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What LDC graduation will mean for Bangladesh¡¯s drugs industry
Document Summary:
It¡¯s of some concern, then, that if Bangladesh potentially leaves the LDC category in 2024 it¡¯ll no longer have access to a special World Trade Organisation (WTO) waiver which exempts the industry from the Agreement on Trade-Related Aspects of International Property Rights (TRIPS). The exemption has allowed government to pursue a dedicated industrial policy that¡¯s spurred growth until now.
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