{"id":20933,"date":"2026-06-18T12:58:04","date_gmt":"2026-06-18T07:28:04","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=20933"},"modified":"2026-06-18T13:28:47","modified_gmt":"2026-06-18T07:58:47","slug":"unctad-upsc","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/unctad-upsc\/","title":{"rendered":"United Nations Conference on Trade and Development"},"content":{"rendered":"<h2><b>United Nations Conference on Trade and Development Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to a new report by the United Nations Conference on Trade and Development (UNCTAD) developing countries could save nearly $500 billion annually if they were able to borrow at the same interest rates as developed economies.\u00a0<\/span><\/p>\n<h2><b>About United Nations Conference on Trade and Development<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">It is a <\/span><b>permanent intergovernmental body<\/b><span style=\"font-weight: 400;\"> established by the <\/span><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/united-nations-general-assembly-unga\/\" target=\"_blank\"><b>United Nations General<\/b> <\/a><b><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/united-nations-general-assembly-unga\/\" target=\"_blank\">Assembly<\/a> in 1964.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">It <\/span><b>supports developing countries<\/b><span style=\"font-weight: 400;\"> to access the <\/span><b>benefits of a globalized economy<\/b><span style=\"font-weight: 400;\"> more fairly and effectively.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It provides <\/span><b>economic and trade analysis<\/b><span style=\"font-weight: 400;\">, facilitates consensus-building and offers <\/span><b>technical assistance to help developing countries<\/b><span style=\"font-weight: 400;\"> use trade, investment, finance and technology for inclusive and sustainable development.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It is <\/span><b>part of the UN Secretariat<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It reports to the UN General Assembly and the Economic and Social Council but has its own membership, leadership, and budget.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It is also <\/span><b>part of the United Nations Development Group.<\/b><\/li>\n<li><b>Members:<\/b><span style=\"font-weight: 400;\"> 195 nations (including India)<\/span><\/li>\n<li><b>Headquarter:<\/b><span style=\"font-weight: 400;\"> Geneva, Switzerland<\/span><\/li>\n<li><b>It helps countries to<\/b><\/li>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><span style=\"font-weight: 400;\">Comprehend options to address <\/span><b>macro-level development challenges<\/b><\/li>\n<li><span style=\"font-weight: 400;\">Achieve beneficial integration into the <\/span><b>international trading system<\/b><\/li>\n<li><b>Diversify economies<\/b><span style=\"font-weight: 400;\"> to make them less dependent on commodities<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Limit their exposure to <\/span><b>financial volatility and debt<\/b><\/li>\n<\/ul>\n<\/li>\n<li aria-level=\"1\"><b>Reports published by UNCTAD<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">Trade and Development Report<\/span><\/li>\n<li><span style=\"font-weight: 400;\">World Investment Report<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The Least Developed Countries Report<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.downtoearth.org.in\/economy\/developing-countries-lose-500-billion-a-year-to-higher-borrowing-costs-unctad\" target=\"_blank\" rel=\"nofollow noopener\">DTE<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>United Nations Conference on Trade and Development is a permanent intergovernmental body established by the United Nations General Assembly in 1964. Read more about UNCTAD, Headquarter, Establishment, Reports, Latest News.<\/p>\n","protected":false},"author":5,"featured_media":108714,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[21,8197,22,23],"class_list":{"0":"post-20933","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-prelims-pointers","9":"tag-united-nations-conference-on-trade-and-development","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/20933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=20933"}],"version-history":[{"count":3,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/20933\/revisions"}],"predecessor-version":[{"id":108744,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/20933\/revisions\/108744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/108714"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=20933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=20933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=20933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}