Dhaka, Aug. 25 -- Sixteen of Bangladesh's leading business chambers and associations have renewed their appeal for the country to delay its graduation from the United Nations' Least Developed Countries (LDC) category, warning that the economy remains ill-prepared for the transition set for November 2026.
At a joint press conference at the InterContinental Dhaka, Mahbubur Rahman, president of the International Chamber of Commerce-Bangladesh (ICC-B), speaking on behalf of the collective, called on the government to seek a three- to five-year extension.
Rahman cautioned that key sectors, particularly garments and pharmaceuticals, would face severe headwinds once Bangladesh loses duty- and quota-free market access, jeopardising export competi...