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Finance Minister A H M Mustafa Kamal on Saturday said graduation from the Least Developed Country (LDC) status would be a matter of great honour and pride for the country.
"Such pride and prestige cannot be quantified," the Minister said, while speaking as the chief guest of an online workshop on 'Effective Partnership with the Private Sector for Sustainable Graduation.'
The minister also called on the private sector of the country to enhance their in-house research and development capacity to cope with the upcoming 4th Industrial Revolution as well as LDC Graduation, according to UNB.
"Graduation from LDC status would be a manifestation of the dream of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman. This is also a recognition of the unprecedented development strides the country has made under the valiant leadership of the Prime Minister Sheikh Hasina," he added.
Kamal also noted that Bangladesh has shown incredible resilience during all the previous global crises.
"Likewise, we would be able to adjust very well with the upcoming dynamics that would be ushered in with graduation from LDC status," he said.
Speaking during the workshop, Commerce Minister Tipu Munshi said Bangladesh should start preparing for the gradual withdrawal of international support measures (ISMs).
"The country should move towards signing of free trade agreements or preferential trade agreements in the long term to cope with the post-graduation scenario," he also said.