United Nations Conference on Trade and Development

Abbreviation: 
UNCTAD
Location: 

UNCTAD, governed by its 194 member States, is the UN body responsible for dealing with development issues, particularly international trade. UNCTAD is also a forum where representatives of all countries can freely discuss ways to establish a better balance in the global economy. It offers direct technical assistance to developing countries and countries with economies in transition, helping them to build the capacities they need to become equitably integrated into the global economy and improve the well-being of their populations. UNCTAD hold a ministerial-level meeting every four years to discuss major global economic issues and to decide on its program of work. Every two years, UNCTAD organizes the World Investment Forum, which brings together major players from the international investment community to discuss challenges and opportunities and to promote investment policies and partnerships for sustainable development and equitable growth.

Year Established: 
1964

Relevant GVC Publications