United Nations Conference for Trade and Development (UNCTAD)
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The United Nations Conference for Trade and Development (UNCTAD) is the United Nation’s institution for promoting trade and development.
UNCTAD provides a forum for its 194 member states to engage in discussion of global trade and development issues.
To promote development, UNCTAD commits to the following in terms of international trade:
- Produces analyses and collects data to improve understanding of current and future problems in this area;
- Supports the participation of developing countries in international trade and international trade negotiations on an equitable basis;
- Seeks to strengthen international trade in services and promotes an integrated approach to trade, the environment, and sustainable development;
- Analyses issues related to competition policy and consumer protection; and
- Focuses on the contribution of the commodity sector to development, advocating diversification and risk management.