UNCTAD mandate stalemate persists at Nairobi trade talks

UNCTAD Secretary- General Mukhisa Kituyi: We do not see a controversy in our mandate as the organisation that leads the negotiation of new regulations for investment agreements. PHOTO | SALATON NJAU

The stalemate over the wording of the Nairobi UNCTAD conference’s final declaration remained unlocked hours to the close of the summit, sources close to the 70 ministers negotiating the deal said.

Several clauses that are set to define the Nairobi outcome remained unresolved as different factions fought to have their way in the final document, according to a draft of the final text expected to be released Friday.

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