Geneva is, among other things, the multilateral hub for international trade issues, decision-making and negotiations in this area. With the headquarters of the World Trade Organization (WTO) and the headquarters of the United Nations Conference on Trade and Development (UNCTAD), the International Trade Centre (ITC) and the World Intellectual Property Organization (WIPO), it is at the heart of decision-making and negotiations related to world trade and its many aspects, especially its effects on development.