Bangladesh decentralised lots of supply chains: WTO DG

WTO Director-General Ngozi Okonjo-Iweala praised Bangladesh for decentralizing supply chains through tech parks. She highlighted new opportunities for developing economies in global supply chain diversification, digitalization, and de-carbonization efforts. Okonjo-Iweala emphasized the importance of improving local conditions to attract FDI and maximize its benefits. She also confirmed that countries like Bangladesh and Nepal will continue to receive trade benefits for some time after graduating from LDC status in 2026, as agreed at the recent WTO Ministerial Conference.READ FULL