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Lao PDR is recommended to graduate in 2026 from the Least Developed Country Category with an extended preparatory period

Lao PDR is recommended to graduate in 2026 from the Least Developed Country Category with an extended preparatory period. Vientiane, 26 February 2021 – The United Nations Committee for Development Policy (CDP) announced on 26 th February that having conducted the triennial review of all Least Developed Countries (LDCs), Lao PDR has been recommended for graduation with an extended 5-year preparatory period effectively setting the graduation to 2026 assuming a positive and continued trajection throughout the time period leading up to graduation. H.E. Mr. Saleumxay Kommasith, Minister of Foreign Affairs of the Lao PDR, expressed “Graduation from LDC status with quality has been a long-term objective of the Government of Lao PDR since 2000. Throughout the years, the Government has emphasized its strong commitment and consistently made significant progress in implementing National Socio-economic Development Plans (NSEDP). However, graduation is not an end in itself and does not im

License more manufacturing sites in developing nations to produce vaccines: WTO DG

License more manufacturing sites in developing nations to produce vaccines: WTO DG SECTIONS Share Synopsis The WTO MC12 will take place in November in Geneva. It was originally scheduled to take place in June 2020 in Kazakhstan but was postponed due to the Covid-19 pandemic. Addressing the WTO General Council after taking office on March 1, she said that the world has a normal capacity to produce 3.5 billion doses of vaccines and now it seeks to manufacture 10 billion doses. World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala has called for the member countries to work with companies to license more manufacturing sites in developing countries and technology transfer citing “serious supply scarcity”.

Graduation to developing country is outcome of 12-yr efforts: PM | Bangladesh Sangbad Sangstha (BSS)

Graduation to developing country is outcome of 12-yr efforts: PM | Bangladesh Sangbad Sangstha (BSS)
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