Nepal Seeks LDC Graduation Deferral to 2029 Citing Economic Concerns
Nepal has formally requested the United Nations to postpone its graduation from Least Developed Country (LDC) status to November 2029, citing significant economic challenges. The Ministry of Foreign Affairs has cited five key reasons for the deferral, including the impact of regional conflicts, risks to preferential market access, and slow transition preparations.
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18 hours ago