The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 to provide a forum for developing countries to discuss economic development issues. UNCTAD aims to maximize trade, investment, and development opportunities for developing nations. It works on issues like protectionism, commodity and manufacturing trade, aid, and international monetary reform. UNCTAD has 195 member states and 400 staff, and reports to the UN General Assembly and Economic and Social Council. It convenes global conferences every four years.