesh Bank Group will set up another company the following month, also in the Bangladeshi city, to make and sell clothes in one of the world’s poorest countries.