Review of the technical cooperation activities of UNCTAD and their financing

The Trade and Development Board

1. Reaffirms the role of UNCTAD technical cooperation as one of the three fundamental pillars of UNCTAD, and stresses the importance of coordination among those pillars for coherent and mutually reinforced assistance;

2. Stresses the importance of the promotion of multilateralism to reach, together with other agencies of the United Nations system, the objectives of the 2030 Agenda for Sustainable Development;

3. Welcomes UNCTAD initiatives in providing agile and innovative, demand-driven technical assistance to best respond to development issues, including those generated by the impact of global crises, as well as other emergency, conflict and post-conflict situations in countries that affect their trade;

4. Requests UNCTAD to pursue its efforts in providing member States with comprehensive and coherent technical cooperation in line with its mandate to continue with the implementation of the UNCTAD technical cooperation strategy and to present the new UNCTAD Toolbox and a resource mobilization strategy in due course;

5. Encourages UNCTAD to continue its efforts in engaging in the implementation of United Nations development system reform, including through enhanced collaboration with the United Nations resident coordinator system, in cooperation with partner agencies from the United Nations Inter-Agency Cluster on Trade and Productive Capacity;

6. Notes with satisfaction the increase in contributions from both developed and developing countries, and stresses the importance of sufficient and predictable funding for ensuring effective technical cooperation, and also encourages multi-year contributions to UNCTAD technical cooperation, including to the trust fund for the least developed countries, to increase the sustainability of UNCTAD technical assistance, while reaffirming the need to improve the application of the United Nations principles of transparency and accountability, as well as results-based management.