Ministerial roundtable calls for "Aid for Investment"

23 December 2015

At a session on Boosting Investment in Productive Capacities during UNCTAD's events on the margins of the tenth Ministerial Conference of the WTO, ministers discussed investment in the development of productive capacities in developing countries, especially Africa.

 

Participants debated how governments could better use investment and trade policies and how the international community could strengthen support for the development of productive capacities for trade.

Panelists:

  • Dr. Mukhisa Kituyi, Secretary-General of UNCTAD

  • H.E. Mr. Erastus Mwencha, Deputy Chairperson of the African Union Commission

  • H.E. Mr. Gideon Dlamini, Minister of Industry and Trade, Swaziland

  • H.E. Ms. Lilianne Ploumen, Minister for Foreign Trade and Development Cooperation, The Netherlands

  • H.E. Dr. Okechukwu Enelamah, Minister of Industry, Trade and Investment, Nigeria

  • H. E. Robert F. Godec, United States Ambassador to Kenya

Discussions were moderated by Mr. Laban-Cliff Onserio, Business News Anchor, Reporter at Nation Media Group - NTV.

Ministers agreed that trade and investment facilitation are closely linked.

They drew analogies with Aid for Trade, and called for "Aid for Investment" to help create the productive capacities required for trade.

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