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Answer» Some of the most important objectives and functions of UNCTAD are given below:-
Objectives : The objective of UNCTAD :
- To reduce and eventually eliminate the trade gap between the developed and developing Countries.
- To accelerate the rate of economic growth of the developing world.
Functions: The main Functions of the UNCTAD are:
- To promote international trade between developed and developing countries with a view to accelerate economic development.
- To FORMULATE PRINCIPLES and policies on international trade and related PROBLEMS of economic development.
- To make proposals for putting its principles and policies into effect, (iv) To negotiate trade agreements.
- To review and facilitate the coordination of activities of the other U.N. institutions in the field of international trade.
- To function as a centre for a harmonious trade and related documents in development policies of GOVERNMENTS.
Activities: The important activities of UNCTAD INCLUDE
- research and support of negotiations for commodity agreements;
- technical elaboration of new trade schemes;
- various promotional activities designed to help developing countries in the areas of trade and capital flows.
Some of the most important objectives and functions of UNCTAD are given below:- Objectives : The objective of UNCTAD : Functions: The main Functions of the UNCTAD are: Activities: The important activities of UNCTAD include
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