UN Conference on LLDCs: PM Oli co-chairs roundtable on Trade Facilitation and Regional Cooperation

Awaza: Prime Minister KP Sharma Oli has co-chaired a roundtable on “Trade and Commerce Facilitation and Regional Cooperation” as part of the Third United Nations Conference on Landlocked Developing Countries.

Earlier, the Prime Minister addressed the Third United Nations Conference on Landlocked Developing Countries in Awaza, Turkmenistan on behalf of the Group of Least Developed Countries.

Prime Minister Oli has stressed the need for stronger political will and renewed global partnerships to address the persistent challenges faced by Landlocked Developing Countries.

Prime Minister Oli highlighted the ongoing structural barriers faced by LLDCs, including geographical isolation, high trade and transit costs, inadequate transport networks, and limited regional and global market access.

He also underlined the importance of the Awaza Programme of Action in tackling these barriers, describing it as a renewed opportunity to unlock the development potential of LLDCs.

The Prime Minister called for “smarter investments, inclusive partnerships and coordinated action” to transition Landlocked Developing Countries into “land-linked, trade-competitive, and climate-resilient” economies.

Prime Minister Oli concluded that geography must no longer determine destiny and affirmed Nepal’s readiness to work collectively as a partner in shaping a resilient and connected future for all Landlocked Developing Countries.