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Trade preferences for Asia-Pacific Least Developed Countries and developing economies: 2026 updates

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Trade preferences for Asia-Pacific Least Developed Countries and developing economies: 2026 updates

The graduation of Bangladesh, Lao PDR, and Nepal have been scheduled for November 2026. Bangladesh's recent request for a deferral to 2029 highlights the structural difficulties of losing 'Everything But Arms' (EBA) status. Overall, preference erosion is estimated to threaten approximately US$7-10 billion in annual export earnings for the region, based on estimates generated using the Trade Intelligence and Negotiation…

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