KATHMANDU, Oct 31: The United Nations General Assembly has unanimously endorsed Nepal’s request for a three-year extension to prepare for graduation from the Least Developed Country (LDC) category.
KATHMANDU, Oct 31: The United Nations General Assembly has unanimously endorsed Nepal’s request for a three-year extension to prepare for graduation from the Least Developed Country (LDC) category.
Read full story at source ( myrepublica.nagariknetwork.com )
Compare how 2 other independent news outlets reported on this story.
Nepal has secured an extension of its Least Developed Country (LDC) graduation preparation period until November 24, 2029, after the United Nations General Assembly unanimously approved a proposal granting Nepal and Bangladesh additional time to prepare for the transition.
Nepal and Bangladesh have been given three more years to strengthen their economies and prepare for the loss of trade preferences and other support available to least developed countries.
