A/RES/3039(XXVII) GA

Resolutions adoptNI on the reports o_f__'lie Second Comm_ittee_-____________ _ t<) enable him to submit periodic reports to the Trade and Development Board. 2 I I 5th 11/enary meeting 19 December 1972 :\037 ( X'\. VII). Chari Pr of the t•eonomie rights and 1]utiP~ of ~talP!-1 The General Assembly, Havin~ considered the report of the United Nations Confcre~cc on Trade and Development on its third session,94 Decides to enlarge the composition of the Working Group on the Chartc~ of the Economi~ Rights and Duties of States established under resolutrnn 45 (III) of 18 May 1972 of the United Nations Conference on Trade and Development, 9 " and authori~es t~e Secr~- tary-Gcncral of the Conference to appomt mne addi- tional members, in consultation with Governments of member States. ] 1 I 5 th plenary meeting 19 December 1972 3038 (XXVII). Dissemination of information and mohilization of public opinion regarding prohl1•1ns of trade and development The General Assembly, Bearing in mind paragraph 84 of the International Devclu11mcnt Strnteg:y for the Second United Nations Development Decade/'; relating to the mobilization of public opinion, Recalling its resolution 2800 ( XXVI) of 14 De- cember 1971, regarding the dissemination of informa- tion and the mobilization of public opinion relative to the review and appraisal of progress in the implementa- tion of the International Development Strategy, Noting with satisfaction resolution 43 (III) of 17 May 1972,97 in which the United Nations Conference on Trade and Development proposed a series of spe- cific measures for the dissemination of information and the mobilization of public opinion relative to problems of trade and development, Noting aha agreed conclusion 89 (XII) of 20 Octo- ber 1972, 98 adopted on the subject by the Trade and Development Board at the first part of its twelfth ses- sion, Convinced that improvement in the dissemination of information and the mobilization of public opinion, particularly among young people, would be an im- portant factor for greater awareness of the general problems of development and would thus promote the increased efforts required in the sphere of interna- ~4 See Proceedings of the United Nations Conference on Trade "nd Development, Third Session, vol. I, Report and Annexes (United Nations publication. Sales No.: E.73.II.D.4). !l5 fbid., annex I.A. HG Resolution 2626 (XXV). !J7 See Proceedings of the United Nations Conference on Trade and Development, Third Session, vol. I, Report and Annexes <United Nations publication, Sales No.: E.73.11.D.4), annex I.A. !i8 See Official Records of the General Assembly, Twenty- seventh St'ssion, Supplement No. 15 (A/8715/Rev.1), part one, annex I. tional co-operation for development and the success of the International Development Strategy, 1. Decides to institute a World Development In- formation Day with the object of drawing the attention of world public opinion each year to development prob- lems and till'. necessity of ~trcngthcning international co-operation to solve them; 2. Further decides that the date for this day shall coincide in principle with United Nations Day, 24 October, which is also the date on which the Interna- tional Development Strategy for the Second Nations Development Decade was adopted in 1970; 3. Invites the Tracie and Development Board to study at its fifth special session, devoted to the review and appraisal of the Second United Nations Develop- ment Decade, the preliminary report of the Secretary- General of the United Nations, 11" as well as the interim report requested of the Secretary-General of the U nit~d Nations Conference on Trade and Development 111 agreed conclusion 89 (XII); 4. Requests the Secretary-General of the United Nations to prepare, for the fifth special session of the Trade and Development Board, a detailed report elab- oratin~ the elements outlined in his preliminary report; 5. ~Further invites the Secretary-General o( the United Nations to indicate in the detailed report men- tioned in paragraph 4 above what measures he is c~m- sidering, in accordance with paragraph 5 of resolution 43 (II]) of the United Nations Conference on Trade and Development, to strengthen the informatiC?n serv- ices of the Conference and to regroup them, 111 close liaison with the Office of Public Information, in par- ticular the Centre for Economic and Social Informa- tion and other United Nations information sources, in an information unit responsible for giving wider pub- licity to the debates and decisions of the Conference concerning problems of trade and development and to the objectives of the International Development Strategy of concern k• the Conference; 6. Requests the Trade and Development Board at its fifth special session to outline a programme of events for World Development Information Day in 1973 and to make specific proposals to that end; 7. Requests the Economic and Social Council at its fiftv-fifth session, taking into consideration the report of the Trade and Development Board on its fifth spe- cial sc:,sion, to draw up a programme of events for World Development Information Day in 1971. 2 l l 5th plenary meeting 19 nc,emher 1972 :10;19 (XXVII). External debt servtcmg hv the devPloping countriPi;1 The General A ssemf1ly, Mind! ul of the purposes set forth in Article 55 of the Charter of the United Nations, which specifics that the United Nations should promote higher standards of living, full employment. and conditions of economic and social progress and development, Recalfing its resolutions 2170 (XXI) of 6 December 1966, 2415 (XXTJI) of 17 December 1968 and 2807 (XXVI) of 14 December 1971 concerning the need n9 A/8893. 