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BIMSTEC hails Bangladesh on graduation to developing nation BSS 3rd March, 2021 04:28:45 The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)  congratulated Bangladesh Wednesday over its graduation to a developing nation from the Least Development Country (LDC). Newly appointed BISTEC Secretary General (SG) Tenzin Lekphell conveyed the congratulation when he paid a courtesy call on Prime Minister Sheikh Hasina at her official Ganabhaban residence in the capital. PM’s Press Secretary Ihsanul Karim briefed the media after the meeting. The BIMSTEC SG a...

Becoming A Developing Nation: Bangladesh reaches A Milestone UN gives final nod to country’s graduation from LDC status; transition period extended to 2026 Bangladesh has stepped into a new journey as it qualified to graduate into a developing nation from a Least Developed Country (LDC) after 45 years. The United Nations Committee for Development Policy (UN CDP) recommended  the graduation in its final evaluation on Friday. Bangladesh is scheduled to officially become a developing country in 2026 as the UN committee recommended that the country should get five years, instead of three, to p...

  Staff Correspondent,  bdnews24.com Ahsan H Mansur KAS Murshid Bangladesh should prioritise competitiveness and diversification of exportable products as the country has received the UN recommendation for elevation from a least developed nation to a developing one, analysts say. "); } After the formal graduation, Bangladesh will lose the benefits enjoyed by the LDCs, such as soft loans and export facilities. It can, however, enjoy those benefits during the five-year preparatory period. Under the current rules, Bangladesh will enjoy duty-free access to the European Union market for th...

The East African Friday January 29 2021 We have now witnessed the exit of Donald Trump as the least popular president in modern US history to date. PHOTO | FILE | AFP Summary We have now witnessed the exit of Donald Trump as the least popular president in modern US history to date. In the wake of Trump's presidency lies a trail of debris as he enabled the destruction of many sacred American institutions including the peaceful transfer of power. He and his compadres opened the door to demons that we of the ‘Third World’ and ‘Developing Nations’ are so intimately familiar with. Advertis...

Bangladesh seeks five years to get ready for graduation to developing nation