New York [US], India on Monday (local time) underlined its commitment to address the unique challenges faced by Landlocked Developing Countries (LLDCs) and support their sustainable development through the India-UN Development Partnership Fund. Did.
India's Deputy Permanent Representative to the UN, Yojana Patel, while delivering a statement at the second session of the Preparatory Committee for the Third UN Conference on Landlocked Developing Countries on Monday said India is sensitive to the challenges faced by LLDCs and is committed to effective cooperation. Gives priority. Between LLDCs and transit countries, particularly on transit and trade facilitation.
In his address, Patel said, “Due to the COVID-19 pandemic and geopolitical conflicts, the last part of the implementation period of the Vienna Program witnessed a reversal of the socio-economic benefits that had been achieved by landfall.” This period in developing countries was impacted by global supply chain disruptions and rising prices of food, fuel and fertilizers, which further increased trade and logistics costs for LLDCs.,
Yojana Patel said long-term issues such as trade and transit barriers, unsustainable debt and natural resource dependence have been major challenges for LLDCs.
He said, "Long-term issues such as trade and transit barriers, unsustainable debt and natural resource dependence have been major challenges for LLDCs. As a transit country, India is sensitive to these challenges faced by LLDCs and is committed to providing effective solutions to the LLDCs." Gives priority to cooperation." and transit countries, particularly on transit and trade facilitation, which are important steps towards making transport and commerce efficient and effective, these are all important action points identified in the very detailed action plan that we will pursue during this PREPCOM. "
He also talked about the Bangladesh, Bhutan, India, Nepal (BBIN) initiative.He also announced that cooperation under BBIN is being discussed in various sectors including power, water resources management, inland waterways and railway connectivity.
Highlighting India's cooperation with landlocked developing countries, Yojana Patel said, "India is also pursuing extensive cooperation with LLDCs in the context of its Development Partnership Program and through the India-United Nations Development Partnership Fund. For example, in landlocked countries in Africa, we are involved in projects that directly contribute to enhancing people's quality of life, from power projects and IT-related projects to major infrastructure and water projects."
He further said, “Closer to home, the Bangladesh, Bhutan, India, Nepal (BBIN) Initiative to strengthen economic cooperation and transport connectivity aims to assist landlocked Nepal and Bhutan and provide BBIN countries with greater access to global supply chains. There is also cooperation under BBIN.“The areas of power, water resources management, inland waterways and railway connectivity are being discussed.”
Yojana Patel said India looks forward to making further contributions to the LLDC3 conference to be held later this year. He further added, “I am happy to inform you that India has already contributed US$300,000 towards the conference and looks forward to participating at the highest possible level."
India's Deputy Permanent Representative to the UN, Yojana Patel, while delivering a statement at the second session of the Preparatory Committee for the Third UN Conference on Landlocked Developing Countries on Monday said India is sensitive to the challenges faced by LLDCs and is committed to effective cooperation. Gives priority. Between LLDCs and transit countries, particularly on transit and trade facilitation.
In his address, Patel said, “Due to the COVID-19 pandemic and geopolitical conflicts, the last part of the implementation period of the Vienna Program witnessed a reversal of the socio-economic benefits that had been achieved by landfall.” This period in developing countries was impacted by global supply chain disruptions and rising prices of food, fuel and fertilizers, which further increased trade and logistics costs for LLDCs.,
Yojana Patel said long-term issues such as trade and transit barriers, unsustainable debt and natural resource dependence have been major challenges for LLDCs.
He said, "Long-term issues such as trade and transit barriers, unsustainable debt and natural resource dependence have been major challenges for LLDCs. As a transit country, India is sensitive to these challenges faced by LLDCs and is committed to providing effective solutions to the LLDCs." Gives priority to cooperation." and transit countries, particularly on transit and trade facilitation, which are important steps towards making transport and commerce efficient and effective, these are all important action points identified in the very detailed action plan that we will pursue during this PREPCOM. "
He also talked about the Bangladesh, Bhutan, India, Nepal (BBIN) initiative.He also announced that cooperation under BBIN is being discussed in various sectors including power, water resources management, inland waterways and railway connectivity.
Highlighting India's cooperation with landlocked developing countries, Yojana Patel said, "India is also pursuing extensive cooperation with LLDCs in the context of its Development Partnership Program and through the India-United Nations Development Partnership Fund. For example, in landlocked countries in Africa, we are involved in projects that directly contribute to enhancing people's quality of life, from power projects and IT-related projects to major infrastructure and water projects."
He further said, “Closer to home, the Bangladesh, Bhutan, India, Nepal (BBIN) Initiative to strengthen economic cooperation and transport connectivity aims to assist landlocked Nepal and Bhutan and provide BBIN countries with greater access to global supply chains. There is also cooperation under BBIN.“The areas of power, water resources management, inland waterways and railway connectivity are being discussed.”
Yojana Patel said India looks forward to making further contributions to the LLDC3 conference to be held later this year. He further added, “I am happy to inform you that India has already contributed US$300,000 towards the conference and looks forward to participating at the highest possible level."
