Cambodia ready to exit LDC status

Cambodia is well-prepared to minimise economic risks when it graduates from its Least Developed Countries status, according to a senior official at the Ministry of Commerce on May 7. Four LDCs – Cambodia, Laos, Bangladesh and Nepal – met at a virtual workshop last week to explore potential solutions for managing a smooth exit from their UN designations, discuss potential challenges in the post-LDC era, and assess the impact of Covid-19 on the textile and garment sectors. …

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-ready-exit-ldc-status