BNP’s Acting Chairman Tarique Rahman has urged Bangladesh to take precautionary measures to address risks and challenges following its graduation from the Least Developed Countries (LDC) category.

He warned that the economy and people’s livelihoods may come under strain, with the garment sector particularly vulnerable. Post-graduation, Bangladesh will lose access to WTO trade benefits and subsidies, likely driving up the price of essential medicines.

“To remain competitive, the country must boost productivity, strengthen trade logistics, and invest in modern infrastructure,” he wrote, emphasizing urgent action to protect businesses amid shrinking reserves and rising debt.