Tarique for urgent steps to tackle post-LDC graduation challenges

BNP Acting Chairman Tarique Rahman on Tuesday said Bangladesh's graduation from the UN's Least Developed Country (LDC) category in November 2026 is a milestone, but warned that the accompanying risks and challenges to the economy and people must be addressed urgently to reap its benefits, reports UNB.

"Graduation is not just a milestone, but it comes with risks and challenges which we need to be honest about, directly affecting our economy and people," he said in a statement on his verified Facebook page.

Tarique said Bangladesh is on the path to graduate from the UN's Least Developed Country (LDC) category in November 2026. "What does this mean for the resilience of our businesses, the engines of growth in our communities?"

He said the BNP is concerned about a multitude of issues if Bangladesh does not proceed with caution.

The BNP leader said loss of trade preferences may hurt the country's garments exports and reduce competitiveness; access to concessional loans and aid will shrink.