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We aim to bring prosperity, inclusiveness and sustainability to developing countries through trade-related development assistance.
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Lao People’s Democratic Republic could lose 7.3%, or $734 million, of exports when graduating from least developed country (LDC) status. The most affected sectors will be natural rubber and latex, paper products and apparel, with losses largely in Chinese and European markets.
Nepal could lose 4.3% of exports because of tariff changes when it graduates from least developed country status in 2026. The removal of preferential tariffs will especially affect the apparel, synthetic textile fabric and carpet sectors. Losses will mostly occur in exports to China, the European...
