Kenya to host UNCTAD in July

By Ronald Owili

Kenya will this July host the 14th United Nations Conference on Trade and Development after hosting the 4th conference 40 years ago.

It will be the second time the country is hosting the event since it last hosted the event 40 years ago.

Speaking during information session in Geneva, Foreign Affairs Cabinet Secretary Ambassador Amina Mohammed said Kenya will seek to ensure that the meeting provides fresh ideas on how to improve trade in traditional commodities and new ones.

The conference comes as the world grapples with falling commodity prices such as oil and metals which have largely been attributed to a slowdown in China.

While acknowledging the help that the United Nations Conference on Trade and Development has offered for traditional commodities such as coffee and tea which have overcome some tariff barriers in, Amina says the conference will provide Kenya with fresh ideas on how to improve trade in traditional commodities and new ones such as crude oil, natural gas and other minerals.

UNCTAD 14 will comprise among others a multi-stakeholder conference including Youth Forum, the World Investment forum, the Civil Society Forum and the Large Cities Forum.

Kenya expects to host 7,000 delegates and the Foreign Affairs Ministry says the country has adequately prepared for the meeting.

  

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