UNCTAD
UNCTAD
INTRODUCTION
Established in 1964, UNCTAD promotes the development-friendly integration of developing countries into the world economy It is the principal organ of the United Nations General Assembly dealing with trade, investment, and development issues. It focuses on ensuring that domestic policies and international action are mutually supportive in bringing about sustainable development
KEY FUNCTIONS
The organization works to fulfil this mandate by carrying out three key functions:
It functions as a forum for intergovernmental deliberation It undertakes research, policy analysis and data collection for the 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 least developed countries and of economies in transition
History of UNCTAD
Growing concerns about the place of developing countries in international trade in the early 1960s The first United Nations Conference on Trade and Development (UNCTAD) was held in Geneva in 1964. The conference was institutionalized to meet every four years, with intergovernmental bodies meeting between sessions and a permanent secretariat providing the necessary substantive and logistical support.
Simultaneously, the developing countries established the Group of 77 to voice their concerns. (Today, the G77 has 131 members.)
Competition and consumer policies: Provides analysis and capacity building in competition and consumer protection laws and policies in developing countries. Publishes regular updates of a Model Law on Competition.
Trade Negotiations and Commercial Diplomacy : Assists developing countries in all aspects of their trade negotiations.
Cont
Investment guides and capacity building for the LDCs: Some of the countries involved are Bangladesh, Ethiopia, Mali, Mozambique and Uganda.
EMPRETEC: Promotes entrepreneurship and the development of small and medium-sized enterprises. Empretec programmes have been initiated in 27 countries, assisting more than 70,000 entrepreneurs through local market-driven business support centres.
Transport and Trade Logistics: Helps developing countries face the challenges and capitalize on the opportunities arising from trade and cargo flows; activities include research and analytical work, support to the intergovernmental machinery and technical assistance in the fields of transport, trade facilitation, policy and legislation and customs automation.
Special Programs
Africa: Provides analytical work aimed at increasing the understanding of problems faced by African countries in their development efforts, and facilitating a better integration of Africa into the world economy. Particular emphasis is placed on supporting the New Partnership for Africa's Development (NEPAD). Least developed countries (LDCs): Provides analytical work and technical assistance aimed at enabling relevant States to make the best possible use of LDC status in the framework of the Programme of Action for the Least Developed Countries for the Decade 2001-2010, and to better understand the policy-related issues that are specially relevant to LDCs, notably with a view to developing productive capacities and reducing poverty in these countries.
Organization Structure
The organization structure of UNCTAD consists of 1. Conference 2. Trade and Development Board 3. Commissions 4. Expert Meetings 5. Secretariat
The Conference
The highest decision-making body of UNCTAD is the quadrennial conference, at which member States make assessments of current trade and development issues, discuss policy options and formulate global policy responses. The conference also sets the organizations mandate and work priorities.
The conference is a subsidiary organ of the United Nations General Assembly. The conferences serve an important political function: they allow intergovernmental consensus building regarding the state of the world economy and development policies, and they play a key role in identifying the role of the United Nations and UNCTAD in addressing economic development problems.
Inter-governmental Process
Trade and Development Board
Expert Meetings
The Commissions
The Trade and Development Board currently has three Commissions that meet once a year to address policy issues in specific areas and provide guidance for the work of the secretariat. These Commissions are :
The commission on Trade in Goods and Services, and Commodities The commission on Investment, Technology and Related Financial Issues The commission on Enterprise, Business Facilitation and Development
The UNCTAD secretariat also services the commission on Science and Technology for Development(CSTD), which is a subsidiary body of the United Nations Economic and Social Council
As in all of UNCTADs inter-governmental bodies, decisions of the Commissions are taken by the consensus, and thus agreed conclusions and recommendations reflect the collective political will of UNCTADs membership
Expert Meetings
The work of the commission is supported by discussions among specialized technical experts in specific fields. Up to 10 such Expert Meetings are convened by the Commissions every year. They allow the government representatives attending the Commissions to take the advantage of valuable technical input from academics, practitioners and the private sector
A TWO-TRACK PROCESS
Institutional Capacity-building
Policy Analysis
UNCTAD Secretariat