UNCTAD: UN Conference on Trade & Development

Following the events of World War II, the rapid decolonization of colonial empires around the world led to a swell of brand-new countries that were welcomed to the United Nations. Furthermore, the growing rivalry between the two Cold War powers and the high cost of allying with either led to the establishment of the Non-Aligned Movement (NAM). Many of the states that were part of the NAM were newly independent and still developing post-colonial countries. This group of developing countries then moved to establish the Conference on Problems for Developing Countries, held in Cairo in 1962, at which they called for an “international conference within the framework of the UN on all vital questions related to international trade, primary commodity trade and economic relations between developing and developed countries.” The consensus reached at this conference resulted in the first meeting of the United Nations Conference on Trade and Development (UNCTAD) in Geneva, Switzerland in 1964.

Committee Topics: Coming June 2019!