26. UNCTAD, frorn its inception, has played the key role within the United Nalionssystem in providing support to the etforts of the developing counCries to promote and strengthen economic co-operation amongst thernselves, This role ot uNcrAD has been recognized by the inCernational conmunity in General Assenbly resolutton 34/202 on ECDC and UNCTAD has coosequently been entrusled with special A/40/58L English Page 9 responslbility r.lthin the United Nations gysten ln the area of ECDC' Paragraph 6 of General Assenbly resolution 39/216 further recognlzed UNCTAD I s key role in the area of EcDc. 27. As already mentioned' the current UNCTAD fork prograorne on ECDC based on resolution 2 (III) of the Connittee on Econonic Ceoperation anonq Developinq countries in 1983, is organized under tro nain headings: (a) trade expansion and promotioni and (b) nonetary and financial ccoperation as an integral Part of trade expansion and promotion. It comprises the follorinq elenentsi (a) Trade expanEion and Pronotton (i) Estblishnent of a Global Systen of Trade Preferences (GSTP)i (if) Trade Inforftation System (TIS) i (iii) Co-operacion anonq state tradlng orqanlzations (STOs) ' (iv) Establ.ishment of nultinatlonal narketing encerprises (MMES) t (v) Pronotion of multinational production enterprlses (MPEs) t (vi) Strengthening of regional, eubreqional and interregional co-opera!ion and integrat ion i (vii) AssisCance for trade exPansion in food Ploducts' (b) !,tonetarv and flnancial co-operation (i) Establighnent of regional, subteqional and interreqional export credit and exPort Credit guarantee gdhenegi (il) Establishment and strengtheninq of regional and subreqional nultilateral pavnents ar rangenenta ; (iil) Tbe ouestlon of a 'Bank for Developing Couneries"i (ivl promotion a;d facilication of capital flons anong developing countrles' A brief description of recent activities in these areas is given belotr' (a) Trade expansion and Promotion (i) The GlobaCountries (GSTP) 28. Tbe GSTP contrnues tO be a prlority item ln UNCTAD'S eork prograr0ne on ECDC '
**Analysis**
The text primarily discusses the role of the United Nations Conference on Trade and Development (UNCTAD) in promoting economic cooperation among developing countries, specifically in the areas of trade expansion, monetary and financial cooperation, and regional integration. The text highlights various projects and initiatives undertaken by UNCTAD to achieve these goals, such as establishing a Global System of Trade Preferences and a Trade Information System.

**Category**
International trade, Economic development