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Question

'X' provides technical assistance for establishing commercial relationships across nations. It identifies administrative barriers to trade in different nations and tries to address them. Identify 'X'.

A
FAO
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B
UNESCO
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C
UNCTAD
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D
WTO
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Solution

The correct option is C UNCTAD
UNCTAD stands for United Nations Conference on Trade and Development. It is a permanent intergovernmental body established by the United Nations General Assembly in 1964. Its headquarters is located in Geneva, Switzerland. It provides technical assistance for establishing commercial relationships across nations. It identifies administrative barriers to trade in different nations and tries to address them. It tries to create a conducive environment for trade and commerce across the world. It is a part of the General Assembly and the Economic and Social Council but has its own membership, leadership, and budget.

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