Leaders of 16 major business chambers and associations have urged the government to delay Bangladesh's graduation from the least developed country (LDC) club, saying that an early transition would severely strain the pharmaceuticals and garment industries.
Lack of efficient logistics poses threat to Bangladesh's export competitiveness, speakers say
Short-term image building rather than long-term readiness drove the eagerness to graduate.
The government is pressing ahead with Bangladesh's planned graduation from the UN's Least Developed Countries category in November 2026
Postponing LDC graduation needs careful deliberation by all stakeholders.
Bangladesh’s leading business figures have urged the government to seek a six-year deferral of the country’s graduation from Least Developed Country (LDC) status, warning that the economy is unprepared for the loss of vital trade preferences.
Leaders of 16 major business chambers and associations have urged the government to delay Bangladesh's graduation from the least developed country (LDC) club, saying that an early transition would severely strain the pharmaceuticals and garment industries.
Lack of efficient logistics poses threat to Bangladesh's export competitiveness, speakers say
Short-term image building rather than long-term readiness drove the eagerness to graduate.
The government is pressing ahead with Bangladesh's planned graduation from the UN's Least Developed Countries category in November 2026
Postponing LDC graduation needs careful deliberation by all stakeholders.
Bangladesh’s leading business figures have urged the government to seek a six-year deferral of the country’s graduation from Least Developed Country (LDC) status, warning that the economy is unprepared for the loss of vital trade preferences.
