Nov 17, Geneva: Sri Lanka, underscoring the role of the United Nations Conference on Trade and Development (UNCTAD) in providing technical assistance for developing countries to access the benefits of a globalized economy, has called for further strengthening the intergovernmental body and its varied programs.
"Sri Lanka and other developing countries consider the work of UNCTAD critically important for capacity building and other forms of technical assistance in all areas of trade interest impacting the achievement of 2030 SDG Agenda," the Chairperson of the UNCTAD Trade and Development and Sri Lanka's Permanent Representative to the UN in Geneva Ambassador A.L.A. Azeez said concluding its 10th session in Geneva.
Highlighting the importance of UNCTAD as a forum that advances a multi-pronged strategy addressing trade and development concerns and priorities of developing nations with the cooperation and support of developed countries, Ambassador Azeez called for further strengthening of UNCTAD and its varied programs.
The Trade and Development Commission which commenced its deliberations on 12th November 2018 at its 10th session, ended on a confident note under Sri Lanka's stewardship, adopting a set of Agreed Conclusions for its future focus, at a time when the multilateral trading system is under increasing strain.
A number of international and regional groups including the Group of 77, the European Union, JUSCANZ (Japan, US, Canada and New Zealand Group), and the African Union contributed to the Commission's deliberations.