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UNCTAD Releases 25th Least Developed Countries Report

UNCTAD Releases 25th Least Developed Countries Report

United Nations Conference on Trade and Development (UNCTAD) released the 25th version of UNCTAD’s flagship publication Least Developed Countries Report 2021. The first report was published in 1996.

The latest report focuses on the Least Developed Countries (LDCs) socio-economic situation in the post-Covid world and the LDCs’ journey over five decades, according to those who have knowledge about the report.

Currently, forty-six (46) countries are categorised as LDCs by the United Nations (UN).

Of the 46 LDCs, thirty-six (36) are now members of the World Trade Organization (WTO). These include Afghanistan, Angola, Bangladesh, Benin, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Congo, the Democratic Republic of the Djibouti, Gambia, Guinea, Guinea Bissau, Haiti, Lao People’s Democratic Republic, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mozambique, Myanmar, Nepal, Niger, Rwanda, Senegal, Sierra Leone, Solomon Islands, Tanzania, Togo, Uganda, Yemen, and Zambia.

Bhutan, Comoros, Ethiopia, Sao Tomé & Principe, Somalia, South Sudan, Sudan, and Timor-Leste are negotiating to join the WTO.

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