UNCTAD in the Media
Europe is struggling to make its mark in the digital economy, accounting for only 4 percent of the market value of the world’s 70 biggest digital platforms. The U.S. and China, on the other hand, have a combined 90 percent share, according to a new report by the United Nations Conference on Trade and Development. Isabelle Durant, deputy secretary-general, is calling on Europe to form new alliances.

Armenian President Armen Sarkissian has been elected chairman of the UNCTAD Panel of Eminent Persons. The group advises the Secretary-General of the United Nations Conference on Trade and Development on current key and urgent economic development challenges, generates ideas for international initiatives to overcome them.

The world needs a global GND co-ordinated through multilateral institutions, such as the World Bank and the IMF, which can financially and logistically support the transfer of resources, knowledge and technologies from north to south. But is the multilateral system up to the task? The United Nations Conference on Trade and Development’s (UNCTAD) report of 2019 answers with an emphatic “no”.

In a bold move, new UN report has proposed a series of reform measures to make debt, capital and banks work for development and finance a Global Green New Deal generating a net increase in global employment of at least 170 million jobs, with cleaner industrialization in the South and an overall reduction in carbon emissions by the target year of the 2030 Agenda for Sustainable Development.

The world can’t depend on the private sector to achieve the Sustainable Development Goals by 2030 owing to its high level of debt, according to the UNCTAD's latest report.

In a flagship report, the UN’s trade and development body, Unctad, said 2019 will endure the weakest expansion in a decade and there was a risk of the slowdown turning into outright contraction next year.

Challenges loom for Asia’s digital landscape
The Daily Star
24 September 2019
In Asia, no economic or business sector is as vibrant or commands more attention of policymakers as the digital sphere. This trend is well documented in a landmark study by UNCTAD’s first annual Digital Economy Report.

Extreme weather events such as floods, hurricanes can lead to ‘physical stranding’ of natural resources, rendering them impossible and unprofitable for use, finds a UNCTAD report.

Islands are often emblazoned across tourism pamphlets, glorified as the epitome of natural beauty and portrayed as idyllic places of escape. But this image is far from the dark reality they face.

Climate change is fueling the electric vehicle revolution in countries like the Philippines, but the United Nations Conference on Trade and Development (Unctad) said firms that will mine battery metals must observe sustainable mining standards.

East Africa’s intra-regional trade has fallen to 0.2 per cent of global trade due to persistent trade disputes and barriers. UNCTAD has now launched a study on the impact of non-tariff barriers (NTBs) on trade.

In the last 10 years, no African country has made the leading positing in the shipping connectivity index (maritime transport networks), according to data from the United Nations Conference on Trade and Development (UNCTAD).

La señora Isabelle Durant, secretaria general adjunta de la Conferencia de las Naciones Unidas para el Comercio y el Desarrollo (Unctad), ofreció en EAFIT la conferencia Replanteamiento de la creación de políticas económicas para lograr los objetivos de Desarrollo Sostenible — una perspectiva desde la práctica. Su intervención hace parte de la programación de la edición número 42 del curso regional de ese organismo multilateral, que se ofrece en la Universidad entre el 22 de julio y el 2 de agosto con representantes de gobiernos de 12 países.

​The Transnational Alliance to Combat Illicit Trade (TRACIT) and UNCTAD co-hosted a meeting on the negative impact of illicit trade on the UN Sustainable Development Goals (SDGs). The special UN dialogue exposed where and how progress on the SDGs is inhibited by illicit trade in some of the world’s most important economic sectors.

​España ha logrado alcanzar un puesto del top 10 en el índice de conectividad del transporte marítimo regular elaborado por Unctad. Los países asiáticos, con China a la cabeza, copan la mitad de los puestos de este ranking.

​Unctad’s Secretary-General Mukhisa Kituyi spoke with James Anyanzwa about the benefits and potential pitfalls of implementing the AfCFTA.

The UAE will host the World Investment Forum and Asia's first E-commerce Week in 2020 in Abu Dhabi and will co-chair the 15th Ministerial Conference, UNCTAD, hosted by Barbados in the Caribbean the same year.

A recent UNCTAD report warns that the trade gains may not be evenly distributed among AU member states if proper rules that consider trade patterns, tariff profiles, liberalisation schedules and dependence on tariff revenue are not made.

UNCTAD Secretary General thanked President Sarkissian for accepting his invitation and joining the UNCTAD Panel of Eminent Persons. This group of 7 persons gives consultation to the UNCTAD Secretary General over the curent economic challanges, generates ideas aimed at overcoming them.

Prime Minister Mia Mottley announced today the island would host the 15th United Nations Conference on Trade and Development (UNCTAD) quadrennial meeting in October next year.

US investment in Russia was 13 times bigger than official numbers show, statistics released by the United Nations Conference on Trade and Development (UNCTAD) have revealed.

India received foreign direct investments worth $42 billion in 2018, helped by robust inflows in manufacturing, communication and financial services, a United Nations trade report said Wednesday.

For the third year in a row, foreign direct investment (FDI) is down all over the world, but not in Africa. Global money is banking on African growth, reduced barriers to cross-border trade and affordable access to commodities.

COMESA and the United National Conference on Trade and Development (UNCTAD) have launched a Co-delegation Agreement to implement trade facilitation projects in the region. UNCTAD Secretary-General Dr Mukhisa Kituyi and his COMESA counterpart Chileshe Kapwepwe launched the Agreement at the COMESA Headquarters in Lusaka, Zambia.

The United Nations Conference on Trade and Development, UNCTAD, has said that the digital economy is evolving fast even as global internet traffic was 66 times higher in 2019 than in 2005.

Well ahead of the High-Level Political Forum in July 2019 under the auspices of the Economic and Social Council (ECOSOC) with the focus on ''empowering people and ensuring inclusiveness and equality'', the African, Caribbean and Pacific (ACP) Secretariat and the United Nations Conference on Trade and Development (UNCTAD) held an all-day workshop at the Palais des Nations, Geneva on May 2, 2019.

UNCTAD and Mauritius have signed a memorandum of understanding to open a new center of excellence for the fisheries sector in developing countries. The center will serve as a practical site for putting policy recommendations for least developed countries (LDCs) into action and will bring together experts, researchers and policymakers from the LDCs and other African and Asian countries with strong experiences in developing their fisheries sectors to exchange best practices and insights.

If Britain leaves the EU without a deal, the bloc and Britain's smaller trading partners stand to lose big, but Beijing and Washington could reap huge benefits, the UN said Tuesday. In a fresh report, UNCTAD examined what repercussions it would have for Britain's trading partners if the country crashes out of the European Union without a deal.

“Globalisation of manufacturing and trade are facing fatigue from geopolitics and trade war. This has led to disruption and or slowdown in global trade value chain and decline in return on foreign direct investment (FDI), but the exponential growth in digital trade volumes are expected to drive investments in that direction,” said Dr Mukhisa Kituyi, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).

The first meeting of the Group of Friends of investing in the SDGs is scheduled to take place in H2 2019. The corresponding agreement was reached at a meeting between Belarus' Permanent Representative to Geneva Yury Ambrazevich and UNCTAD Secretary-General Mukhisa Kituyi on 4 April.

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