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UN summit looks to facilitate transit, trade in Asia-Europe

A summit of the United Nations (UN) is scheduled to take place in Hanoi on March 7-9 to enhance cooperation on transit, trade facilitation and the 2030 Agenda for Sustainable Development.
 UN summit looks to facilitate transit, trade in Asia-Europe ảnh 1Hai Phong port in the north of Vietnam (Illustrative image. Source: VNA)
Hanoi (VNA) – A summit of the UnitedNations (UN) is scheduled to take place in Hanoi on March 7-9 to enhancecooperation ​on transit, trade facilitation and the 2030 ​Agenda on Sustainable Development.

The event is co-held by the Ministry of ForeignAffairs and the UN Office ​of the ​High ​Representative for the Least​ Developed Countries, Landlocked Developing ​Countries and ​Small Island ​Developing States(UN-OHRLLS).

Representatives from 29 regional andinternational organisations, including the UN Economic and Social Council(ECOSOC), UN Conference on Trade and Development (UNCTAD), World CustomsOrganisation (WCO), UN General Assembly (UNGA), Asian Infrastructure InvestmentBank (AIIB), World Bank (WB), Asian Development Bank (ADB), are attending theevent.

Delegates from 38 countries, including​landlocked ones, as well as development partners and international seaportbusiness associations also join the summit.

The summit includes six sessions, focusingdiscussion on ​transit, trade facilitation and acceleration of the 2030 ​Agendaon ​Sustainable Development.

Participants will discuss measures to boostcooperation between ​landlocked and transit countries in the field of customs,facilitate trade and investment, build trans-national entrepots, attractcapital and set up bilateral and multilateral legal frameworks.

Global financial organisations are hoped tosupport landlocked and transit countries to join the regional and globalvalue chain.-VNA
VNA

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