PM stresses enhanced trade infrastructure, productive capacity for LDCs

PM stresses enhanced trade infrastructure, productive capacity for LDCs

Prime Minister Sheikh Hasina today said the least developed countries (LDCs) must focus on enhancing their trade-related infrastructure, building productive capacity and utilising preferential market access to be competitive in the global market.

“For achieving these objectives, LDCs require support and investment for connectivity, human capital, trade finance and technology transfer,” she said.

The premier made this remarks while co-chairing the high-level thematic round table “Enhancing participation of least developed countries in international trade and regional integration” at the 5th United Nations Conference on LDCs at Qatar National Convention Centre (QNCC).

She said trade will continue to remain a key driver of development for graduating and graduated LDCs.

Sheikh Hasina said the graduating LDCs need extension of LDC-specific support measures, such as preferential market access and the TRIPS waiver for a certain period after graduation.dhngkfdvk

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