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A constitutional monarchy headed by King Letsie lll, the
‘Mountain Kingdom’ of Lesotho is a land of a myriad of
contrasts, where a rich cultural heritage and ancient
traditions exist alongside recent progress and
modernization.
Famous for its spectacular scenery and soaring mountain
vistas of unsurpassed beauty and tranquility, Lesotho is the
only independent country with its entire territory over 1000
metres above sea level hence befitting to be called the ‘Kingdom
in the Sky’. The spectacular country’s highlands form
one of the most important water catchment areas in Southern
Africa, producing Lesotho’s most abundant natural resource,
water, commonly referred to as ‘white gold’ which is
exported to the Republic of South Africa.
Landlocked and surrounded on all sides by South Africa,
Lesotho’s economy is integrated with that of its only
neighbor. While in the 1990s infrastructure development, in
particular the Lesotho Highlands Water Project, was an
important catalyst for economic growth and development,
clothing and textile manufacturing has played a pivotal role
in employment creation and economic expansion in the present
decade. More recently there has been promising developments
in the food and beverage subsectors as well as the mining
industry, with both horticulture and tourism possessing
potential for future growth.
Globalisation is a key issue, and the country is playing an
ever more active role in the regional and international
organizations, including the Southern African Development
Community (SADC), African Union (AU), the Commonwealth,
Non-Aligned Movement (NAM), and the United Nations (UN). As
a member of the World trade Organisation’s Least Developed
Countries (LDC) Group, Lesotho hosted the LDC Ministerial
Meeting in Maseru during February, 2008 in order to review
the progress made in Doha Development Round Table
negotiations.
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