UN grants Nepal three more years to prepare for LDC graduation
Summary
The United Nations General Assembly has granted Nepal a three-year extension to prepare for graduation from the Least Developed Country category, pushing the deadline to November 24, 2029. Nepal also secured $21.6 million from the Fund for Responding to Loss and Damage for survivors of the Bhotekoshi floods and announced plans for climate and border security cooperation.
Key Points
- The UN General Assembly unanimously endorsed Nepal’s request for a three-year extension to prepare for LDC graduation, extending the deadline to November 24, 2029.
- Nepal will receive US$21.6 million from the Fund for Responding to Loss and Damage to support survivors of the Bhotekoshi floods.
- Nepal is preparing for participation in COP31 in Türkiye and plans to sign a climate cooperation framework with South Korea.
- The Foreign Ministry also reported border-security talks with India, efforts to reopen border points with China, and the rescue of 860 Nepalis from online fraud in Southeast Asia.
