Overseas. He hoped that the large volume of export revenues in emerging markets will provide landlocked developing countries a boost capital investment to facilitate regional integration in capital markets. It.
Adoption. The World Bank and the United Nations Conference Trade and Development (UNCTAD) should continue to work on indicators and monitoring devices common reliable, he said. Geography can be binding, but no ‘there is no reason for it dictates the destiny of a country, he said before concluding.
Mr. ALEMU Desalegn (Ethiopia) found that reassuring landlocked developing countries now receive greater attention in many international forums. Examination of specific and difficult situation is entered more and more to the agenda, especially of high-level business meetings, it was bliss. Despite these encouraging developments, he said, these states continue to face many challenges because of their geographical handicap that hampers their efforts to reduce poverty and improving the quality of life of their inhabitants. He therefore stressed the importance of collaboration with neighboring countries who have access to the sea in mind, however, that these countries meet their neighbors own problems, like lack of infrastructure or their position in a less economically integrated region.
The representative of Ethiopia underlined the importance for landlocked developing countries have a special market access to make their products more competitive. He also asked for financial and technical assistance for these countries to s equipping of infrastructure such as railways, highways and ports. He also called for better coordination of efforts and sharing of experiences between different regions of the world. Alemu was finally assured that his country will make every effort to fully implement the Almaty Programme of Action. We should all strive to achieve these ideals in practice, he suggested.