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Permanent intergovernmental body
UN Conference on Trade and Development (UNCTAD) is an intergovernmental organization within the United Nations Secretariat which promotes the interests of developing countries in the governance of international trade, financial flows and technology transfer. It was established in 1964 by the United Nations General Assembly (UNGA) as the United Nations Conference on Trade and Development It reports to both the General Assembly and the United Nations Economic and Social Council (ECOSOC).
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UNCTAD expects global trade growth to ease to 4 per cent in 2026 from 4.4 per cent in 2025, when trade hit a record $35 trillion. Energy-shock prices are lifting values,...
World trade reached a record $35 trillion in 2025 – but developing countries were held back from greater participation in the global economy because of new technological and policy barriers, the UN trade and development agency UNCTAD said
Global economic growth is expected to slow to 2.6% in 2026 from 2.9% in 2025 as the Middle East crisis pushes up energy costs.