UNCTAD Current Affairs, GK & News

UNCTAD

The UNCTAD recently published its annual report 2019 and it highlighted that the repayments by developing countries on their external public debt may increase the stress on the economy. About UNCTAD The UNCTAD or United Nations Conference on Trade and Development is a permanent intergovernmental body established in 1964. It deals with issues in trade, ..

UNCTAD: Indian economy to expand by 7.2% in 2021

The United Nations Conference on Trade and Development (UNCTAD) has released its Trade and Development report on September 15, 2021. Key findings of the report According to the report, India’s economic growth rate will increased to a four-year high of 7.2 per cent in 2021 as compared to a contraction of 7 per cent in ..

Month: 

Category: 

Topics: 

Rebecca Grynspan: 1st woman to head UNCTAD

UN General Assembly (UNGA) has approved nomination of Rebecca Grynspan to head United Nations Conference on Trade and development (UNCTAD). She is an economist from Costa Rica. Key Points She will be the first woman and Central American to lead Geneva-based organisation, UNCTAD. She was nominated as secretary-general of UNCTAD by Secretary-General Antonio Guterres. Background ..

Month: 

Category: 

Topics: 

UN Investment Promotion award to Invest India

Context in Current Affairs: The United Nations Conference on Trade and Development (UNCTAD) recently declared “Invest India” as the winner of the United Nations Investment Promotion Award, 2020. The award recognizes outstanding achievements of investment promotion agencies spread all over the world. Around 180 such agencies were shortlisted for the award in 2020. Background The ..

Month: 

Category: 

Topics: 

UNCTAD cancels 1 trillion USD debts owed by developing countries

The United Nations Conference on Trade and Development (UNCTAD) has announced that it is to cancel over 1 trillion USD of debt owed by developing countries. Highlights According to the UNCTAD, over 64 low-income countries spend more on debts than their health systems. They are now struggling with growing debt burden to plummet prices of ..

Month: 

Category: 

Topics: 

United Nations: India and China likely to stay away from Global Recessions

The United Nations Conference on Trade and Development (UNCTAD) made a new analysis under the title “The COVID-19 Shock to Developing Countries”. Highlights The analysis says that leading exporting countries are to face drop in investments between 2 trillion USD and 3 trillion USD in the next two years. The world economy is to go ..

Month: 

Category: 

Topics: