Staunching tax "haemorrhage" from poorest countries

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The Phoenix Island Protected Area (PIPA) is one of three island groups in Kiribati, a Least Developed Country (LDC). Photo: UNESCO/Ron Van Oers

Investment-related tax evasion cost the world's Least Developed Countries (LDCs) approximately US$100 billion in 2014, according to the UN trade body, UNCTAD.

Stemming this "haemorrhage" is among the topics on the agenda at its latest conference which opens on Sunday in Nairobi, Kenya.

The week-long event, known as UNCTAD 14, comes as countries move to implement the 2030 Agenda for Sustainable Development which world leaders adopted at the United Nations last September.

UNCTAD Secretary General Dr Mukhisa Kituyi told Assumpta Massoi why the conference will also include a gender round table and a youth forum.

Duration: 4'56"

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