Poor countries advised to invest in partnerships

A UN security officer inspects the delegates outside the Kenyatta International Convention Centre during the 14th Unctad meeting yesterday. [PHOTO: PIUS CHERUIYOT/STANDARD]

NAIROBI: Poor countries have been asked to invest in private partnerships and reduce the cost of production to grow their economies.

United Nations Conference on Trade and Development Secretary General Mukhisa Kituyi said the countries, referred to as Least Developed Countries (LDCs), are faced with challenges such as low-level production of goods and lack of access markets for their produce.