Bangladesh Wins 3-Year LDC Extension to 2029 as EU Apparel Imports Fall $445.5 Million

Bangladesh's LDC graduation has been extended to November 24, 2029, with EU duty-free access potentially running into late 2032. TexPro data shows EU imports from Bangladesh in six apparel categories fell 4.69 percent, or $445.5 million, in January–July 2026, as China and Vietnam gained share. Around 690 garment factories suspended production days later amid wage protests.