Monday, 19 October 2026 · 02 Kartik 2083 B.S.
KathmanduThe measure of Nepali businessnepalstandard.com
NEPSE2,634.17 ▲ +8.2316 OctTurnoverRs 4.88 bn 16 OctUSD/NPR152.24 0.0018 OctEUR/NPR171.38 0.0018 OctGold / tolaRs 289,700 ▼ −40018 OctSilver / tolaRs 4,100 ▼ −5018 OctRemittance FY25/26Rs 2.36 trn ▲ +37.1%8 OctFX reserves18.8 mo imports8 OctInflation5.96% 8 Oct
Timeline · 1971–2026

Nepal's LDC graduation

Nepal's path out of the UN's least developed country group, from first meeting the criteria to its request for more time.

By The Standard’s desk · 13 events, each linked to its source · All Trade coverage

  1. Nepal was included in the UN list of least developed countries.

    UN DESA
  2. At the Committee for Development Policy's triennial review, Nepal met the criteria for graduation from the LDC category for the first time.

    UN-OHRLLS
  3. Nepal met the criteria for a second time, but the committee did not recommend graduation, citing concerns about the sustainability of its progress, and deferred its decision to 2021. Nepal had asked for a deferral while it recovered from the 2015 earthquake.

    UN-OHRLLS
  4. The committee recommended Nepal's graduation with a five-year preparatory period, longer than the usual three because of the Covid-19 pandemic.

    Permanent Mission of Nepal to the UN
  5. The UN Economic and Social Council (ECOSOC) adopted a resolution endorsing the recommendation that Nepal graduate.

    UN General Assembly, A/RES/76/8
  6. The UN General Assembly adopted resolution 76/8, giving Bangladesh, Lao PDR and Nepal a five-year preparatory period before graduation on an exceptional basis.

    UN General Assembly, A/RES/76/8
  7. The EU ambassador to Nepal said that after graduating in 2026, Nepal would keep full Everything But Arms access for a three-year transition period ending in 2029.

    The Himalayan Times
  8. The National Planning Commission published Nepal's LDC Graduation Smooth Transition Strategy.

    UN LDC Portal
  9. The EU delegation said duty-free access under Everything But Arms would end after the three-year transition, and that GSP+ would require an application and the ratification and implementation of international conventions.

    EU Delegation to Nepal
  10. The UN list of least developed countries gave 24 November 2026 as the scheduled graduation date for Bangladesh, Lao PDR and Nepal.

    UN DESA
  11. Nepal wrote to the chair of the Committee for Development Policy asking for graduation to be postponed to November 2029, citing geopolitical tensions, supply chain disruptions and their effect on remittances.

    The Kathmandu Post
  12. ECOSOC recommended by consensus that the General Assembly decide before 24 November 2026 on requests from Bangladesh and Nepal for a three-year extension of their preparatory period.

    The Daily Star
  13. A Bangladeshi official said a General Assembly decision on the deferral requests from Bangladesh and Nepal was likely in October or early November.

    The Financial Express (Bangladesh)

How this timeline was made: compiled by The Standard’s desk with AI assistance from the sources linked under each event, and checked against them. Allegations are allegations; an arrest or charge is not a finding of guilt. Spotted an error? Write to [email protected].

Our reporting

Timeline: Nepal's LDC graduation · The Nepal Standard