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.