African countries have been urged to demand new global trade rules during the forthcoming World Trade Organization Ministerial Conference to be held in Nairobi in December to ensure that the continent benefits from global trade.
United Nations Conference on Trade and Development Secretary General Mukhisa Kituyi says African countries should push for new rules that empower the continent to gain from the global trade, since the current ones favor developed nations that enjoy ample infrastructure coupled with immense resources.
The November 2001 Declaration of the Fourth Ministerial Conference in Doha, Qatar, provides the mandate for negotiations on a range of subjects, and other work including issues concerning implementation of the present trade agreements. Read more. Source | KBC