What is the United Nations Conference on Trade and Development (UNCTAD)?

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What is the United Nations Conference on Trade and Development (UNCTAD)?

The United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body established by the United Nations General Assembly in 1964. It aims to promote sustainable development, particularly in developing countries, through trade, investment, finance, and technology transfer. UNCTAD provides a platform for member states to discuss and negotiate trade-related issues, conduct research and analysis, and offer technical assistance to developing countries. It also publishes reports and recommendations on various aspects of global trade and development.