The United Nations Conference on Trade and Development (UNCTAD) celebrates its fortieth anniversary this year. During four decades, the organization has been the focal point within the United Nations for the integrated treatment of trade and development and related issues in the areas of investment, finance, technology, enterprise development and sustainable development.

Established in 1964, UNCTAD promotes the development-friendly integration of developing countries into the world economy. UNCTAD has progressively evolved into an authoritative knowledge-based institution whose work aims to help shape current policy debates and thinking on development, with a particular focus on ensuring that domestic policies and international action are mutually supportive in bringing about sustainable development.

The organization works to fulfil this mandate by carrying out three key functions:

• It functions as a forum for intergovernmental deliberations, supported by discussions with experts and exchanges of experience, aimed at consensus building.
  
  
• It undertakes research, policy analysis and data collection for the debates of government representatives and experts.
  
  
• It provides technical assistance tailored to the specific requirements of developing countries, with special attention to the needs of the least developed countries and of economies in transition. When appropriate, UNCTAD cooperates with other organizations and donor countries in the delivery of technical assistance.

Subsequent to the departure of Mr. Rubens Ricupero (Brazil), who was Secretary-General of UNCTAD until 14 September 2004, the Officer-in-Charge of UNCTAD is Mr. Carlos Fortin (Chile).

In performing its functions, the secretariat works together with member Governments and interacts with organizations of the United Nations system and regional commissions, as well as with governmental institutions, non-governmental organizations, the private sector, including trade and industry associations, research institutes and universities worldwide.

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