Established : 1964
Headquarter : Geneva, Switzerland
United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body established by the United Nations General Assembly in 1964. UNCTAD headquarters are located in Geneva, Switzerland. UNCTAD is part of the UN Secretariat. It report to the UN General Assembly and the (ECOSOC)Economic and Social Council. UNCTAD Part of the United Nations Development Group.The first UNCTAD conference took place in Geneva in 1964, the second in New Delhi in 1968, and the fourteenth in Nairobi (Kenya) in 2016.Currently, UNCTAD has 194 member states
The primary objective of UNCTAD is to formulate policies relating to all aspects of development including trade, aid, transport, finance and technology.The conference ordinarily meets once in four years. India is signatory of UNCTAD. The organization's goals are to: "maximize the trade, investment and development opportunities of developing countries and assist them in their efforts to integrate into the world economy on an equitable basis.The creation of UNCTAD in 1964 was based on concerns of developing countries over the international market, multi-national corporations, and great disparity between developed nations and developing nations. The United Nations Conference on Trade and Development was established to provide a forum where the developing countries could discuss the problems relating to their economic development.
INTERGOVERNMENTAL GROUP OF EXPERTS (IGE) ON CONSUMER PROTECTION LAW AND POLICY
The Intergovernmental Group of Experts (IGE) on Consumer Protection Law and Policy is a standing body established under the United Nations Guidelines for Consumer Protection (UNGCP) that meets annually to monitor the application and implementation of the guidelines,
it also provide a forum for consultations, produce research and studies, provide technical assistance, undertake voluntary reviews, and periodically update the guidelines.
UN Guidelines for Consumer Protection(UNGCP)
They were first adopted by the General Assembly by resolution on 16 April 1985.The United Nations Guidelines for Consumer Protection(UNGCP) are a valuable set of principles for setting out the main characteristics of effective consumer protection legislation, enforcement institutions and redress systems and for assisting interested Member States in formulating and enforcing domestic and regional laws, rules and regulations that are suitable to their own economic and social and environmental circumstances, as well as promoting international enforcement cooperation among Member States and encouraging the sharing of experiences in consumer protection
the General Assembly decided that UNCTAD should conduct voluntary reviews of national consumer protection policies of Member States, as implemented by consumer protection authorities.