ICMAB calls for comprehensive reforms to ensure smooth LDC graduation
Bangladesh, July 31 -- The withdrawal of the least developed country (LDC)-specific trade benefits will create fresh challenges for Bangladesh's exports, the pharmaceutical industry, and international trade, Commerce Minister Khandakar Abdul Muktadir has said.Professional & Trade Associations
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Although Bangladesh had fulfilled the criteria for graduating from the LDC category, the bigger challenge was to ensure that the transition was sustainable and beneficial for the economy, he told an event on Wednesday.
"Bangladesh should move forward with LDC graduation only after undertaking the necessary structural and institutional reforms," he said while addressing the strategic insight session titled "Bangladesh's Upcoming LDC G...
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