Kenya seeks grater role for Africa in advancing global trade
Kenya is seeking to leverage its new position as President of the Trade and Development Board (TDB) to push for higher trade investment in Africa. Kenya which assumed presidency of the TDB of the United Nations Conference on Trade and Development (UNCTAD) chaired the 73rd Session of the board which is expected to help coordinate […] The post Kenya seeks grater role for Africa in advancing global…
Kenya is seeking to expand its influence in global trade negotiations by assuming the role of President of the Trade and Development Board (TDB) within the United Nations Conference on Trade and Development (UNCTAD). Kenya's presidency of the TDB led the 73rd Session of the board, which aims to coordinate efforts to unlock opportunities for economic diversification, investment, and technology transfer, promoting inclusive and sustainable development.
The Ministry of Trade believes this role enables Kenya to shape discussions that will influence the UN General Assembly's agenda. "During Kenya's presidency, the TDB is tackling serious global trade disruptions, particularly those caused by the Strait of Hormuz," the ministry noted. This position also signifies a significant responsibility for Kenya, as it presents an opportunity to advance inclusive, sustainable, and equitable global trade and development.
The UN General Assembly will consider the outcomes from the 73rd TDB session, giving Kenya a platform to elevate African priorities in global economic governance.
Written by urgent.news from KBC's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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