54 General Assembly-Twenty-seventh Session to find practical solutions to the increasing external indebtedness of developing countries, Bearing in mind resolution 59 (III) of 19 May 1972 adopted by the United Nations Conference on Trade and Development at its third session,100 Noting that, according to official information given by the International Bank for Reconstruction and De- velopment to the United Nations Conference on Trade and Development at its third session, the combined gross national products of the countrie~ of the world increased by $1,100,000 million during the First United Nations Development Decade and all the developing countries together accounted for only 20 per cent of that increase, Taking into account the report of the World Bank Group to the Board of Governors, dated 25 September 1972, 101 on the steadily increasing burden of external debt servicing ( amortization and interest) by the de- veloping countries, which this year will exceed $7,000 million, A ware that, by absorbing ever-increasing percentages of their export earnings, the servicing of the external debt of the developing countries is jeopardizing the chances of attaining the goals set for the Second United Nations Development Decade, Considering therefore that it is urgently necessary to adopt practical measures to reduce effectively the burden represented by the external debt servicing of the developing countries, 1. Requests the Trade and Development Board to study, through its Committee on Invisibles and Fi- nancing related to Trade at its sixth session, the prob- lems deriving from the burden for the developing coun- tries represented by the servicing of their external debt, including the desirability and feasibility of the estab- lishment and operation of a special fund for the fi- nancing, and/or compensation, of the interest on that debt; 2. Further requests the Secretary-General of the United Nations Conference on Trade and Development to prepare, after consultation with the President of the International Bank for Reconstruction and Develop- ment and the Managing Director of the International Monetary Fund, a study on the matters referred to in paragraph 1 above with a view to its submission to the Committee on Invisibles and Financing related to Trade for consideration at its sixth session. 2115 th plenary meeting 19 December 1972 3040 (XXVII). Multilateral trade negotiations The General Assembly, Recalling resolution 82 (III) of 20 May 1972 as well as resolution 62 (III) of 19 May 1972, adopted by the United Nations Conference on Trade and De- velopment at its third session,102 and the principles 100 See Proceedings of the United Nations Conference on Trade and Development, Third Session, vol. I, Report and Annexes (United Nations publication, Sales No.: E.73.JI.D.4), annex I.A. 101 See International Bank for Reconstruction and Develop- ment-Intern~tional Development Association, Annual Report, 1972 (Washmgton, D.C.). 102 See Proceedings of the United Nations Conference on Trade and Development, Third Session, vol. I, Report and Annexes (United Nations publication, Sales No.: E.73.II.D.4), annex I.A. contained in paragraph 1 of resolution 82 (III), which were drawn up by the developing countries to serve as guidelines for the multilateral trade negoti:1tions in 1973, Recalling further the agreed conclusions adopted hy the Trade and Development Board at the lirst part or its twelfth session, rn;i Considering the importance of those multilateral trade negotiations from the point of view nf the trade and economic intnests of the developing countries, Recognizing that the negotiations may kad to very important changes in world economic affairs and that the interests of the developing nations should be taken fully into account both in the field o[ trade and in the spheres of international monetary reform and develop- ment financing, Considering that the summing-up by the Chairman of the Contracting Parties to the General Agreement on Tariffs and Trade at its twenty-eighth session, on 14 November 1972, regarding the objectives of the developing countries in the multilateral trade negotia- tions may be considered a step forward in so far ,1s it states that the negotiations should aim at securinf additional benefits for the international trade of the developing countries so as to achieve a substantial in- crease in their foreign exchange earnings, diVL'rsifica- tion of their exports and an acceleration of the rate of growth of their trade, taking into consideration their development needs, Taking into account the establishment of a Prcpar,1- tory Committee for the Trade Negotiations within the framework of the General Agreement on Tariff, and Trade, I. I nvitcs all Contracting Parties to the General Agreement on Tariffs and Trade to give priority atten- tion to the economic and development needs of devel- oping countries during the preparatory work as well as in all stages of the multilateral trade negoti:ltions: 2. Also invites the Contracting Parties to the Gen- eral Agreement on Tariffs and Trade to re-examine, with a view to their adoption, the objectives of the developing countries in the multilateral trade negotia- tions that were not included in the summing-up by the Chairman at the twenty-eighth session of the General Agreement, particularly those relating to the economic development of the developing countries, such as an increased share for the developing countries in world trade, an improvement in the conditions of access for their exports to the markets of the industrialized coun- tries and new rules for the international trade of those countries; 3. Declares that the multilateral trade negotiations should contribute effectively to a more equitable inter- national division of labour; 4. Recommends that the Contracting Parties to the General Agreement on Tariffs and Trade should take full account of the following principles. to serve as guidelines for the multilateral trade negotiations: (a) The developing countries, collectively or indi- vidually, shall not suffer, directly or indirectly, adverse or prejudicial effects as a result of these negotiations: on the contrary, the negotiations 5hall provide the de- veloping countries with additional benefits that repre- 10~ See Official Records of the General Assembly, Twenty- seventh Session, Supplement No. I 5 (A/8715/Rev. J), part one, annex I.

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