About the United Nations Conference on Trade and Development (UNCTAD):
- It is the UN’s leading institution dealing with trade and development.
- It is a permanent intergovernmental body established by the United Nations General Assembly in 1964.
- Its objective is to assist developing countries, especially the least developed countries, and countries with economies in transition, to integrate beneficially into the global economy.
- It also seeks to help the international community promote a global partnership for development, increase coherence in global economic policy-making, and assure development gains for all from trade.
- It provides economic and trade analysis, facilitates consensus-building, and offers technical assistance to help developing countries use trade, investment, finance, and technology for inclusive and sustainable development.
- Headquarters: Geneva, Switzerland.
- UNCTAD membership consists of 195 states.
- Its activities are advisory by nature.
- Reports published by UNCTAD:
- Trade and Development Report
- World Investment Report
- The Least Developed Countries Report