United Nations Commission on Transnational Corporations
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Founded
1974 New York NY USA
History
1974, New York NY (USA), as under resolution 1913 (LVII) of E-XE3377 - ECOSOC, following recommendations of a committee considering the report of a Group of Eminent Persons to Study the Impact of Transnational Corporations on Development and on International Relations. In 1993, the United Nations Programme on Transnational Corporations was integrated within E-XE3381 - UNCTAD, when moved to Geneva (Switzerland). In May 1993, the United Nations General Assembly assigned responsibility for the Commission's substantive servicing to the Secretariat of UNCTAD. Following General Assembly decision, Dec 1994, replaced by 'Commission on International Investment and Transnational Corporations' of the Trade and Development Board of UNCTAD, currently, following UNCTAD IX, Apr-Jun 1996, U-XK1520 - Commission on Investment, Technology and Related Financial Issues.
Aims
Act as a forum within the United Nations System for consideration of issues relating to international investment and transnational corporations; promote exchange of views among governments, inter-governmental organizations, trade unions, business, consumer and other relevant groups; assist Governments in attracting investment and in dealing with transnational corporations; further understanding of the nature of transnational corporations and strengthen the capacity of developing countries in their dealings with them through an integrated approach including research, information and technical assistance.
Structure
Commission of up to 48 member states elected by ECOSOC for 3-year terms on the basis of: 12 from African states; 11 from Asian states; 10 from Latin American states; 5 from Eastern European states; 10 from Western European and other states. Each state appoints a high-level expert and may also appoint alternates. Includes E-XE0197 - Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR).
Finance
Available with paid subscription only.Type I Classification
Available with paid subscription only.Type II Classification
Available with paid subscription only.Subjects *
Available with paid subscription only.UN Sustainable Development Goals **
UIA Org ID
XE1142
Last News
1996
** UN SDGs are linked to the subject classification.
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