Exports from Bangladesh may decline by 5.5 per cent to 14 per cent, especially considering reduced earnings from EU, after it loses preferential trade benefits following LDC graduation, according to ADB.
With over 70 per cent of merchandise exports benefitting from LDC-specific trade preferences, impact of LDC graduation on exports is a significant concern.Exports from Bangladesh may decline by 5.5 per cent to 14 per cent, especially considering reduced earnings from EU, after it loses preferential trade benefits following LDC graduation, according to ADB.
With over 70 per cent of merchandise exports benefitting from LDC-specific trade preferences, impact of LDC graduation on exports is a significant concern.
