What Does UNCTAD Stand For?

UNCTAD stands for United Nations Conference On Trade And Development

The United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body established in 1964 to support developing countries in their efforts to integrate into the global economy. UNCTAD promotes inclusive and sustainable trade and development by providing research, policy analysis, and technical assistance. Its key focus areas include trade, investment, finance, technology, and the socio-economic impacts of globalization, with the aim of fostering economic growth, reducing poverty, and achieving sustainable development in developing regions.