On the occasion of the change of the presidency of the G-20 from the Russian Federation to Australia, the Division on Globalization and Development Strategies of UNCTAD has prepared an overview highlighting its active role among international organizations in providing technical inputs to the Group of Twenty's (G-20) discussions on trade and finance issues.
UNCTAD has become a recognized contributor to the G-20 process and has been of strategic significance to developing and developed countries alike as the United Nations Secretariat provides a necessary second opinion on global issues alongside those produced by the International Monetary Fund and the Organization for Economic Cooperation and Development. In addition,
UNCTAD's contributions to the G-20 aims to highlight the issues of interdependence and the need for systemic coherence in international monetary, financial and trade affairs, all of which are of vital interest to all members of the United Nations.
UNCTAD has participated as an observer in several meetings of the G-20 Framework Working Group on Strong, Sustainable and Balanced Growth and has contributed technical papers on global imbalances and growth prospects, the Chinese processing trade, global financial markets and exchange rate and capital flows management issues, employment and income policies, and spillover effects of macroeconomic policies in developing countries to the rest of the world.