By consensus, the United Nations General Assembly officially adopted a specific resolution concerning the Least Developed Countries category. The newly approved text pushes the designated preparatory timeline further into the future for selected nations, giving them additional time before their official economic graduation takes place. According to the adopted text, the transition deadline has now been moved forward to 24 November 2029. This adjustment applies directly to both Nepal and Bangladesh, allowing both administrations extra room to implement their ongoing economic strategies and development frameworks without immediate pressure. Officials noted that the extended timeframe will specifically aid local efforts tied to the broader global agenda for sustainable development. Furthermore, the adjusted schedule is designed to align with the strategic goals outlined in the international action programme, ensuring that the economic transition remains steady and permanent.
World & DiasporaUpdated
UN extends graduation preparatory period for LDC status
The United Nations General Assembly has agreed by consensus to push back the graduation timeline for two nations.
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In short
- The United Nations General Assembly adopted resolution 81/L.8 by consensus.
- The preparatory period is extended until 24 November 2029 for two nations.
- The extension supports sustainable development goals and a sustainable transition.
From public sources and the WeNepal research team
https://wenepal.com/article/un-extends-graduation-preparatory-period-for-ldc-status-20261030
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