Bangladesh is due to graduate from Least Developed Country status, resulting in the loss of preferential market access for textiles and ready-made-garments in key import markets. The paper examines the opportun
In addition, as Bangladesh prepares to lose its “least developed country” status by 2026, it faces the challenge of phasing out subsidies in the garment sector to comply with World Trade Organization rules. In the first half of 2024, inflation averaged 10% and is expected to remain high ...
DHAKA, March 13 (Xinhua) -- Bangladesh is set to graduate from its status as a Least Developed Country (LDC) in 2026. Zhang Xiangchen, deputy director-general of World Trade Organization, on Saturday told Xinhua here in an interview, "We, the WTO, will help Bangladesh to achieve the smo...
The country’s poverty rate has gone down, food security has improved and as of 2022, its economy had grown at an average of about 6% per year over about two decades. Bangladesh is also set to graduate from the United Nations’ least developed country category in 2026, following an “...
economy, she said, “We are now the world’s 35th largest economy with a GDP of USD 460 billion. In South Asia, we are the second biggest economy and an emerging growth engine. We are graduating from the UN Least Developed Country (LDC) status, having qualified in all three criteria”...
UNITED NATIONS, June 9 (Xinhua) -- The Bangladeshi ambassador to the United Nations, Rabab Fatima, has been appointed high representative for the least developed countries, landlocked developing countries and small island developing states, a UN spokesman said on Thursday. ...
Bangladeshi economy has expanded steadily over the past decade, posting an average yearly growth of 6.5% between 2014 and 2023. This robust economic growth has lifted many Bangladeshi people out of poverty, with the country expected to graduate from the group of Least Developed Countries (LDC) ...
Country profile Bangladesh has begun to emerge as a country with huge potential in Southern Asia, stepping out of the shadow of the region’s economic giants – India and Mainland China. At independence in 1971, Bangladesh was one of the poorest and least-developed nations in the world. Decad...
Bakht, Zaid, Tatsufumi Yamagata and Mohammad Yunus (2009) “Profitability and Diversity among Knitwear-Producing Firms in Bangladesh: The Prospects of a Labor-intensive Industry in a Least Developed Country,” Developing Economies 47(3) (September): 340–66. Article Google Scholar Bangladesh Garmen...
As Bangladesh graduates from least-developed to middle-income country status in the next few years, preferential access to European and other markets is up for negotiation. Additional tariffs would be seriously disruptive for the RMG sector, but levelling the playing field with compe...