Dhaka, Aug. 14 -- Leaders of top businesses on Thursday laid emphasis on taking initiatives to extend the transition period for Bangladesh's graduation from the Least Developed Country (LDC) category.

They observed that Bangladesh is not yet ready to graduate from its LDC status, reports BSS.

They demanded a three-to-six-year extension in the transition period so that they can take preparations to compete in the international market after the country's graduation from LDC.

Businesses made the demand while speaking at a seminar on "LDC Graduation: Some Options for Bangladesh," at a hotel in the city.

The ICC-B in association with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Association of Ph...