By Santo D. Banerjee
NEW YORK | BANGKOK (IDN) – Lack of territorial access to the sea, isolation and remoteness from world markets impose constraints on trade competitiveness of the 32 landlocked developing countries (LLDCs) and their overall socio-economic development.
In addition to the geographical impediments, LLDCs face challenges linked to high trade and transport costs, limited or low-quality infrastructure, delays at borders, bottlenecks related to customs procedures and border crossing regulations, and productivity constraints.