Commerce ministry to pursue bilateral deals for LDC trade benefits

Business leaders have continued to push the government to seek a deferral of Bangladesh’s graduation to a developing nation by five to six years, warning that a premature transition would cripple industries, erode export competitiveness, and trigger massive job losses.

LDC graduation will end pharma, apparel export benefits, warn business bodies

Leading entrepreneurs yesterday urged the government to create an environment more conducive to doing business as Bangladesh prepares to graduate from the UN’s least developed country (LDC) category next year.

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.