European Parliament Library

The United Nations Conference on Trade and Development (UNCTAD XIV), old battles or new opportunities? : in-depth analysis

Label
The United Nations Conference on Trade and Development (UNCTAD XIV), old battles or new opportunities? : in-depth analysis
Language
eng
resource.frequency
unknown
Main title
The United Nations Conference on Trade and Development (UNCTAD XIV)
Medium
electronic resource
Sub title
old battles or new opportunities? : in-depth analysis
Summary
UNCTAD’s influence and political importance have shrunk in recent decades. This is in part the result of changes in the economic landscape, as many trade and development-related issues are now dealt with by a number of other organisations, and of growing differences between developing countries (in particular between emerging economies and least developed countries, LDCs). The 14th UN Conference on Trade and Development taking place in Nairobi, Kenya, from 17-22 July 2016, offers a unique opportunity to revive and clarify UNCTAD’s role, given the importance attached to trade and investment in achieving the Sustainable Development Goals (SDGs). UNCTAD is a unique forum as it gives a particularly strong voice to developing countries and provides a platform for thinking ‘outside the box’ on trade and development-related issues. Important areas of UNCTAD’s expertise are high on the international agenda, such as investment treaty reform, promotion of responsible private investment in SDG relevant sectors and trade facilitation. At the same time, the intergovernmental negotiations on UNCTAD’s future mandate are revealing overlaps with the responsibilities of other international organisations and are a rerun of the conceptual discussions that already took place many times, most recently in 2015 in the international conferences on financing for development in Addis Ababa and the negotiations on the SDGs
Classification