The government is pressing ahead with Bangladesh's planned graduation from the UN's Least Developed Countries category in November 2026

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.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently relaunched an initiative seeking duty-free access to the US market for apparels made from American cotton.