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We help developing countries benefit from the global economy more fairly and effectively, providing data and analysis, facilitating consensus-building and offering technical assistance on issues related to trade and development.
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Sovereign Debt
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'Servicification' of international trade takes centre stage at UNCTAD expert meeting
9 Jun 2015
Ambassadors, trade negotiators, policymakers, and national and international services regulators and experts concluded the third session of the Multi-year Expert Meeting on Trade, Services and Development, on May 13, 2015.
European Parliament adopts Resolution on Financing for Development supporting UNCTAD's work in the field of Sovereign Debt
19 May 2015
On 19 May 2015, the European Parliament in Strasbourg voted a Resolution on Financing for Development A-143/2015 calling for EU participation in the UN General Assembly process. The text was adopted with a majority of 19 votes in favour, 1 against, and 3 abstentions.
EU Parliamentarians support UN initiative on Sovereign Debt Restructuring Processes
19 May 2015
UNCTAD and EURODAD jointly organised a meeting at the European Parliament in Brussels on 12 May about the work of the UN General Assembly regarding a legal framework for sovereign debt restructuring processes.
Debt and Development: The Next 15 years
15 May 2015
At a Short Courses on Key Issues on the International Economic Agenda for Geneva-based Diplomats, held on 15 May 2015, Mr. Dusan ZIVKOVIC made a presentation on Debt and Development: The Next 15 years.
Sovereign Debt Workouts - Roadmap and Guide published by UNCTAD
28 Apr 2015
In an effort to help to resolve future sovereign debt crises of the sort that have tested governments from Iceland to Argentina to Greece since the global financial meltdown of 2008, UNCTAD has published a "roadmap" of steps that countries can take before and during debt restructuring.
Legal framework for sovereign debt restructuring processes: a first step
25 Feb 2015
Member States, international organizations and financial institutions recently took part in the first working session of the United Nations Ad Hoc Committee on sovereign debt restructuring processes, organized by UNCTAD in New York.
Legitimacy and Impartiality in a Sovereign Debt Workout Mechanism
7 Jul 2014
The fourth session of the UNCTAD Working Group on a Debt Workout Mechanism was held in New York 07 July 2014. The discussions focused on identifying the best ways of making the Debt Workout Mechanism legitimate and impartial.
Indicators signalling the need for debt restructurings
19 Mar 2014
The third Session of the UNCTAD Working Group on a Debt Workout Mechanism was held in Geneva on 19 March 2014. The discussions reflected an attempt to provide indicators signalling the necessity to engage in a sovereign debt restructuring process as well as helping negotiators during this process.
Good Faith and Transparency in Sovereign Debt Workouts
2 Dec 2013
The second meeting of the UNCTAD Working Group on Debt Workout Mechanism was held in Geneva on 2 December 2013. The legal roots and practical implications in the context of debt restructurings of good faith and transparency were discussed.
Workshop scheduled for debt management officials
5 Sep 2013
Developing-country officials who deal with debt issues and strategies are to take part in a regional workshop on asset and liability management being held from 30 September to 3 October.
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