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UN Global Compact on Migration is the first inter governmentally negotiated agreement under auspices of UN to cover all dimensions of international migration in holistic and comprehensive manner.
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It is not legally binding.
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Its genesis can be found in New York Declaration for Refugees and Migrants adopted in September 2016 by UN General Assembly.
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Under this declaration, signatory UN member countries had decided to develop global compact for safe, orderly and regular migration.
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The process to develop this global compact for migration was started in April 2017.
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It was to reach international consensus at the UN in 2018.
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The purpose of Global compact of migration is to provide significant opportunity to improve governance on migration, address challenges associated with today’s migration, and strengthen contribution of migrants and migration to sustainable development.
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It sets out 23 objectives to deal issues ranging from factors that compel people to move, legal channels for migration, combating trafficking and smuggling, harnessing the economic benefits of migration and return of the migrants.
Facts:
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Currently, over 250 million migrants worldwide account for 3% of the world’s entire population, but contribute 10% of the global gross domestic production (GDP).
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Migrants remittance is huge contributor to their home countries’ development.