Global trade is changing rapidly, driven by macroeconomic pressures, regulatory changes and shifting supply chain priorities. A strategy to adapt quickly to these changes is crucial, said speakers at a recent discussion titled 'HSBC Insights: Navigating Global Trade Dynamics and Opportunities' organized by The Hong Kong and Shanghai Banking Corporation (HSBC) Bangladesh.

HSBC Bangladesh said that as part of its regular communication with customers and businesses, HSBC organized a discussion with customers on the changing trade situation, global economic changes and their impact on Bangladesh's export sector. The discussion highlighted important issues of global trade in the changing context of the country. The event provided various suggestions to businesses to deal with uncertainty.

Present at the event were Rear Admiral SM Moniruzzaman, Chairman of Chittagong Port Authority, Mahmud Hassan Khan, President of BGMAE, Aditya Gehlat, Regional Head of Global Trade Solutions, HSBC Asia, Md. Mahbub Ur Rahman, CEO of HSBC Bangladesh, and Ines YK Lam, Associate Director of Economics, HSBC Global Research. Each of them shared their views on the changing business environment, regional macroeconomic context, and competitiveness of Bangladesh's export sector.

Mahmud Hasan Khan said, "With favorable tariff rates in various important international markets, it is possible to establish the Bangladeshi garment industry as a partner in global trade." Aditya Gehlot said, "The global trade structure was fundamentally changing before the new level of uncertainty due to tariff policies was added. HSBC's global network and experience in adapting to these changes can open up new possibilities for customers."