Bangladesh LDC graduation
Why is WTO’s 13th Ministerial Conference important for Bangladesh?
It is especially important now as Bangladesh is set to graduate from its LDC status and become a developing country by 2026.
Make most of LDC-linked duty benefits during extended period
Bangladesh should make the most of the LDC-linked trade benefits during the extended three-year period agreed by the member countries of the World Trade Organisation (WTO), said experts yesterday.
We must improve our competitiveness after LDC duty extension
It will require close collaboration between Bangladesh government and private sector
Bangladesh to enjoy duty benefit until 2029 as WTO members allow extension
Bangladesh will keep enjoying duty-free market access for three more years after its graduation to a developing nation in 2026 as the extension was endorsed by 166 members of the World Trade Organisation (WTO) at its Ministerial Conference that concluded in Abu Dhabi on Friday night.
Bangladesh to get duty benefit for 3 years after LDC graduation
Bangladesh will continue to get duty benefit for three more years after the graduation to a developing nation from the least developed country (LDC) in 2026 thanks to the decision taken at the 13th Ministerial Conference of the World Trade Organisation (WTO).
LDC graduation: Bangladesh to get duty benefits beyond 2026
Bangladesh is set to enjoy duty-free market access beyond its graduation from the least-developed country bracket in November 2026 after the World Trade Organisation yesterday decided to extend support measures for graduating countries.
Govt frames maiden tariff policy
Bangladesh has formulated its maiden tariff policy to improve the competitiveness of local companies in the international market as they brace for an increased competition after the country becomes a developing nation in 2026.
Cabinet approves draft nat'l tariff policy
The Cabinet yesterday approved the draft National Tariff Policy 2023 aiming to make Bangladeshi products more competitive in the international market
Towards Upper-Middle-Income Status: ADB promises all-out support
The Asian Development Bank yesterday said it is ready to provide all-out support to Bangladesh to face its immediate and long-term challenges to becoming an upper-middle-income country by 2031.
Bangladesh, Japan start feasibility study on FTA, EPA
Bangladesh and Japan today jointly started a feasibility study for signing a Free Trade Agreement (FTA) or Economic Partnership Agreement (EPA) to boost bilateral trade.
ADB to prioritise assistance for Bangladesh's LDC graduation
The Asian Development Bank (ADB) will prioritise its assistance to Bangladesh for graduation from LDC, climate change and sustainable development goals.
Mapping out a strategy
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.
Festivity all over
People across the country yesterday celebrated Bangladesh becoming eligible for graduating to Developing Country by bringing out
It is people's achievement
Giving credit to people for meeting the eligibility criteria for Bangladesh's graduation to a developing country, Prime Minister Sheikh Hasina yesterday said the people can achieve anything. “It is an achievement of the people of Bangladesh. I think the country's people are the main source of all power. They can achieve anything,” she said.
LDC graduation: Colourful celebration continues at Bangabandhu Nat’l Stadium
In an inspirational show of unity and joy, the people from all walks of life have had a unique opportunity to celebrate the country's historic achievement of getting eligibility for graduating to a developing country.
‘There are possibilities to LDC graduation as well as challenges’
There are challenges to the graduation from Least Developed Country (LDC) status for Bangladesh, however there are possibilities as well, Finance Minister Abul Maal Abdul Muhith says.
LDC graduation requires good governance, continuation of democracy, political stability: CPD
The issues of good governance, continuation of the democratic process and political stability are the main challenges for Bangladesh to graduate from the least-developed country (LDC) bracket, Centre for Policy Dialogue (CPD) Chairman Rehman Sobhan says.
