The 15th session of the UNCTAD quadrennial ministerial conference (UNCTAD15) will be held virtually between Barbados and Geneva from 3 to 7 October 2021, with pre-conference events running online throughout the year, starting from April 2021. Guyana will be coordinating the region in the lead-up to and throughout the conference. Guyana and GRULAC negotiate in UNCTAD through the Group of 77 and China.
Guyana’s Statement delivered by H.E. Mr. Hugh Todd on behalf of GRULAC can be found here.
The conference is the highest decision-making body of UNCTAD at which member states assess current trade and development issues and formulate global policy responses. It also sets the organization’s work priorities for the next four years.
UNCTAD15 comes at a time when there is a need to reignite a spirit of optimism and collaboration globally, not only to solve the twin challenges of inequality and vulnerability but to ensure trade thrives and is a driver of development. UNCTAD15 advocates for a world in which all countries, especially developing countries, have an equal chance of using the positive benefits of trade to developmental ends. The conference presents an opportunity to reframe solutions and build new solidarity not only among the global south, and on trade-related issues, but also in response to new and abiding global challenges that impact our sustainable development ambitions.
Building on the UNCTAD14 theme, which emphasized the need to move from decision to action, the UNCTAD15 conference seeks a concrete decade of action in pursuit of the Sustainable Development Goals focused on reducing inequality and vulnerability by ensuring trade works for all and that development remains high on the global agenda. Our theme, “From inequality and vulnerability to prosperity for all”, is a clarion call to work to fix the fractures across the world to build prosperity for all.
