Bangladesh graduates LDC status: An achievement or challenge for the RMG sector

Abstract

In 1971 the United Nation comes for a concept known as LDC. In this concept they enlisted non-developed countries. Bangladesh is one of this enlisted country. Because of Bangladesh's LDC status, it gets many benefits from developed country in international trade. Many developed country offered duty-free, quota-free (DFQF) tariff in trade for Bangladesh. Recently, Bangladesh is trying to graduate from LDC status. In this study, it is tried to find out what kind of PTA Bangladesh enjoy with its trading partner countries and what kind of PTA it will get after graduation from LDC status.