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UNCTAD was established in 1964. The mission and objectives of UNCTAD are:
- Forging the links among international trade opportunities and development;
- Enhancing coherence between national development strategies and global economic processes towards economic growth and development, particularly of developing countries;
- Assisting developing countries to design and implement active policies for building productive capacity and international competitiveness and to support their efforts to attract and benefit more from FDI.