132 news articles tagged with "LDC Graduation"
Import Policy Order 2026-2029 formally defines expatriate Bangladeshi investors and eases capital machinery imports, with modern payment methods aligned to Bangladesh Bank forex rules.
Bangladesh and Australia reaffirm stronger cooperation in trade, skills, research. Commerce Minister Muktadir met Australian HC Susan Ryle. Topics: trade negotiation, research, education, agriculture, investment. Regional hub planned.
Foreign loan commitments collapsed 37% to $5.24B in FY26 from $8.32B. Debt servicing rose to $4.49B. Remittances up 15% in July but below $3B benchmark. Selim Raihan warns external cushion thinning.
Bangladesh foreign aid commitments fell 37% to $5.24B in FY26 from $8.32B. Debt servicing hit record $4.49B, up 11%. ERD data shows project loans halved. Grants also fell to $233.78M.
The United Kingdom has reaffirmed its commitment to provide up to £2 billion in financing through UK Export Finance (UKEF), strengthening bilateral trade that reached £4.5 billion in 2025.
Non-tariff measures now drive most trade costs globally, with developing countries facing a double burden of higher tariffs and increasingly complex regulatory compliance requirements.
The Dhaka Chamber of Commerce and Industry has urged the government to fast-track trade agreements ahead of LDC graduation, highlighting African markets as a major untapped opportunity.
Bangladesh's government has set ambitious post-LDC graduation investment targets even as private capital formation continues to lag, raising concerns about whether the country can sustain export competitiveness without its current duty-free market access.
Bangladesh's commerce ministry is preparing a five-year trade plan to address the export competitiveness challenges that will follow LDC graduation, with emphasis on market diversification, free trade agreement negotiations, and product upgrading.
Bangladesh's trade deficit widened 24% to $23.98 billion in FY2026, even as remittances climbed to a historic high of $35.5 billion, helping cushion the broader current account position.
The government has retained export incentives for 43 priority sectors in FY2027, preserving a critical support buffer as Bangladesh prepares to navigate the loss of LDC-era trade preferences.
Bangladesh's economy has crossed the $500 billion GDP mark, with the government now targeting a rise in per capita income from $2,820 to $5,000 and a doubling of services exports by 2031.