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How can the international community turn some of the world’s poorest, landlocked countries, into thriving, land-linked nations? At UN Headquarters, Member States will renew commitments they have made, to lift the 32 countries designated as Landlocked Developing Countries, or LLDCs, out of poverty.
The two-day event in New York is officially known as the Midterm Review of the Vienna Programme of Action For Landlocked Countries, a 10-year initiative to improve the economies of the LLDCs, which suffer from, amongst other things, their challenging geography: they are often remote from world markets, lack access to sea ports, and are dependent on conditions in neighbouring countries which are often developing economies themselves.
LLDCs also face high trade and transport costs, as well as limited or low-quality infrastructure challenges. There can be frequent delays at borders, and bottlenecks related to customs procedures and border crossing regulations; productivity constraints; and structural weaknesses. Because of these factors, the level of development of LLDCs is about 20% lower than it would be if they had some kind of sea access.
The Midterm Review is the time to review progress, identify gaps and propose innovative solutions to accelerate implementation of the Vienna Programme over the next five years.
Since the adoption of the Vienna Programme of Action, there has been significant development of regional, sub-regional and multilateral initiatives amongst LLDCs and transit countries to support transit transport.
For example, Afghanistan, India and Iran signed a transport and transit corridor agreement in 2016; Bangladesh, Bhutan, India and Nepal entered into a Motor Vehicles Agreement in 2015; China, Mongolia and the Russian Federation are implementing a trilateral agreement for building of a trilateral economic corridor; the Eurasian Economic Union, which includes three LLDCs, adopted a new customs code in 2018; and the Agreement on River Transport for the Paraguay-Paraná Waterway was signed by the Latin American LLDCs and transit countries.
Some transit transport corridors involving LLDCs – such as the Central Corridor and the Trans-Kalahari Corridor in Africa and the road corridors under the Central Asia Regional Economic Cooperation (CAREC) Programme – have managed to achieve the specific objective of the Vienna Programme of Action to reduce travel time along corridors, with the aim of allowing transit cargo to move a distance of 300 to 400 km every 24 hours.
Many LLDCs are also making progress in various areas, such as access to energy and ICT (information and communication technology) and structurally transforming and diversifying their economies.
Armenia has supported the ICT sector to become one of the leading sectors in its economy, promoting technology innovation and productivity growth.
Botswana has created very attractive and highly competitive macroeconomic and business environment and is now amongst the top-rated economies in Sub-Saharan Africa, with well-articulated and sophisticated trade and development vision and policies.
Original source: UN News
Published on 04 December 2019