UN Extends Nepal's LDC Graduation Period Until 2029

The United Nations announced on October 30, 2026, that Nepal's LDC graduation period has been extended until 2029. Nepal was originally scheduled to graduate in 2026, but the extension provides additional time to meet economic indicators such as GDP per capita, human assets, and economic structure. The decision recognizes Nepal's progress in economic development and its commitment to meeting LDC graduation criteria. The extension is part of the United Nations' efforts to support developing countries in their economic development. It allows Nepal to continue receiving preferential treatment in international trade and development assistance. The LDC graduation process is a key part of the United Nations' development agenda, and the extension is expected to provide Nepal with additional time to address remaining challenges in its economic development. The decision was made by the United Nations to provide Nepal additional time to meet the criteria for graduation. The extension is a recognition of Nepal's progress in its economic development and its commitment to meeting the LDC graduation criteria. The United Nations has been working with Nepal to support its economic development and meet the LDC graduation criteria.