Industry leaders have reaffirmed their commitment to collective action and stronger collaboration to address the challenges facing Bangladesh’s ready-made garment (RMG) sector at the 43rd Annual General Meeting (AGM) of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
The meeting was held at the BGMEA Complex in Uttara and was presided over by BGMEA President Mahmud Hasan Khan. The session began with a welcome address by First Vice President Selim Rahman.
During the AGM, members approved the audited financial statements for the fiscal year 2024-25 and endorsed the proposed budget for fiscal year 2025-26. The association also appointed auditors for the upcoming financial period.
In his keynote address, BGMEA President Mahmud Hasan Khan outlined the current state of the garment industry and highlighted key initiatives undertaken by the present board during its first year in office. He also presented the association’s future plans aimed at enhancing the sector’s competitiveness, resilience and sustainability amid evolving global trade dynamics.
BGMEA Vice President (Finance) Mizanur Rahman presented the financial statements and budget proposal before the members for approval.
Participants at the meeting emphasized the importance of unity and coordinated industry action to navigate existing and emerging challenges, including shifting global sourcing trends, rising production costs, compliance requirements and increasing competition from other apparel-exporting countries.
The AGM was attended by BGMEA vice presidents, directors, former presidents, former vice presidents, standing committee members, general members of the association and other distinguished guests, including Member of Parliament Zainul Abdin Farroque.
The event concluded with a celebration marking the successful completion of the current BGMEA board’s first year in office, with members expressing optimism about the sector’s future and reiterating their commitment to safeguarding Bangladesh’s position as a leading global apparel sourcing destination.
