Poorest Landlocked Nations must be heard on Trade
Facilitation, DG tells UN Meeting
Landlocked
developing countries face some very specific challenges which can obstruct
their integration into the global economy.
The poorer the country, and the fewer resources it has,
the more difficult these challenges can be to overcome.
This is not acceptable in the 21st century, when we
have the technology in transport and communications to eliminate distance as an
economic issue, WTO DG said.
So, in the few minutes I have now, I want to talk
briefly about two ways that the WTO can help to improve this situation.
The first area of our work that I’d like to mention is
the Aid for Trade initiative.
LLDCs receive comparatively less foreign direct
investment than coastal states — and of course they need more help to deal with
their specific challenges, such as diversifying export markets, for example, or
dealing with bottlenecks in transit.
The Aid for Trade initiative can help to fill this gap.
The most recent figures available on Aid-for-Trade flows indicate that
commitments to LLDCs stood at 8.8 billion US dollars in 2012, up from 7.2
billion in 2011.
An excellent illustration of this is the corridor in
East Africa linking Burundi, the Democratic Republic of Congo, Rwanda, Uganda
and South Sudan to the Kenyan port of Mombasa.
The achievements here have been remarkable. For
example, the cost of moving a container from Mombasa to Kampala has been cut by
almost 50%. And the time taken for goods to complete this journey has been cut
from 18 days to just 4.
Reducing costs and delays like this can be the
difference between a business failing or thriving.
48 developing country members of the WTO have already
taken practical steps to prepare for the Agreement by notifying us of the
commitments they are ready to implement. Of those 48, 6 are LLDCs and 10 are
transit countries. This is a technical point, but I raise it because it shows
that transit measures would likely be put in place as soon as the agreement is
implemented. This would be a crucial step for LLDCs.
However, I am sorry to say that WTO members are
currently at an impasse on the implementation of the Agreement. This has been
the case since July, and we continue to do all we can to ensure that a solution
is found.