Nairobi Conference

UNCTAD IV held in Nairobi in May 1976, showed relative success compared to its predecessors. An Overseas Development Institute briefing paper of April 1979 highlights one reason for success as being down to the 1973 Oil Crisis and the encouragement of LDCs to make gains through producers of other commodities. The principal result of the conference was the adoption of the Integrated Programme for Commodities. The programme covered the principal commodity exports and its objectives aside from the stabilization of commodity prices were: 'Just and remunerative pricing, taking into account world inflation', the expansion of processing, distribution, and control of technology by LDCs, and improved access to markets.