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Context: Recently, the General Assembly adopted a 10-year action programme to address the unique challenges faced by landlocked developing countries, a historic cybercrime convention and the $3.72 billion United Nations budget for 2025.
Adopting a draft resolution titled Programme of Action for Landlocked Developing Countries for the Decade 2024–2034, the 193-member Assembly called upon all relevant stakeholders to commit to implementing the instrument, which outlines a series of commitments for action across five priority areas.
They included structural transformation and science, technology and innovation;
trade, trade facilitation and regional integration;
transit, transport and connectivity;
enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change and disasters; and
means of implementation.
Boost labour productivity & job opportunities across all sectors by 50% by 2034.
Provide support to develop special economic zones, industrial parks, etc.
Reduce/eliminate arbitrary & unjustified non-tariff barriers & double their global merchandise exports by 2034.
Effective implementation of WTO Agreement on Trade Facilitation in all LLDCs.
Reduce disaster risk in LLDCs through full implementation of Sendai Framework for Disaster Risk Reduction 2015– 2030.
Landlocked countries are countries that do not have direct access to the sea. There are 32 LLDCs with a population of about 570 million.
Liechtenstein & Uzbekistan are doubly landlocked countries (surrounded by other landlocked countries).
Hurdles in Trade: Relying on transit nations, leads to higher trade costs, delays & reduced competitiveness in global markets.
Slower Economic Growth: Due to limited trade & export opportunities, reduced FDI etc.
Global merchandise exports from LLDCs accounts for just 1.1% of total global exports (2022).
By: Shubham Tiwari ProfileResourcesReport error
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