Sustainable transport and transit solutions in countries in special situations
Sunday, 27 November 2016
11:30 AM - 1:00 PM
Parallel thematic discussions
Sustainable transport is a challenge for all countries, but countries in special situations, including least developed countries, landlocked developing countries, and small island developing states, face particular obstacles. High transport cost, restricted access to the sea, limited air service for passengers and cargo, and difficulties securing investments and partnerships are among the challenges that must be addressed in order to achieve sustainable development in these countries. Evidence suggests that a significant share of the high trade transaction costs faced by many countries is attributable to transit-related challenges. Addressing these challenges, including through simplified, harmonized and standardized transport and transit procedures, intermodal connectivity, will go a long way in boosting economic development, sustainable tourism, and trade, while building regional and global value chains and promoting sustainable development.