LDC

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LDC

Less Developed Country

A country with lower GDP relative to other countries. Less developed countries are characterized by little industry and sometimes a comparatively high dependence on foreign aid. Less developed countries often undertake programs of development, with greater or lesser interventions on the part of the national governments. They are major borrowers from organizations such as the World Bank. While no strict definition of which countries are less developed exists, most countries that do not belong to the OECD are considered less developed. See also: International development.

LDC

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The ability of these states to acquire and strengthen expertise in producing generics is particularly important given the fact that LDCs may not always be able to import cheap medicines from important suppliers such as Indian manufacturers.
However, only one LDC the Lao People's Democratic Republic is on track to achieve all seven of the MDG targets analyzed in the report, and only four of the 39 LDCs outside South and SouthEast Asia (Ethiopia, Malawi, Rwanda and Uganda) are on track to meet even a majority of these targets.
Top of Its priorities will be to plug LDCs into the global value chain, to ensure that these countries, too, can have a long-term and sustainable future.
It describes how natural gas usage in the power sector, the industrial sector, and even the transportation sector is evolving and how gas LDCs may be able to participate in such market growth.
In the Issue Brief, UNAIDS and UNDP urge WTO Members to give urgent consideration to the continued special needs and requirements of LDCs in respect of their social and economic development.
Although plastic pipe materials have evolved over time and LDCs rely predominantly on medium- and high-density PE materials, a number of iron, steel and certain categories of plastic pipe pose distinct concerns as they age.
While attending the flagship business event, delegates from LDCs will have the opportunity to mitigate negative impacts of their economies and hopefully, spur growth in their respective territories," added Sheikh Khalifa bin Jassim.
subsidies for domestic cotton production, will contribute measurably to the viability of export-oriented cotton production in West African countries and other LDCs," USTR adds.
As a result, the potential for export-led growth in the LDCs will be diminished, it is important to emphasize that the LDCs have a trade surplus with developed countries and a trade deficit with developing countries (see chapter 2).
The link between the categories of LDCs and fragile states can seem critical, insofar as the LDC category basically refers to structural features while the fragile states category refers to policy and governance indicators, more likely to change over time.
The Yemen Times met Georg Kell, executive director of the UN Global Compact who said that the Global Compact organized the Global Sector Track of the LDCs Conference.
National policies of the LDCs and international support measures during the decade will focus on C* specific objectives with the aim of enabling half the number of LDCs to meet criteria for graduation by 2020," the Istanbul Action Plan stated.