United Nations Conference on Trade and

United Nations Conference on Trade and Development (UNCTAD) was established in December 1964. The Trade and Development Board is the governing body of UNCTAD, overseeing its activities in between conferences. The Board meets in a regular annual session, but may also meet a further three times a year to deal with urgent policy issues and to address institutional matters. The Trade and Development Board has two Commissions: the Trade and Development Commission; and the Investment, Enterprise and Development Commission. UNCTAD works to promote policies and strategies at national and international level, and analyses issues related to globalization, interdependence, international trade and finance, in support of economic management for sustainable development. As the focal point of the UN system on matters related to investment UNCTAD promotes the understanding of key issues, particularly matters related to foreign direct investment and enterprise development.