This study deals with the role of two Memorandums of Understanding (MoUs) to eliminate the child labor from garment industry Bangladesh and enroll those into schooling program. The first MoU signed in 1995 and the second MoU signed in 2000. This study focused on the initiatives taken to remove child labor and the programs that bring them into rehabilitation process. It is a secondary research and the study done in a mixed method way. Basically, it is a qualitative research and relies on content analysis of research. The information, about two MoUs and various programs taken to achieve the objectives of MoUs, was collected from the secondary sources. A tripartite and triangular model of social dialogue has been applied in the analysis. It is found from the study that the two MoUs achieved a contingent success during its operation. It has been done an outstanding job to remove under-aged children from the formal garment factories. The Bangladesh Garment Manufacturer Exporter Association recently declared that the formal garment is now free of child labor. However, the study indicates that child labor is still employed in both formal and informal garment factories. The study reveals that child labor rehabilitation programs was ineffective for many reasons. Firstly, there was no effective co-ordination between the partners during the two MoUs. The study also indicates that there was lack of management in the second MoU. Moreover, a small percentage of removed children received education and skill training. Secondly, lengthy rehabilitation projects approval and implementation of the projects encouraged children to leave rehabilitation programs and find another job. In addition, UNICEF, the leading partner of the two MoUs, had a small role during the second MoU due to the presence of small numbers of children in the school. All these factors hampered to ensure long-term benefit for the removed children.