A commemorative postage stamp issued on (01.Feb.1968) 2nd United Nations Conference on Trade and Development (UNCTAD) New Delhi : UNCTAD is an intergovernmental organization within the United Nations Secretariat that promotes the interests of developing countries in world trade. It was established in 1964 by the United Nations General Assembly and reports to that body and the United Nations Economic and Social Council is composed of 195 member states and works with nongovernmental organizations worldwide its permanent secretariat is in Geneva, Switzerland.