Dhaka, Feb. 25 -- Economists have warned that following Bangladesh's graduation from the least developed country (LDC) status, it will face significant challenges in sustaining the export-driven growth, unless it particularly addresses the high import tariffs.

While the potential benefits of import liberalisation are clear, they cautioned that this should not happen before strengthening the nation's institutional capacity.

As Bangladesh approaches its LDC graduation, they agree that a strategic overhaul, coupled with sound policy reforms and a stronger institutional framework, is essential for the country's continued economic progress.

Their observations came during a discussion titled "Conference on Recommendations by the Taskforce on...