The two key texts adopted at UNCTAD XI —the Spirit of São Paulo and the São Paulo Consensus— reconfirmed the mandates of the 2000 Bangkok Plan of Action from UNCTAD X and laid out the policy direction for the next four years. UNCTAD’s analytical initiatives on trade and poverty, on dynamic sectors in world trade and on the new geography of trade have caught the imagination of development policy makers. UNCTAD flagship reports on trade and development, investment, least developed countries and e-commerce— as well as the special research on the history ofUNCTAD — have all helped to underpin the case for development-friendly policies in support of developing and transition economies. UNCTAD’s wide expertise in capacity building for trade and investment negotiations, in managing debt and supporting debt restructuring, and in enhancing efficiency in trade, is tapped by more and more member States and is highly appreciated by other UN development agencies.

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| The Spirit of São Paulo | São Paulo Consensus |

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