Bangladesh has formally applied to the United Nations to postpone its graduation from the Least Developed Countries (LDC) category by three years. A letter signed by Economic Relations Division (ERD) Secretary Md. Shahriar Kader Siddiqui was sent to the UN Committee for Development Policy (CDP) last Wednesday, requesting that the graduation preparation period be extended until November 24, 2029. The country was originally scheduled to graduate on November 24 this year, with the third review process currently underway.

The letter cited multiple global and domestic challenges, including the economic impacts of the Russia-Ukraine war, rising energy and food prices, global monetary tightening, and supply disruptions in shipping. Domestically, declining investment, slower revenue growth, and reduced GDP growth have hindered structural reforms. The government noted that uncertainty over GSP Plus access in European markets and policy shifts by major trading partners could further strain competitiveness.

Following the CDP meeting from February 24–28, a preliminary assessment report is expected within two weeks, with final recommendations and a decision anticipated in September.