UNCTAD

Reducing Commodity Dependence in Developing Nations

Committee Profile

The United Nations Conference on Trade and Development (UNCTAD) stands as a permanent intergovernmental body within the United Nations system, established in 1964 to address the growing concerns of developing countries regarding their participation in the global economy. With 195 member states and headquarters in Geneva, Switzerland, UNCTAD serves as the principal organ of the UN General Assembly dealing with trade, investment, and development issues. The organization operates under a unique mandate that bridges the divide between economic theory and practical development policy, focusing particularly on the challenges facing developing countries and economies in transition. This year's topic, Regulation of the Effects of Commodity Dependence in Developing Nations, is increasingly important, with the international community's divide between developed and developing nations escalates drastically.