Iran has taken over the rotating presidency of the United Nations Conference on Trade and Development (UNCTAD) for Asia affairs in 2012, Fars News Agency reported.
The 13th conference of UNCTAD during Iran's 6-month long chairmanship of the UN body for Asia will be held in the Persian Gulf state of Qatar.
The UNCTAD document will evaluate the latest status of trade and development throughout the world. It will also consider the challenges facing the developing countries, as well as UNCTAD's programs for the next four years in the field of trader and development.
In its report in July 2011, UNCTAD said foreign direct investment (FDI) in Iran hit a new record in 2010 and exceeded 3.6 billion dollars despite a general decline in FDI in a majority of other world states.
