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Mood on International Trade Somber Ahead of UNCTAD 14

A senior U.N. official is warning that a growing sense of global inequality accompanied by low productivity gains and wages is stiffening resistance to international trade. The comment came in the lead-up to the 14th session of the U.N. Conference on Trade and Development, UNCTAD 14, next month in Nairobi. UNCTAD Secretary-General Mukhisa Kituyi said the gloss is rubbing off the growing optimism of recent years that Africa was rising, while Asia retained its position as an economic...

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