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Nepal seeks cooperation to overcome development bottlenecks

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KATHMANDU, Sept 14: The government has urged the international community for their support to address the special needs and problems that a landlocked country faces on the way of excelling in trade and development.



Dipendra Bahadur Kshetry, vice-chairperson of the National Planning Commission (NPC) made such an appealed to the global partners while addressing the 4th Ministerial Meeting of Trade Ministers of Landlocked Developing Countries (LLDCs) in Kazakhstan on Wednesday.[break]



According to press release, Kshetry pushed mainly for the removal of development bottlenecks such as lack of access to and from sea, and limited transport-transit infrastructure that Nepal faces due to its geographical position.



"The LLDCs have been historically marginalized in terms of international trade and utilizing the potential of global market. Weak export bases and cumbersome transit procedures have rendered the exports from the LLDCs, which is also adding high costs on their competitiveness," the release quoted Kshetry as saying.



He shared the initiatives taken by the government of Nepal such as new Trade Policy 2009 and Nepal Trade Integration Strategy 2010 to boost export and ultimately achieve the goal of poverty reduction.“I request all the trade partners to assist Nepal towards achieving its goal,” Kshetry stated.



The 4th Ministerial meeting of LLDCs had focused on advancing the trade of LLDCs, reviewing aid for trade and taking measures to enhance the role of LLDc in the international trade.


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