A/RES/1324(XIII) GA

Resolutions adopted on the reporta of the Seeond Committee 21 larly with the less developed countries, including joint studies on trade among various regions, on the lines of those already made, such as studies on possibilities of the expansion of international trade with a view to assisting the economic development of the less developed countries; 3. Requests the Economic and Social Council to in- clude in its next annual report to the General Assembly the results produced by the studies and research under- taken pursuant to paragraph 2 above. 788th plenary meeting, 12 December 1958. 1323 (XIII). Questions relating to the promotion of international trade and to assistance in the development of less developed countries The General Assembly, Bearing in mind the main economic objectives of the United Nations, which consist in promoting higher standards of living, full employment and conditions of economic and social progress and development, Aware of the lack of balance shown in the trend of economic growth in the different parts of the world during the last decades, Conscious of the highly detrimental effect that an uneven_trend of development may, in some cases, exer- cise on the economies of the less developed countries and, thereby, on the degree of gainful employment and on the level of standards of living existing in these coun- tries, Noting the keen interest shown by the delegations in international economic problems during the general debate in the Assembly, Convinced that the United Nations should show a still greater interest in the factors of world economy influencing the rate of economic development of the less developed countries, Requests the Secretary-General, on the basis of the records of the work of United Nations economic bodies during recent years and other appropriate materials, including information to be received from Governments in response to General Assembly resolution 1316 (XIII) of 12 December 1958: (a) To prepare an analytical summary of various means of accelerating economic growth in less developed countries through international action ; ( b) To present the above-mentioned analytical sum- mary to the Economic and Social Council at its twenty- eighth session for discussion, and for submission to the General Assembly at its fourteenth session of such com- ments on the matter as the Council deems necessary. 788th plenary meeting, 12 December 1958. 1324 (XIII). International commodity problems The General Assembly, Having in mind the importance of export earnings to the economic development of many countries, in par- ticular the less developed -.:ountries, and bearinr in mind the fact that changes in the terms of trade have conse- quences on the economic development of many countries, Appreciating that a more rapid rate of expansion in the export trade of the less developed countries is of major importance for their soundly based economic de- velopment, Considering the serious problems both of a short-term and a long-term nature which confront many countries, particularly the less developed countries, as a result of excessive fluctuations in the prices of many primary products and of the impact on international trade in such products of protectionism in its varied forms, Realizing therefore the urgent need for continuing efforts to bring about more assured conditions for com- modity trade and a mitigation of the difficulties at pres- ent facing many producers of both agricultural and mineral commodities, N ot-inq Economic and Social Council resolution, 691 A 0(XXVI) of 31 July 1958 reconstituting the Commission on International Commodity Trade, Recognizing that, as stated in that resolution, the development of specific proposals for possible action by Governments with respect to particular commodities continues to be the responsibility mainly of inter-gov- ernmental commodity study groups, Expressing the hope that the Commission on Inter- national Commodity Trade will be able to make a greater contribution to the establishment of more as- sured conditions for international commodity trade, Recognizing the increasing attention which Govern- ments are giving to commodity problems as evidenced by the work of the Committee on Commodity Problems of the Food and Agriculture Organization of the United Nations and such developments as the recent establish- ment of a coffee study group, the meetings on copper, lead and zinc recently convened by the United Nations, the recent renegotiations of the International Sugar Agreement, the discussions taking place toward the renegotiation of the International Wheat Agreement, and the consideration currently being given by the con- tracting parties to the General Agreement on Tariffs and Trade to the commodity aspects of international trade, Recognizing further that, for the most part, effective action with respect to given commodities will require the active co-operation of both major producing and major consuming countries in their mutual interests, Noting wit>h satisfaction the growing tendency of Governments to broaden the scope of international study and discussion of commodity problems to cover not only price instability as such but also its underlying causes, economic effects and possible means of dealing with them, 1. Urges Governments of Member States to continue to examine, on a commodity-by-commodity basis, the question what measures may be desirable and feasible in offering solutions to particular commodity problems; 2. Supports the action taken by the Economic and Social Council under resolution 691 (XXVI) for the purpose of making the Commission on International 22 General Assembly-Thirteenth Session Commodity Trade more effective, and its decision to convene the Commission early in 1959; 3. Recommends that the principal producing and con- suming countries give careful consideration to the possi- bility of becoming parties to or actively co-operating with existing international trading arrangements deal- ing with the problems of commodity trade; 4. Expresses the hope that countries which do not participate in or co-operate with established interna- tional trading arrangements will refrain from the use of trade practices generally considered to be unfair which would impede or prevent the satisfactory work- ing of those arrangements ; 5. Appeals to the Governments of all Member States to increase their efforts to promote conditions favour- able to the expansion of international trade and, in rela- tion tu their commercial policies and trade practices, to take into account any possible ham1ful repercussions which they might have, particularly on the trade of under-developed countries. 788th plenary meeting, 12 December 1958.

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