[18 July 13] Developing landlocked countries seek to reduce transit costs - English
Long delays in inland transport, customs, and port handling procedures are common in developing countries across the world, especially for those that are landlocked. Out of the 31 developing landlocked countries, globally 16 are from Africa. With the presence of majority of landlocked developing countries in Africa, the share of formal intra African trade is only about 10% of total trade compared to 20% for Latin America and 48% for Asia.
Added by PTV on 19-07-2013
Runtime: 2m 32s
Send PTV a Message!