The States members of the United Nations Conference on Trade and Development (UNCTAD) gathered in Bangkok, Thailand, between 12 and 19 February 2000
, for the tenth session of the Conference
, and deliberated on developmental strategies in an increasingly interdependent world and on how to make globalization an effective instrument for development.
In the context of the opportunities created by the technological revolution, the opening of markets and globalization, the paramount objectives of UNCTAD have been the promotion of growth and sustainable development, the quest for equity and participation by all, translating broadly agreed concepts into effective action, and effective co-operation and coordination in dealing with global interdependence and development. Member States agreed on the Bangkok Declaration and Plan of Action.
As the first major intergovernmental economic and development conference of the century, the Conference provided a unique opportunity to take stock and reflect on recent experiences of globalization, to examine strengths and weaknesses in past approaches and policies, and to identify the major challenges ahead:
- The effective integration of all countries into the international trading system;
- Improving supply capabilities;
- Overcoming the debt problem;
- Strengthening the commitment to social development;
- Ensuring women´s political, economic and social participation;
- Generating adequate financial flows for development;
- Undertaking institutional reforms;
- Reducing financial volatility;
- Focusing on central problems of acute poverty and growing inequality within and among nations; and
- Supporting knowledge-based development as a necessary element for effective participation of developing countries in the world economy
Preparations for the Conference included a number of regional meetings organized by the UNCTAD secretariat.