IOM, the UN Migration Agency, and the Parliamentary Assembly of the Council of Europe (PACE) hosted on 18 May 2018 the first Annual Diaspora Forum at the UN Office in Geneva, Switzerland. The forum is dedicated to “Diasporas as partners for development in the globalized world.” The Annual Diaspora Forum brought together parliamentarians, business, diaspora associations, government and international organizations to discuss the complex intersection between diaspora, migration, and development and its implications for countries of origin and destination. The Forum focused on the economic and development contributions of transnational communities in countries of origin and destination, as well as the importance of a global approach to migration governance. It also considered ongoing discussions on diaspora that the international community is engaged in within the context of the Global Compact for Migration, which is expected to be adopted on 10 and 11 December 2018 in Morocco.