"Digital giants" leading a "cautious" trade recovery: UNCTAD

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Mukhisa Kituyi. Photo: UNCTAD-NewYork

The "digital giants" of the world economy are having a major impact but global flows of foreign direct investment remain well below their 2007 peak, before the global markets crashed.

That's the mixed picture emerging from the World Investment Report 2017 published on Wednesday by the UN Conference on Trade and Development (UNCTAD).

UNCTAD chief Mukhisa Kituyi, told UN News that the decline in foreign investment, especially in developing countries, was particularly worrying given the huge investment needed to reach the 2030 Sustainable Development Goals.

Joshua Mmali began by asking him to sum up the latest figures, and what they mean for world trade.

Duration: 8’39″

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