Kenya: Kenya’s Foreign Affairs and International Trade Cabinet Secretary Cabinet Secretary Amb Amina Mohamed, has called on world leaders to prioritise enhancement of global trade in the agenda of the World Economic Forum that begun Wednesday in Davos, Switzerland.
CS Amina said trade discussions should be prioritised in Davos as the world seeks to unveil a transformative trade agenda at the tenth WTO Ministerial Conference (MC10) that will be held in Nairobi, in December.
She said trade remains the principal engine of economic growth. “Trade has enormous potential to create employment, catalyse investments and foster growth and should be prioritised as top world leaders converge in Davos,” said Amb Amina. “This more so as we look forward to the WTO negotiations at the tenth Ministerial Conference to be held in Nairobi in December,” added the CS.
Investments and jobs
Noting that conflicts, terrorism and violent extremism are significantly fueled by unemployment, poverty and inequalities, the CS called for enhanced global trade that will help in the generation of investments and jobs. “Africa needs investments and jobs, which are an integral part of the solution to conflicts, terrorism and extremism in the continent,” She said.
Amb Amina was speaking shortly on arrival in Davos, Friday morning, where she joined Deputy President William Ruto, in representing President Uhuru Kenyatta at the World Economic Forum.
Amb Amina will also be attending the WTO Informal Mini-Ministerial Conference as chair and host of the WTO tenth Ministerial Conference.
The Mini-Ministerial Conference being attended by trade ministers from around the world and WTO officials led by Secretary General Roberto Azevêdo, is convened to informally discuss the global trade agenda ahead of the MC10 in Nairobi. “The ministers’ meeting will deliberate on the multilateral trading system and prospects for progress ahead of the tenth WTO Ministerial Conference,” said AmbAmina.
The World Economic Forum themed “New Global Context” brings together more than 2,500 business, political, academic and other leaders to discuss the world’s most pressing issues. Key topics include climate change, poverty eradication, conflict and extremism.
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