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Bangladesh should devise a strategy for the upcoming 13th WTO Ministerial Conference so that it can push for the retention of its trade benefits as a least developed country for three years past the LDC graduation in 2026, said an economist yesterday.
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh’s coffers and bring down the rates gradually since the country can’t provide such subsidies once it becomes a developing nation.