United Nations Conference on Trade and Development
- United Nations Conference on Trade and Development
permanent organ of the United Nations
) General Assembly, established in 1964 to promote trade, investment, and development in developing countries. Headquartered in Geneva, Switzerland, UNCTAD has approximately 190 members.
Negotiations at UNCTAD's meetings resulted in the Global System of Trade Preferences (1988), an agreement that reduced tariffs and removed or reduced nontariff trade barriers among participating developing countries; the Common Fund for Commodities (1989), an intergovernmental financial institution that provides assistance to developing countries that are heavily dependent on commodity exports; and various agreements for debt relief. In the 1990s UNCTAD's efforts were directed toward the challenges globalization poses to developing countries, and special attention was focused on measures to help the poorest and least developed countries become integrated into the world economy.
The highest policy-making body of UNCTAD is the Conference, which meets once every four years to set policy guidelines and to formulate a program of work. The UNCTAD Secretariat, whose members form part of the UN Secretariat
, performs policy analysis, monitors and implements the decisions of UNCTAD's intergovernmental bodies, and provides for technical cooperation and exchanges of information. It comprises four divisions—on globalization and development strategies; international trade; investment, technology, and enterprise development; and services infrastructure—as well as the Office of the Special Co-ordinator for Least Developed, Land-locked, and Island Developing Countries (OSC-LDC). The Trade and Development Board, UNCTAD's executive body, is responsible for the operations of the organization when the Conference is not in session.
* * *
Look at other dictionaries:
United Nations Conference on Trade and Development — Uˌnited ˌNations ˌConference on ˌTrade and Deˈvelopment abbreviation UNCTAD noun ECONOMICS ORGANIZATIONS an organization set up by the United Nations in 1964 to encourage international trade, especially by helping Developing Countries to increase … Financial and business terms
United Nations Conference on Trade and Development — The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as a permanent intergovernmental body. It is the principal organ of the United Nations General Assembly dealing with trade, investment and development… … Wikipedia
United Nations Conference on Trade and Development — Die Konferenz der Vereinten Nationen für Handel und Entwicklung (kurz Welthandels und Entwicklungskonferenz; engl.: United Nations Conference on Trade and Development, UNCTAD; franz.: Conférence des Nations unies sur le commerce et le… … Deutsch Wikipedia
United Nations Conference on Trade and Development (UNCTAD) — Organ of the United Nations General Assembly, created in 1964 to promote international trade. Its highest policy making body, the Conference, meets every four years; when the Conference is not in session, the organization is run by its executive… … Universalium
United Nations Conference on Trade and Development — UNCTAD A permanent organization set up by the UN in 1964 to encourage international trade, particularly to help developing countries to finance their exports. Under its auspices the UN Common Fund for Commodities (CFC) was established in 1989 to… … Big dictionary of business and management
United Nations Conference on Trade and Development — ⇡ UNCTAD … Lexikon der Economics
United Nations — 1. an international organization, with headquarters in New York City, formed to promote international peace, security, and cooperation under the terms of the charter signed by 51 founding countries in San Francisco in 1945. Abbr.: UN Cf. General… … Universalium
United Nations — For other uses, see United Nations (disambiguation). UN redirects here. For other uses, see UN (disambiguation). United Nations الأمم المتحدة 联合国 Organisation des Nations unies … Wikipedia
United Nations System — The United Nations system consists of the United Nations, its subsidiary organs (including the separately administered funds and programs), the specialized agencies, and affiliated organizations. The executive heads of the United Nations system… … Wikipedia
United Nations System by location — While the secretariat of the United Nations is headquartered in New York, its many bodies are situated in other parts of the world, particularly in Europe:Europe* Austria ** Vienna ***Comprehensive Nuclear Test Ban Treaty Organization Preparatory … Wikipedia