On 6 August, within the framework of the Third United Nations Conference on Landlocked Developing Countries (LLDC 3), a high-level roundtable meeting was held on the issues of using the potential of trade, simplifying trade procedures and deepening regional integration as key factors for sustainable development, TDH reports.

The event, organised by the UN Secretariat in cooperation with the Government of Turkmenistan, brought together representatives of governments, international organisations, the business community, experts and relevant institutions. Participants discussed the challenges and opportunities facing LLDCs in the current global economy.

The main goal of the discussion was to develop comprehensive recommendations aimed at expanding trade opportunities, developing infrastructure and increasing competitiveness in line with the priorities of the Awaza Programme of Action.

The role of regional integration in enhancing the trade potential of the LLDCs was a key topic of discussion. Participants emphasised that the creation of interconnected transport and logistics corridors, the harmonisation of the regulatory framework and the strengthening of economic ties between neighbouring states contribute to reducing transit barriers and accelerating trade development.

Special attention was paid to the formation of sustainable cooperation with transit countries, international financial structures and development institutions. It was noted that joint projects on infrastructure development and the introduction of modern logistics technologies play a decisive role in increasing export opportunities and strengthening the economic stability of landlocked countries.

The participants of the round table confirmed the need for active cooperation with the WTO, regional trade associations and international partners to adapt global trade rules to the needs of developing countries and implement joint initiatives for sustainable development.