EU, G77 support Bangladesh LDC graduation
Analysis based on 10 articles · First reported Jul 17, 2026 · Last updated Jul 17, 2026
The reaffirmed international support bolsters investor confidence in Bangladesh's economic transition and trade prospects. The potential EU free trade agreement could enhance Bangladesh's export competitiveness, particularly in garments and leather goods.
The European Union (EU) and the Group of 77 and China (G77) have reaffirmed their support for Bangladesh's efforts to ensure a smooth, sustainable and irreversible graduation from the Least Developed Country (LDC) category. The assurances came during separate meetings at the United Nations Headquarters between Bangladesh Commerce Minister Khandaker Abdul Muktadir and EU Ambassador Stavros Lambrinidis, and G77 Chair Laura Dupuy Lasserre. Muktadir explained Bangladesh's request for a three-year extension of the LDC graduation preparatory period, citing economic and political transition, global uncertainties, and energy challenges. Lambrinidis commended Bangladesh's governance commitment and welcomed discussions on a Bangladesh-EU Free Trade Agreement. Lasserre acknowledged the strength of Bangladesh's case and proposed a dedicated briefing for G77 member states. The meetings included other Bangladeshi officials and industry representatives.
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