DHAKA, July 12, 2026 (BSS) - The Bangladesh Garment Manufacturers and 
Exporters Association (BGMEA) and the Hongkong and Shanghai Banking 
Corporation Limited (HSBC) today signed a strategic partnership agreement to 
strengthen the global footprint of Bangladesh's apparel industry through 
joint market expansion initiatives.

The Memorandum of Understanding (MoU) was signed at the BGMEA office in the 
city, with BGMEA President Mahmud Hasan Khan and HSBC Bangladesh CEO Md 
Mahbub ur Rahman signing on behalf of their respective organisations, said a 
press release.

Under the agreement, the two sides will jointly organise a major apparel 
roadshow in Hong Kong to connect Bangladeshi exporters with international 
buyers, brands and global business partners. 

The initiative aims to diversify export destinations beyond traditional 
markets by expanding Bangladesh's presence in Asia. 

The partnership will also leverage the upcoming Bangladesh Textile Expo 
(BATEXPO) to promote the country's apparel and textile sector at home and 
abroad.

Speaking at the signing ceremony, BGMEA President Mahmud Hasan Khan said 
HSBC's extensive global banking network and strong relationships with 
international buyers would help attract new sourcing partners who are not 
currently importing garments from Bangladesh, thereby widening the country's 
export base.

HSBC Bangladesh CEO Md Mahbub ur Rahman described the ready-made garment 
(RMG) sector as the backbone of Bangladesh's economy and reaffirmed the 
bank's commitment to supporting its long-term growth. 

He stressed the importance of research on changing global sourcing patterns 
and urged BGMEA to prioritise key areas, including market diversification, 
supply chain efficiency and increasing Bangladesh's share in the global 
apparel market.

The collaboration will focus on exploring new export markets, strengthening 
Bangladesh's position in global supply chains and showcasing the industry's 
progress in sustainability and modernisation.

BGMEA Senior Vice President Enamul Haque Khan, Director Shah Rayed Chowdhury 
and senior officials from both organisations were present at the signing 
ceremony.