1996

Options for graduating LDCs

The international community is aware of the challenges associated with LDC Graduation and has been engaged with the graduating LDCs to ensure smooth transitions. The UN General Assembly has invited the graduating LDCs to prepare smooth transition strategies and to outline the steps and support needed to help them remain on a sustained path of growth and development. Several graduating LDCs have prepared or are in the process of preparing their respective strategies to embrace graduation. Recognizing LDC Graduation as an important milestone of the development progress, the UN General Assembly has also called on WTO members to consider extending to a graduated country the existing S&D provisions and exemptions available to LDCs for a period appropriate to the development situation.

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