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The United Nations Conference on Trade and Development (UNCTAD) is located at which of the following places?
  • a)
    Geneva
  • b)
    Rome
  • c)
    Paris
  • d)
    Vienna
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The United Nations Conference on Trade and Development (UNCTAD) is loc...
Location of UNCTAD

United Nations Conference on Trade and Development (UNCTAD) is located in Geneva, Switzerland.

Background of UNCTAD

UNCTAD was established in 1964 as a permanent intergovernmental body. The conference is responsible for dealing with trade, investment, and development issues. The aim of UNCTAD is to promote the integration of developing countries into the world economy, to help them grow their economies and to reduce poverty.

Role of UNCTAD

UNCTAD's role is to provide analysis, research, policy guidance and technical assistance to developing countries. It also provides a platform for dialogue between governments, civil society, and the private sector on trade and development issues.

UNCTAD is responsible for the following:

- Analyzing global economic trends and identifying structural weaknesses in the global economy.
- Providing policy advice to developing countries on how to integrate into the global economy and how to promote sustainable development.
- Promoting the participation of developing countries in global trade negotiations.
- Monitoring the impact of international trade and investment policies on developing countries and providing technical assistance to help them overcome the challenges they face.

Conclusion

In conclusion, UNCTAD is located in Geneva, Switzerland. It was established in 1964 to promote the integration of developing countries into the world economy, to help them grow their economies and to reduce poverty. UNCTAD provides analysis, research, policy guidance and technical assistance to developing countries and is responsible for promoting their participation in global trade negotiations.
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