Preparatory period for LDC graduation extended to November 24, 2029

The United Nations General Assembly has extended the preparatory period required for Nepal and Bangladesh to graduate from the list of least developed countries (LDCs).
According to the Assembly's decision, the preparatory period for both countries will now run until November 24, 2029.
Following this decision, Nepal and Bangladesh have been given additional time to complete the necessary preparations before exiting the LDC list.
Both countries are in the process of graduating from LDC status simultaneously. They will leave the list once the preparatory period is complete.
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