In recent times, the discussion on Comprehensive Economic Partnerships Agreements (CEPAs) has gained considerable traction in Bangladesh. Policymakers and trade officials have mooted the idea of signing CEPAs with a number of Bangladesh’s trading partners.
Over the past decade particularly, the Bangladesh-India bilateral economic relationship has entered a new terrain with the strengthening of traditional ties and foundations being laid to deepen and broaden the partnership in going forward.
On October 15-16, 2020, the Council for Trade-Related Aspects of Intellectual Property Rights of the WTO (WTO-TRIPS Council) will be holding an important meeting that has a special interest for the LDCs, in particular for graduating LDCs such as Bangladesh.
The transmission channels through which the emergent global scenario in the wake of the Covid-19 pandemic are impacting the increasingly globalising economy of Bangladesh are diverse: export outflows are getting disrupted; import inflows are facing delays;
Bangladesh’s LDC graduation, to take effect from 2024, needs to be celebrated as a recognition of the country’s remarkable progress on many fronts over the past years. At the same time, there is no denying the fact that graduation will entail a number of new
The robust external sector performance has been a strong pillar on which Bangladesh’s impressive macroeconomic stability and growth of recent years was founded. The strong performance was underwritten by several factors.
Bangladesh has become eligible for LDC graduation at the triennial review of the Committee for Development Policy (CDP) held in March 2018 by meeting the thresholds for graduation: Gross National Income (GNI) per capita, the Human Assets Index (HAI) and the Economic Vulnerability Index (EVI). Bangladesh has been able to satisfy all the three graduation criteria and that also with significant comfort margins.