Dhaka, Nov. 10 -- The visiting United Nations assessment team in Dhaka has asked local businesses to prepare a roadmap on the Smooth Transition Strategy (STS) to ensure Bangladesh's sustainable graduation from the Least Developed Country (LDC) status.

In response, business leaders at a meeting on Sunday informed the UN delegation that although the STS has been formulated, its implementation progress remains poor and full execution within the next year appears unlikely.

Highlighting the challenges the country might face during the transition, they said Bangladesh would need at least five more years to complete necessary preparations.

According to meeting sources, the UN team sought to understand these challenges from the business commun...