SUNS - South North Development Monitor
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SUNS # 9221 Thursday 29 October 2020

Trade : US blocks selection of Nigeria's candidate to be next WTO DG (PRIV)
(D. Ravi Kanth, Geneva)
The United States has apparently said that it cannot join the consensus over Nigeria's former finance minister Ms Ngozi Okonjo-Iweala, who appears to have secured the largest support from members to be the next Director-General of the World Trade Organization.

United Nations : Global FDI flows fall by 49% in first half of this year (PRIV)
(Kanaga Raja, Geneva)
Global foreign direct investment (FDI) flows fell by 49% in the first half of 2020 compared to 2019, the United Nations Conference on Trade and Development (UNCTAD) has said.

Trade : Rules chair to issue revised text on fisheries subsidies next week (PRIV)
(D. Ravi Kanth, Geneva)
Notwithstanding the lack of progress on substantive issues in the proposed disciplines on prohibiting harmful fisheries subsidies, the chair of the Doha Rules negotiating group intends to issue on 2 November, a revised first draft consolidated text to reflect the changes made in the original draft text, negotiators told the SUNS.

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