Dhaka, Feb. 5 -- Bangladesh must enhance efficiency and competitiveness to tackle the challenges of its transition from the Least Developed Country, or LDC, category to a developing nation, Commerce Advisor Sheikh Bashir Uddin.

He stressed the need to implement the trade facilitation roadmap for this transition.

Speaking at the eighth meeting of the National Trade Facilitation Committee, or NTFC, on Tuesday, the advisor pointed out that Bangladesh is set to graduate from LDC status in November 2026.

This will bring new regulations on exports, and the country must increase its capabilities to overcome the economic impact of these changes, he added.

The meeting, organised by the commerce ministry, was held at the Bangladesh Institute of...