Ambassadorial meeting of landlocked developing countries held
Society
Ulaanbaatar /MONTSAME/. Permanent Representative of
Mongolia to the United Nations and other international organizations in Geneva,
Ambassador L.Purevsuren chaired the Ambassadorial meeting of landlocked
developing countries in Geneva on April 19.
During the meeting, the sides exchanged views on organizing
a ministerial meeting of landlocked developing countries during the 15th session
of the UN Conference on Trade and Development to be held on October 3-8, and
the 12th Ministerial Conference of the World Trade Organization between
November 30 and December 3.
There are currently about 50 landlocked countries in the
world, 32 of which are landlocked developing countries and 26 of which are
members of the World Trade Organization. Mongolia has been elected as the
coordinator of landlocked developing countries in Geneva in 2020-2021.
Landlocked developing countries face many challenges, such as remoteness from seaports
and international markets, high foreign trade costs, and high dependence on
transit countries, and their share in international trade is only 1 percent.
During the meeting, Ambassador L.Purevsuren called for
accession to the Multilateral Agreement on the Establishment of the
International Center for Landlocked Developing Countries in Ulaanbaatar. The
agreement, which was ratified in 2010 and entered into force on October 6,
2017, has now been ratified by 14 countries.