Home News Landlocked countries pay twice the costs – King
News

Landlocked countries pay twice the costs – King

Share
His Majesty King Mswati III addressing the Third United Nations Conference on Landlocked Development (LLDCs). (Pics: Courtesy)
Share

AWAZA, TURKMENISTAN – His Majesty King Mswati III has told the third United Nations Conference on Landlocked Developing Countries (LLDCs) that they pay twice the transport costs of coastal neighbours, hindering competitiveness and investment.

The conference was attended by UN Secretary General Antonio Gutteres, Turkmenistan’s President Serdar and other world leaders from LLDCs.

The King said this is one of many other challenges faced by Eswatini and other LLDCs, which comprise of logistical delays, limited market access due to poor infrastructure.

“For Eswatini, being landlocked is not just a geographic condition, but a daily development challenge. High transport costs and vulnerability to global shocks slow our progress. Yet, these challenges inspire us to think innovatively and seize opportunities for cooperation,” he said.

However, despite these challenges, His Majesty the King said the theme for the conference: “Driving progress through partnerships” resonates with landlocked countries’ aspirations.

The King said the country prioritises infrastructure investment to transform from landlocked to land-linked, enhancing connectivity and reducing trade costs.

“We are upgrading rail lines, streamlining customs procedures and investing in digital infrastructure to connect our people, communities and markets efficiently, to mention just a few. These efforts foster regional integration and economic competitiveness,” His Majesty said. He said to build resilience and ensure sustainable growth, Eswatini is diversifying beyond traditional sectors, as the country is promoting investment in agro-processing, tourism, renewable energy, ICT, creative industries and private enterprise.

“This strategy broadens our economic base, creates jobs and supports inclusive development, aligning with our national priorities and Agenda 2030 and 2063,” the King said.

His Majesty the King said a dynamic private sector is vital for inclusive growth and the Kingdom is fostering an enabling environment for all, including youth, women and marginalised groups through regulatory reforms and entrepreneurship programmes, unlocking their potential to drive economic progress and ensure no one is left behind.

Full article available in our paper.

His Majesty King Mswati III on his way to the third United Nations Conference on Landlocked Development (LLDCs) in Turkmenistan.
His Majesty King Mswati III on his way to the third United Nations Conference on Landlocked Development (LLDCs) in Turkmenistan.
His Majesty King Mswati III with heads of State and representatives during the conference.
His Majesty King Mswati III with heads of State and representatives during the conference.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

‘Cat’ Matlala ID saga: Home Affairs official dismissed

MBABANE – Nonhlanhla Malambe, the Home Affairs official found guilty over the issuance of Eswatini national documents to Vusimuzi ‘Cat’ Matlala, has been...

 MaMkhize absent as Eswatini team suffer 2nd  defeat

NHLANGANO – Mbabane Highlanders AM suffered another painful defeat without President Shauwn ‘MaMkhize’ Mkhize in the stands, as Nsingizini Hotspurs edged them 1-0...

Ex-magistrate, another allegedly disobey court orders

MBABANE – Jail time has been sought for former Magistrate Dumisani Magagula and an individual with whom he is alleged to have disobeyed...

10-litre container of drugs allegedly found with clinic guard

VUVULANE – Community members reportedly recovered a 10-litre container of medication from a security guard at Vuvulane Rural Clinic, raising concerns of theft....

Indlovukazi arrives in UAE for official visit

Her Majesty Indlovukazi has arrived safely in the United Arab Emirates (UAE) where she is on an official visit. Her Majesty arrived around...

Related Articles

Lavumisa town plans 354-hectare industrial park- CEO Seyama

MBABANE – Lavumisa Town Board is pursuing plans for a 354-hectare industrial...

Huge salary gaps spark complaints – minister

EZULWINI – Minister for Commerce, Industry and Trade Manqoba Khumalo has put...

Eswatini politicians too good for Lesotho counterparts

MASERU-Eswatini parliamentarians proved to be too good for their Lesotho counterparts during...

Dagga trade drives sex workers to Madlangampisi

MADLANGAMPISI - Madlangampisi residents have voiced their concerns over what they called...