United Nations Conference on Trade and Development Current Affairs, GK & News

UN: China overtakes US for Foreign Direct Investment

Recent figures by the United Nations Conference on Trade and Development highlights that, China has surpassed the United States as the world’s top destination for the foreign direct investment (FDI) in the year 2020. Highlights The eastward shift of the destination was the result of Covid-19 pandemic from which the United States is still recovering. ..

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EU economy faces highest impact due to coronavirus

As per the recent estimates published by United Nations Conference on Trade and Development (UNCTAD), the most affected economy due to the coronavirus outbreak is the European Union ($15.6 billion) followed by the United States ($5.8 billion) and Japan ($5.2 billion), The trade impact of the outbreak for India is estimated to be about USD ..

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India ranks 73rd in UNCTAD B2C E-commerce Index 2019

The United Nations Conference on Trade and Development(UNCTAD) has released its 2019 edition of Business-to-Consumer(B2C) E-commerce Index which measures an economy’s preparedness to support online shopping. The index is prepared on the basis of four indicators that are highly linked to online shopping. The four indicators are- (1)Account ownership with a mobile-money-service provider or at ..

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UN Report: India to grow at 7.1% in 2020

According to a United Nations’ report titled World Economic Situation and Prospects (WESP) Report 2019 Mid-year Update, India’s economy is projected to grow at 7.1 % in fiscal year 2020 which will be backed by strong domestic consumption and investment. Key Findings of Report Global Growth: For both developed and developing countries, 2019 growth projections ..

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Invest India wins 2018 UN Award for excellence in promoting investments in sustainable development

India’s investment promotion body, Invest India has won the 2018 UN Award for excellence in promoting investments in sustainable development at the World Investment Forum, Geneva. The awards were organised by the United Nations Conference on Trade and Development (UNCTAD). The other winners of the award were Bahrain Economic Development Board (BEDB) and the Lesotho ..

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