Business

Costs of LDC graduation

 

  • Bangladesh will lose access to LDC-specific duty-free and quota-free schemes 
  • LDC-specific preferential rules of origin will go 
  • Significant impacts are expected in the EU, Japan and other markets, affecting especially garments 
  • No significant impacts are expected in the US considering current rules
  • Bangladesh will no longer benefit from extension given to LDCs on Trade-Related Aspects of Intellectual Property Rights (TRIPS) 
  • The TRIPS-related development may lead to higher medicine prices in Bangladesh and other countries 
  • LDC graduation may leave limited impact on development cooperation in Bangladesh 
  • Bangladesh may lose international support measures in trade, official development assistance and others
  • There will be no travel support to UN meetings and no benefit from LDC-specific support measures 

BENEFITS OF LDC GRADUATION 

  • Achieving the status will be an important development milestone though the gain is sometimes unquantifiable 
  • More FDI is expected due to better image of the country 
  • Bangladesh may obtain easy loans because of better credit ratings 

Source: UN

 

Comments

Costs of LDC graduation

 

  • Bangladesh will lose access to LDC-specific duty-free and quota-free schemes 
  • LDC-specific preferential rules of origin will go 
  • Significant impacts are expected in the EU, Japan and other markets, affecting especially garments 
  • No significant impacts are expected in the US considering current rules
  • Bangladesh will no longer benefit from extension given to LDCs on Trade-Related Aspects of Intellectual Property Rights (TRIPS) 
  • The TRIPS-related development may lead to higher medicine prices in Bangladesh and other countries 
  • LDC graduation may leave limited impact on development cooperation in Bangladesh 
  • Bangladesh may lose international support measures in trade, official development assistance and others
  • There will be no travel support to UN meetings and no benefit from LDC-specific support measures 

BENEFITS OF LDC GRADUATION 

  • Achieving the status will be an important development milestone though the gain is sometimes unquantifiable 
  • More FDI is expected due to better image of the country 
  • Bangladesh may obtain easy loans because of better credit ratings 

Source: UN

 

Comments

মোটরসাইকেল বিক্রিতে ৫ বছরের সর্বনিম্ন রেকর্ড

‘ডলার সংকট ও মূল্যস্ফীতির কারণে মোটরসাইকেলের দামও উল্লেখযোগ্য পরিমাণ বেড়েছে।’

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