Friday, March 29, 2024

Structural trade barriers negatively affecting Land Locked Developing Countries-Lungu

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Edgar Chagwa Lungu (second from right) being welcomed by his Special Assistant for Economy and Development Affairs Hibeene Mwiinga (second from left) at Palace Hotel in New York on Thursday,September 24,2015. PICTURE BY SALIM HENRY/STATE HOUSE ©2015
Edgar Chagwa Lungu (second from right) being welcomed by his Special Assistant for Economy and Development Affairs Hibeene Mwiinga (second from left) at Palace Hotel in New York on Thursday,September 24,2015. PICTURE BY SALIM HENRY/STATE HOUSE ©2015
President Edgar Lungu says structural trade barriers are negatively affecting Land Locked Developing Countries’-LLDC- access to global markets.

President Lungu who is Chairperson of the LLDC grouping has told the 70th United Nations-UN- General Assembly that capacity constraints are also limits the countries’ development.

ZNBC’s Kennedy Bwalya reports that President LUNGU said this when he addressed a LLDC Heads of State High Level Forum at the on-going UN General Assembly in New York.

President Lungu is however, hopeful that World Trade Organisation member states will conclude outstanding multilateral negotiations during the-WTO- meeting billed for Nairobi, Kenya in December 2015.

And the President of the 70th UN General Assembly, Mogens Lykketoft noted that being land locked exposes countries to great vulnerabilities while limiting their investment potential.

At the same forum, Lesotho Prime Minister Dr. Pakalita Mosisili called for the establishment of a special fund for LLDCs infrastructure development.

2 COMMENTS

  1. On the other hand we have eight neighbours we can do business with, opportunity to create rail, road, water and air infrastructure and so forth. Or should we doom and gloom that we were Rhodes etched and birthed at Congress of Berlin, for eternity. Seems South Africa with all its ocean advantage likes dealing with landlocked poor you. One way profitable traffic too!

  2. We do not even have toll fees for trucks that pass in Zambia. In SA which is not land locked toll gates are every few kilometers. Only good at spotting disadvantages. Locally we have politicians under fives who say people cannot eat roads. Not sure what will happen to Zambia for positive thinking to enter people’s heads.

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