Core Viewpoint - Nepal is set to transition from a Least Developed Country (LDC) to a developing country by November 2026, ending a 55-year status, which is expected to enhance its international image and investment environment [1] Group 1: Economic Implications - The transition is anticipated to improve Nepal's credit rating and attract foreign investment [1] - The World Bank will increase loan interest rates for Nepal from 0.75% to 1.5% starting July 2025, with repayment terms reduced from 40 years to 30 years [1] - Nepal will lose trade preferences, international aid, and low-interest loans associated with its LDC status, potentially impacting funding in health and education sectors [1] Group 2: Government Strategies - The Nepalese government has developed a "smooth transition strategy" and established multiple committees to oversee its implementation [1] - Measures to enhance national competitiveness include legal revisions, procurement policy optimization, and infrastructure development [1] - The government aims to transform Nepal from a "landlocked" to a "land-linked" country to attract more foreign investment [1]