For six decades, UN Trade and Development (UNCTAD) has stood as a beacon of support for developing nations.
Our mission remains to support developing countries to access the benefits of a global economy and meet the new challenges – to ensure prosperity for all.
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On the 40th anniversary of the Least Developed Countries Report, Pierre Encontre, a former UNCTAD staff member, reflects on the least developed countries category and the challenges ahead.
Explore the report, its analysis & data: unctad.org/ldc2024
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“UNCTAD is important because it allows young people to connect both internationally and locally, and to act as agents of change and to shape it the way we want,” says Thomson Ch'ng, @unctad.bsky.social Youth coordinator in Australia.
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“For 14 years, UNCTAD has been a strategic partner of the municipality of Lomas de Zamora, which was the first local government to implement the Business Facilitation program,” says Victor Matassi, Secretary of Modernization in Lomas de Zamora, Argentina.
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“We are proud to have been associated with UNCTAD since 2001. Over the past 23 years, more than 200,000 micro, small & medium-sized enterprises have made a significant impact in Uganda,” says Charles Ocici, Director of Empretec in Uganda. #UNCTAD60
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“UNCTAD is important for Malaysia because, through the Empretec program, entrepreneurs gain invaluable knowledge that strengthens their foundation and mindset,” says Sandra Anne Ghouse, Director of Empretec Malaysia.
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“The impact of the LDC Report on global policymaking has been significant, including in advancing strategies for poverty reduction in least developed countries,” says Habib Ouane, former UNCTAD staff member, on the #LDCreport40.
Explore the report, analysis & data: unctad.org/ldc2024
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“UNCTAD provides comprehensive support to developing countries for their integration into the global economy, addressing structural barriers to economic growth and sustainable development,” says Daniele Guadagnolo, UNCTAD Youth Action Hub Coordinator, Italy.
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“UNCTAD has been a steadfast partner, advocating for policies that benefit not just a few, but the many,” said Mohammed Al Zarooni, Chairman of the World Free Zones Organization.
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UNCTAD is uniquely positioned to bridge the gap & enable developed countries to support the transition toward further development, fostering a more sustainable global trade system, said Arsenio Dominguez, Secretary-General of the International Maritime Organization.
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“Developing countries should be given the opportunity for fair trade and development, and UNCTAD plays a crucial role,” said Karien van Gennip, Former Minister of Social Affairs and Employment and Deputy Prime Minister of the Netherlands.
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“UNCTAD's 60th anniversary is an opportunity to look closer at the specific challenges faced by small island developing States and their members,” said Albon Ishoda, Ambassador of the Republic of the Marshall Islands to Fiji and the Pacific Islands. #UNCTAD60
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On the 40th anniversary of the Least Developed Countries Report, former UNCTAD's Taffere Tesfachew congratulates the organization on its remarkable achievement.
What are the pressing issues moving forward? Mr. Tesfachew highlights three areas.
The report: unctad.org/ldc2024
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“I am sure that UNCTAD will have 60 more luminous years, where together, through strong multilateralism, we will achieve more inclusive, cohesive societies,” said Eva Granados Galiano, State Secretary for International Cooperation of Spain.
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“UNCTAD can serve as a bridge builder and between developing and developed countries, with, I hope, a special focus on the least developed countries,” said Pasi Hellman, Under-Secretary of State for Development Policy at the Ministry for Foreign Affairs of Finland.
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“It is very important for young people today to have better opportunities. In Latin America, youth represent more than 50% of the total economically active population,” says Víctor Manuel Cruz Martínez, UNCTAD Youth Network, Mexico.
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“UNCTAD played a noble and pioneering role in assembling crucial data & resisting the political ploy that sought to claim that all 130 developing countries were in the same boat,” says Thomas Weiss, Professor at City University of New York, on the #LDCreport40.
More: unctad.org/ldc2024
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“UNCTAD is important to support the economic and productive development of countries, not only as a global organization but also because of the various programmes and policies they implement,” says Carla Goglia, Empretec Argentina. unctad.org/topic/enterp...
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“We want to see more & fairer competition worldwide, supported by a fit-for-purpose multilateral system. @unctad.bsky.social has a key role to play,” says John W.H. Denton, Secretary-General of the International Chamber of Commerce, for the #UNCTAD60 celebrations.
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“Jeffrey Sachs, the renowned economist, described the launch of the 2002 LDC report as the best study available on why poor countries are trapped in poverty and what can be done about it,” said Charles Gore, University of Glasgow.
Latest LDC report: unctad.org/ldc2024
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“Least developed countries are highly exposed to climate change and natural disasters, which are increasing in both frequency and intensity,” says Annalisa Primi, Head of the Economic and Transformation Division at the OECD.
Explore the #LDCreport40: unctad.org/ldc2024
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“The Empretec programme makes all the difference, as it enables the shift to a disruptive and resolute mindset that moves to the union and alignment of capacities in the territories,” says Lourdes Navarro, Director, Empretec Panama. unctad.org/topic/enterp...
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“The 40th anniversary of the Least Developed Countries Report is a big milestone,” says David Luke, professor at the London School of Economics and Political Science. youtu.be/7FdEVT_LpCw
Explore the report and data: unctad.org/ldc2024
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For 60 years, @unctad.bsky.social has been working with and for developing countries for them to access the benefits of a global economy and meet the new challenges it presents – to ensure prosperity for all.
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“It is very important to invest in youth, but it must be an inclusive investment that involves young people from indigenous communities, from rural areas, and those living in marginalized regions,” says María Montserrat Páez, UNCTAD Youth Network, Mexico.
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“It's amazing to see that many young people are now understanding how important education is through our hub in Nigeria. Education is one of the most powerful tools that can help you leapfrog to the next level,” says Hanotu Weli, UNCTAD Youth, Nigeria.
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“We need to talk about the people in developing and underdeveloped nations. They are still striving hard for basic necessities. We must work on multi-dimensional indexing related to poverty,” says Mohd O Ahmad, UNCTAD Youth Network member, India.
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#UNCTAD60: Isabella Weber on the economy of the future in a fragmented world.
The #WeeklyTradecast looks at how the global economy is evolving in a more fragmented world with special guest Isabella Weber, assistant professor of economics at the University of Massachusetts Amherst.
“We need sustainability. We need more green innovation. We need to unite, and UNCTAD can provide us with that platform,” says Chidinma Cynthia Udeogu, @unctad.bsky.social Youth Network, Nigeria.
More about the Youth Network: unctad.org/topic/youth/...
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“It is essential to ensure inclusive growth everywhere in the world, especially in developing countries. And trade is the most reliable engine for inclusive economic transformation,” said Célestin Monga, Professor at Harvard's Kennedy School of Government.
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