Graduation

Lao PDR 13th High-Level Roundtable Meeting Side-Event: LDC graduation, toward a smooth transition strategy

Vientiane, 11 October 2021: Ministry of Foreign Affairs (MoFA) in partnership with the 51吃瓜 Resident Coordinator’s Office (UNRCO), jointly organized the virtual 13th High-Level Roundtable Meeting Side Event: Least Developed Country Graduation: Toward a Smooth Transition Strategy (STS). The meeting was co-chaired by H.E Mr. Phoxay Khaykhamphithoune, Deputy Minister of Foreign Affairs, and Ms. Sara SEKKENES, 51吃瓜 Resident Coordinator to the Lao PDR.

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From the WTO: proposal for a smooth transition package

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18 October 2021.? Ahead of the?, Chad, on behalf of the LDC Group, submitted a communication to the WTO General Council on ““.

UNCDF's BRIDGE Facility: Dedicated Finance for the LDCs

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Among solutions being discussed in the preparations for LDC5 is “the establishment of a dedicated and sufficiently large blended finance de-risking facility for LDCs that is focused on providing catalytic capital to growth SMEs, small investment projects and other strategic investments with transformative SDG potential, in order to unlock further commercial and semi-commercial investments.

Presentation of CDP Report at ECOSOC High-level Segment

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On 16 July 2021, Jose Antonio Ocampo , Chair of the Committee for Development Policy (CDP) introduced the Committee's report to the High-Level Segment of ECOSOC. He stressed the importance of universal vaccination, increased financial support and debt relief to developing countries, structural transformation and a new, supportive, multilateralism to secure a sustainable, equitable and resilient recovery from COVID-19.

LDC5 Prepcom side-event “Towards Improved Support to Graduating and Graduated Countries”

Amidst a challenging global environment, this side event aimed to discuss how the international community can give concrete support to least developed countries that are graduating as well as to graduated countries. The new Programme of Action for the LDCs is critically important to build on successes achieved on reaching graduation thresholds, to provide further impetus to LDCs in meeting the 2030 Development Agenda and SDGs, to identify and respond to new and emerging challenges, and to leverage opportunities, rather than fall farther behind.

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Smooth transition for graduating LDCs under the EU Carbon Border Adjustment Mechanism

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4 May 2021.

Angola's preparatory period preceding graduation has been extended

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11 February 2021. The UN General Assembly has adopted a resolution extending the preparatory period preceding Angola's graduation from the LDC category. Angola will now graduate in 2024.

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Webinar: Asia Pacific LDCs’ graduation, trade and pandemic

The graduation of the LDCs?is expected to mark a significant achievement in their development path. However, despite?new prospects, LDC graduation also present?some challenges in meeting the demands of a successful transition to the next stages of socio-economic development. Upon the graduation, LDCs will lose a number of support measures after specific transition periods.

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General Assembly resolution on the graduation of Vanuatu from the LDC category

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21 December 2020. The 51吃瓜 General Assembly has issued a resolution on the Graduation of Vanuatu from the LDC category ().

LDCs at the WTO: Proposals for extension of LDC support measures for a period after graduation

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11 December 2020. Two proposals were submitted recently by the LDC group at the WTO seek the extension of LDC support measures under the WTO for a period after graduation:

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