UN extends Nepal’s LDC graduation preparatory period until November 2029

🌐 Kathmandu Post (NP) —
UN extends Nepal’s LDC graduation preparatory period until November 2029

AI Summary

The United Nations has extended Nepal’s preparatory period for graduation from least developed country status until November 2029. Nepal and Bangladesh received three additional years to strengthen their economies ahead of losing trade preferences and other support.

Nepal and Bangladesh have been given three more years to strengthen their economies and prepare for the loss of trade preferences and other support available to least developed countries.

World Politics Markets Nepal Bangladesh United Nations LDC graduation trade preferences economic development

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