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Reducing trade deficit with China

Nepal has requested for preferential treatment of its primary products in bilateral trade with China to help address the widening trade deficit between the two countries. During the 15th meeting of the Bilateral Diplomatic Consultation Mechanism held in Beijing on Friday, Nepal's Foreign Secretary Bharat Raj Paudyal, who led the Nepali delegation, proposed preferential treatment of Nepal's primary products such as tea, coffee, herbal products, cooked buffalo meat, and other agricultural products. ....

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Lessons for Bangladesh as a graduating LDC

As per the decision of the UN General Assembly held in November 2021, Bangladesh is set to graduate out of the group of least developed countries (LDCs) on November 24, 2026, about 50 years after it first became a member of this cohort of developing countries in December 1975. ....

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