United Nations Conference on Trade and Development (UNCTAD)

11 August 2021 року о, 19:14

The Antimonopoly Committee of Ukraine maintains good cooperation with the United Nations Conference on Trade and Development (UNCTAD).

The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as an intergovernmental organization intended to promote the interests of developing states in world trade.

UNCTAD is the part of the United Nations Secretariat dealing with trade, investment, and development issues. The organization's goals are to maximize the trade, investment and development opportunities of developing countries and assist them in their efforts to integrate into the world economy on an equitable basis.  UNCTAD has a membership of more than 190 countries worldwide. The primary objective of UNCTAD is to formulate policies relating to all aspects of development including trade, investment, aid, transport, finance and technology.

The AMCU participates in the annual sessions of UNCTAD`s Intergovernmental Group of Experts on Competition Law and Policy (hereinafter – the IGE). The IGE is a standing body established under the United Nations Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices (UN Set [1]) to monitor the application and implementation of the Set. 

The principal task of the IGE is to analyse and to improve international principles of the implementation of competition law and policy, to discuss the harmonization of competition and trade policies, to converge national competition rules with the UN Set of Principles and Rules on Competition. The decisions of the IEG are reflected in policy and legal documents drawn up with the participation of the Antimonopoly Committee of Ukraine.



[1] The UN Set is a multilateral agreement on competition policy, which was negotiated and adopted by General Assembly resolution 35/63 on 5 December 1980.

The Set:

Provides a framework for international operation and exchange of best practices

Recognizes the development dimension of competition law and policy

Provides for equitable rules for the control of anti-competitive practices

   


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