UNCTAD was founded primarily for the purpose of

Question

Quizplus · Accepted Answer

UNCTAD, or the United Nations Conference on Trade and Development, was founded in 1964 with the primary goal of addressing the economic concerns of the less developed countries (LDCs) and promoting their integration into the world economy. It is a forum for member states to discuss policies and programs aimed at expanding and diversifying their economies, improving their competitiveness, and increasing their participation in the global trading system. While promoting industry growth and addressing issues around intellectual property rights are part of UNCTAD's mandate, its primary focus is on economic development in the LDCs.

UNCTAD Was Founded Primarily for the Purpose of