SouthViews No. 128, 5 August 2016

UNCTAD’s Roles Reaffirmed, after Significant Wrangling

By Martin Khor

The United Nations’ leading development organisation UNCTAD recently obtained a renewed mandate for its work, but not without difficulty. This is because the developed countries are now much more reluctant to give concessions to the developing countries, thus showing up the present shaky state of North-South relations and of development cooperation. The 14th session of the United Nations Conference on Trade and Development (dubbed UNCTAD 14) concluded in Nairobi on 22 July with an agreed declaration on global economic issues. (more…)