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Bangladesh: IMF x BGMEA Discuss RMG Sector Challenges & Opportunities Post-LDC Graduation

Apparel Hits: 897
BangladeshApparelSector
Apparel Hits: 897

21 October 2023, Mumbai

The International Monetary Fund (IMF) and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) met on October 15 to discuss the challenges and opportunities for the RMG sector in the context of Bangladesh's graduation from Least Developed Country (LDC) status.

Outlines
The meeting focused on the current state of the RMG industry, the global trade landscape, and their implications for Bangladesh's export performance.
BGMEA President Faruque Hassan also shared the Sustainability Strategic Vision 2030 with the IMF team, which outlines their goals and plans for the future of the RMG sector in Bangladesh.
The IMF team praised BGMEA's initiatives and efforts and expressed their willingness to keep in touch with them.

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