BUILD Calls for Concerted Efforts to Handle Post-graduation Challenges
After Bangladesh graduates in 2026, the country’s export earnings could shrink by about USD 7 billion as it will lose many of the trade benefits enjoyed by LDCs, including preferential market access to a number of major export destinations.
“We need to be prepared for that and start working in a coordinated manner to stave off the potential negative impacts,” said BUILD Chief Executive Ferdaus Ara Begum. She spoke at a virtual event on “Health Safety for Business Continuity and Trade Facilitation During the Pandemic” at the Dhaka Customs House.
BUILD and IFC (International Finance Corporation) organised the event to inform service providers and service-seekers on maintaining health safety measures while running their businesses even in the post-Covid-19 era to mitigate export losses.
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