Dhaka, Oct. 30 -- The United Nations General Assembly (UNGA) has unanimously adopted a resolution granting Bangladesh a three-year extension of its preparatory period for graduation from the Least Developed Countries (LDC) category, extending the deadline to November 24, 2029.

The decision marks a significant diplomatic achievement for the current government, giving Bangladesh additional time to strengthen economic resilience, enhance export competitiveness and prepare for the eventual loss of LDC-specific trade preferences and international support measures, Bangladesh said on Friday.

Bangladesh's Permanent Representative to the United Nations Ambassador Irene Z. Khan said, "Bangladesh is graduating from the LDC category not because th...