United Nations Conference on Trade and Development (UNCTAD)
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UNCTAD is a permanent intergovernmental body of the UN that deals with trade, investment, and development. It has headquarters in Geneva and offices in New York and Addis Ababa. UNCTAD functions as a forum for government deliberations, undertakes research and policy analysis, and provides technical assistance to developing countries. Its main activities include work on trade and commodities, investment, macroeconomic policies, transport, and special programs to support least developed countries. It is organized with a Conference, Trade and Development Board, Commissions on key issues, expert meetings, and a Secretariat led by a Secretary-General.
United Nations Conference on Trade and Development (UNCTAD)
- 2. Introduction ■ UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964. ■ Headquarters are located in Geneva, Switzerland, and have offices in NewYork and AddisAbaba. ■ UNCTAD is part of the UN Secretariat. ■ UNCTAD is the principal organ of the United Nations General Assembly dealing with trade, investment, and development issues. ■ The organization's goals are to: "maximize the trade, investment and development opportunities of developing countries and assist them in their efforts to integrate into the world economy on an equitable basis.
- 3. Functions ■ It function as a forum for inter-governmental deliberations. ■ It undertakes research, policy analysis and data collection for debates of government representatives and experts. ■ It provides technical assistance tailored to the specific requirements of developing countries, with special attention to the needs of the developed countries and of economies in transition.
- 4. Main Activities ■ Trade and Commodities. ■ Investment,Technology and Enterprise Development. ■ Macroeconomic Polices, Debt and Development Financing. ■ Transport, Customs and InformationTechnology. ■ Special programme for least developed, landlocked developing and small island developing countries.
- 5. Trade and Commodities ■ Formulating policies for diversifying production of various commodities. ■ Provides analysis and advice for capacity-building to meet competition. ■ Assists developing countries in all aspects of their trade negotiations ■ Provide trade analysis and information system. ■ Provides information regarding the impact of environment on the trade.
- 6. Investment,Technology and Enterprise Development ■ To participate more actively in international investment rule making at bilateral, regional and multilateral level. ■ To familiarize governments and the private sector with the investment environment and policies of a given country. ■ in investment analysis capacity building. ■ In developing science and technology reviews and upgradations. ■ In promoting entrepreneurship and the development of small and medium-sized enterprises.
- 7. Macroeconomic Polices, Debt and Development Financing ■ In formulating policy analysis and research on issues concerning global economic interdependence, the international monetary and financial system, and macroeconomic and development policy challenges. ■ In providing technical and advisory support. ■ Providing computer-based debt management and financial analysis system specially designed to help countries manage their external debt.
- 8. Transport, Customs and Information Technology ■ Integrated customs system that speed up customs clearance procedures and helps Governments to reform and modernize their customs procedures and management. ■ Computerized cargo tracking system installed in 20 developing countries of Africa and Asia. ■ Building training networks and organizes training in all areas of international trade to enable developing countries to increase their competitiveness.
- 9. Special programme for least developed, landlocked developing and small island developing countries ■ Identifying the specific needs of these particularly vulnerable countries and tailors technical assistance to these needs. ■ Examining the links between developed strategies and poverty reduction. ■ Coordinating assistance to LDC’s in their negotiations for accession to the World Trade Organization, and in building greater capacity for future trade negotiations, along with capacity-building on trade and investment issues.
- 11. It consists of Conference Trade and Development board Commissions Expert Meeting Secretariat
- 12. The Conference The highest decision-making body of UNCTAD is the quadrennial conference. It is a subsidiary organ of the United Nations GeneralAssembly. it serve an important fuction.
- 13. TheTrade and Development Board ■ UNCTAD’s works is guided by theTrade and Development board. ■ Board membership is open to all members of UNCTAD, and accredited inter-governmental and non-governmental organizations.
- 14. The Commissions ■ TheTrade and Development Board currently consists of 3 Commissions. ■ UNCTAD secretariat also services the Commission on Science and Technology for Development ■ It allows governments to exchange views on policy issues in their respective ambits. Commission onTrade in Goods and Services Commodities. Commission on Investment, Technology and related Financial Issues. Commission on Enterprise, Business Facilitation and Development.
- 15. Expert Meetings ■ The work of the commission is supported by discussions among specialized technical experts. ■ Up to 10 meetings are conducted in every year. ■ Allows the government representatives attending the commission.
- 16. The Secretariat Structure ■ Headed by a Secretary-General ■ Subsequent to the departure of Mr. Rubens Ricupero (Brazil), who was the Secretary-General of UNCTAD until 14th September, 2004, the officer-in-charge of UNCTAD is Mr. Carlos Fortin (Chile). ■ Current UNCTAD Secretary-General is Mr.Mukhisa Kituyi and he took office on 1 September 2013
- 18. Presented By, Suraj Sudheer MBA Marthoma College of Management andTechnology (MCMAT), Perumbavoor