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Major challenges ahead of Bangladesh’s LDC graduation: ICCB editorial

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Though Bangladesh has met all three essential UN criteria for graduation from the LDC status, maintaining economic momentum and competitiveness after that needs significant internal restructuring, the ICCB has said.
An editorial in its latest newsletter said unless productivity improves and the country diversifies into new markets and higher-value apparel categories, the RMG industry’s edge may weaken.Though Bangladesh has met all three essential UN criteria for graduation from the LDC status, maintaining economic momentum and competitiveness after that needs significant internal restructuring, the ICCB has said.
An editorial in its latest newsletter said unless productivity improves and the country diversifies into new markets and higher-value apparel categories, the RMG industry’s edge may weaken.