Agenda: Supply and Stability of Oil Prices
Economic and Social Council
A founding UN Charter body established in 1946, the Economic and Social council is responsible for the direction and coordination of the economic, social, humanitarian, and cultural activities carried out by the UN. It is the UN’s largest and most complex subsidiary body. ECOSOC conducts studies, formulates resolutions, recommendations and conventions for consideration by the General Assembly.
ECOSOC has 54 member states. It’s membership is based on geographic representation: 14 seats are allocated to Africa, 11 to Asia, 6 to eastern Europe, 10 to Latin America and the Caribbean, and 13 to western Europe and other areas. Members are elected for three-year terms by the General Assembly.
The council holds frequent meetings with Non Governmental organizations and Business sector representatives. The UN charter allows ECOSOC to grant consultative status to NGO’s, currently around 3200 NGO’s have been granted this status.
ECOSOC has 54 member states. It’s membership is based on geographic representation: 14 seats are allocated to Africa, 11 to Asia, 6 to eastern Europe, 10 to Latin America and the Caribbean, and 13 to western Europe and other areas. Members are elected for three-year terms by the General Assembly.
The council holds frequent meetings with Non Governmental organizations and Business sector representatives. The UN charter allows ECOSOC to grant consultative status to NGO’s, currently around 3200 NGO’s have been granted this status.