Which of the following are the principal functions of UNCTAD?

A. To promote international trade with a view to accelerating economic development.

B. To assist economic development of developing countries by promoting private enterprises.

C. To negotiate multinational trade agreements.

D. To make proposals for putting its principles and policies into effect.

Choose the correct answer from the options given below:

Correct option is D

The United Nations Conference on Trade and Development (UNCTAD) performs the following functions:
1. Promote International Trade (A):
· Facilitates trade to accelerate the economic development of developing nations.
2. Negotiate Multinational Trade Agreements (C):
· Encourages discussions and agreements on global trade issues.
3. Make Proposals for Implementation of Policies (D):
· Provides recommendations to effectively implement trade and development policies.
Explanation of Exclusion:
· Promoting Private Enterprises (B):
· While UNCTAD focuses on developing countries' economic growth, promoting private enterprises specifically is not its core function.
Information Booster: UNCTAD supports sustainable development, trade capacity-building, and integration of developing countries into the global economy.
Additional Knowledge:
· UNCTAD Reports: Regularly publishes reports on trade and development issues, such as the World Investment Report and Trade and Development Report.