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The Financial Express

Investment Summit day 3: LDC graduation, shaping business landscape in focus

| Updated: November 19, 2021 19:59:23


Investment Summit day 3: LDC graduation, shaping business landscape in focus

The transformation of Bangladesh and preparedness of its economy after LDC graduation will come up for discussion at a webinar today (Thursday).

The discussants may try to find out the possible way-outs to make a strong economic base for fostering Bangladesh’s journey of becoming a developed country by 2041.

The webinar on “LDC Graduation of Bangladesh: Transformation and Preparedness” is being organised as part of the Bangladesh Trade & Investment Summit 2021, jointly organised by the Ministry of Commerce and Dhaka Chamber of Commerce and Industry (DCCI).

Dr Ahmad Kaikaus, Principal Secretary to the Prime Minister, is scheduled to join the webinar as the chief guest.

The issue of Bangladesh’s graduation from the least developed country status bears special significance as the country is poised to graduate into a developing economy by 2026 as reported by UNCDP.

After LDC graduation, Bangladesh will lose many preferential facilities while the country will have the possibility to become one of the strongest economies in the world.

As part of the summit, another webinar will be held with the theme “Shaping Business Landscape: Economic Cooperation of Middle East & Bangladesh”.

As Bangladesh moves towards becoming a developing country, it is high time to shape the Business Landscape between Bangladesh and Middle Eastern countries for greater integration of economic cooperation and remove the challenges of bilateral and regional trade and investment and make the relationship into a prosperous one.

The discussants may highlight bilateral trade and investment, energy cooperation, manpower and security issues that Bangladesh and the Middle Eastern region can benefit from.

Dr Mashiur Rahman, Economic Affairs Adviser to the Prime Minister, is expected to attend the webinar as the chief guest.

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