Bangladesh must prepare economy for post-LDC challenges: Germany
Bangladesh, June 12 -- SSeeking joint efforts to intensify and diversify bilateral economic relations, the Director General for Asia and the Pacific at the German Federal Foreign Office, Frank Hartmann, has said Bangladesh should make the most of the remaining period before its graduation from the Least Developed Country (LDC) category by undertaking the necessary reforms and preparations to adapt to the new economic realities it will face in the coming years.
"Bangladesh will eventually graduate from the LDC category, and it is important to prepare for the period when some trade preferences will no longer be available," he told UNB in an exclusive interview, encouraging the country to accelerate economic reforms and diversify exports.
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