UNCTAD to drive trade for inclusive growth

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BSS, Dhaka :
UNCTAD has adopted the theme of the next quadrennial ministerial meeting for moving towards an inclusive and equitable global economic environment for trade and development.
The Trade and Development Board, the UNCTAD’s governing body, on Thursday formally adopted the theme for the fourteenth quadrennial ministerial meeting – UNCTAD XIV. The theme will be “From decision to action: moving toward an inclusive and equitable global economic environment for trade and development”, a UNCTAD press release, received here Friday, said.
The meeting, holds in every four years, will take place in 2016. UNCTAD is now in a process for selecting a new venue after original host country Peru withdrew.
UNCTAD XIV will be the first United Nations ministerial conference after the launch of new Sustainable Development Goals to be adopted by 193 countries meeting at the United Nations General Assembly to be held next week in New York, USA. As such, it will represent the starting point of the process to translate the ambitions of the international community into concrete plans of action.
The conference will be the venue of intense, high-level debate on urgent economic and macroeconomic matters as they relate to global development. It will also set UNCTAD’s programme of work for the four years up to 2020.
The Trade and Development Board, in session in Geneva until 25 September, also announced four sub-themes those include – challenges and opportunities in multilateralism for trade and development; promoting sustained, inclusive and sustainable economic growth through trade, investment, finance, and technology to achieve prosperity for all; advancing economic structural transformation and cooperation to build economic resilience and address trade and development challenges and opportunities, at all levels, within the UNCTAD mandate and contributing to the effective implementation of and follow-up to the 2030 Agenda for Sustainable Development, and relevant outcomes from global conferences and summits, as related to trade and development.

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