Trans Pa­cific trade

Business Daily (Kenya) - - THE WEEKENDER -

Trade min­is­ters and del­e­gates from the re­main­ing mem­bers of the Trans Paci ic Part­ner­ship (TPP) at­tend the TPP Min­is­te­rial Meet­ing ahead of the Asia-paci ic Eco­nomic Co-op­er­a­tion (APEC) lead­ers sum­met in the cen­tral Viet­namese city of Danang yes­ter­day. World lead­ers and se­nior busi­ness ig­ures are gath­er­ing in the Viet­namese city of Danang for the an­nual 21-mem­ber APEC sum­mit.


Bri­tain is award­ing ever more aid con­tracts to Bri­tish irms ahead of sup­pli­ers based in de­vel­op­ing coun­tries, a watch­dog said on Wed­nes­day, de­spite pledges to favour lo­cal com­pa­nies.

More than nine in 10 con­tracts awarded by the coun­try’s for­eign aid de­part­ment in 201617 went to sup­pli­ers reg­is­tered in Bri­tain, up from about three-quar­ters four years ago, ac­cord­ing to the In­de­pen­dent Com­mis­sion for Aid Im­pact (ICAI).

Only 3 per­cent of the 1.4 bil­lion pounds spent by Bri­tain’s De­part­ment For In­ter­na­tional De­vel­op­ment (DFID) on sup­pli­ers help­ing carry out global projects last year went to Ye­men faces the world’s largest famine in decades “with mil­lions of vic­tims” if aid deliveries are not re­sumed, a se­nior UN o icial has warned.

Mark Low­cock, the UN un­der-sec­re­tary gen­eral for hu­man­i­tar­ian af­fairs, urged the Saudi-led coali­tion to lift its block­ade of the con lict-torn coun­try.

On Mon­day, the coali­tion shut air, land and sea routes into Ye­men after Houthi rebels ired a mis­sile at Riyadh.

The bal­lis­tic war­head was in­ter­cepted near the Saudi cap­i­tal.

Saudi Ara­bia said the block­ade was needed to stop Iran send­ing weapons to the rebels.

Iran de­nies arm­ing the rebels, who have fought the Saudi-led coali­tion since 2015.

Mr Low­cock was speak­ing on Wed­nes­day, after brie ing the UN Se­cu­rity Coun­cil on the is­sue be­hind closed doors.

“I have told the coun­cil that un­less those mea­sures are lifted... there will be a famine in Ye­men”, Mr Low­cock said.

those in de­vel­op­ing coun­tries, fall­ing far short of a U.n.-agreed tar­get. Bri­tain was one of 20 donor coun­tries that agreed at the World Hu­man­i­tar­ian Sum­mit in Is­tan­bul to com­mit a quar­ter of aid fund­ing di­rectly to lo­cal and na­tional or­gan­i­sa­tions by...

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