United Nations Conference of Trade and Development (UNCTAD) Current Affairs, GK & News
The UNCTAD has released its annual Trade and Development Report 2022. Key facts The UN report expects the world economy to grow 2.6% in 2022. This is 0.9 percentage points below last year’s projected rate. The growth is expected to further decelerate in 2023 to 2.2%. This would leave the real GDP below the pre-pandemic ..
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: Current Affairs - June, 2021
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 ..
On June 16, 2020, the United Nations Conference on Trade and Development released its World Investment Report, 2020. According to the report, India is the 9th largest recipient of FDI in 2019. Key Findings: India According to the report, the FDI of India has increased from 42 billion USD in 2018 to 51 million USD ..
Month: Current Affairs - June, 2020
Category: Reports & Indexes Current Affairs
The United Nations Conference on Trade and Development recently released a report on the effect of COVID-19 on global economy. According to the report, India was ranked 10th. World: Key Findings of the Report The report says that the slow down in manufacturing sector of China due to the virus, will affect 50 billion USD ..
Category: International / World Current Affairs
As per United Nations Conference of Trade and Development (UNCTAD) report, China has overtaken the United States (US) as the top destination for foreign direct investment (FDI). US was on top as foreign investment destination for past 11 years i.e. since 2003. Key facts from UNCTAD report In 2014, foreign firms had invested 128 billion dollars in China compared to 86 billion ..