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A/RES/626(VII) GA

Right to exploit freely natural wealth and resources : resolution / adopted by the General Assembly

7
Session
36
Yes
4
No
20
Abstentions
Draft symbol Amended by A/L.143
Adopted symbol A/RES/626(VII)
P5 Positions
Russia United States United Kingdom China ~ France ~
UN Document A/RES/626(VII) ↗

Vote Recorded VoteA/PV.411 Dec. 21, 1952

— Abstain (20)
✗ No (4)
✓ Yes (36)
Full text of resolution OCR extract — may contain errors
lB and, where appropriate, to bring new lands under cul- tivation and to increase their agricultural productivity, especially of foodstuffs, by following the recommenda- tions and resolutions adopted by the General Assembly and by the Economic and Social Council on those questions; 2. Invites the Secretary-General and the specialized agencies, in carrying out their studies and activities on the questions of land reform to place particular em- phasis on: {a) The speeding up, at the request of the inter- ested governments and according to the circumstances prev3:iling in different countries or regions, of such practical measures to encourage the promotion and the carrying out of their land reform programmes as : • The convening of international and regional con- ferences on the development of natural resources, especially land resources, and on land administration, The organization of seminars on problems con- nected with the welfare and economic and social progress of rural populations in a country or in countries of a geographical region, and The setting up of regional centres for training experts in the several specialized fields relating to the improvement of agricultural structures; (b) Practical measures of technical assistance so as to increase agricultural output, especially of food- stuffs, to prevent the loss of, or decrease in, harvests of those foodstuffs and to improve production meth- ~s, increase sales and encourage equitable distribu- tion; 3. Reiterates paragraph 5 of General Assembly resolution 524 (VI) which "Urges the governments of Member States, in working out their fiscal policies, to give active consideration to making funds available for projects of agrari,m reform and invites the insti- tutions providin(f international loans tp give sympa- thetic consideration to loan applications from under- developed countries for development projects which are designed to implement their programmes of agrar- ian reform including projects designed to bring new lands under agricultural cultivation, and invites these institutions, consistent with their maintenance as self- supporting entities, to consider making any such loans on terms of interest and amortization designed to place the smallest feasible burden on the borrowing coun- tries"; 4. Requests the Secretary-General to assist the gov- ernments of Member States, at their request to give to the actions of the General Assembly and the Eco- nomic and Social Council with regard to the question of land reform the widest possible publicity among farm organizations and other interested persons or groups, in order to ensure that the policy recommenda- tions of the United Nations shall be widely known and understood. 411th plmary m11ting, 21 December 1952. 626 (VII). Right to exploit freely natural wealth and resources The General Assembly, Bearing in mind the need for encouraging the under- developed countries in the proper use and exploitation of their natural wealth and resources, Considering that the economic development of the under-developed countries is one of the fundamental requisites for the strengthening of universal peace, Remembering that the right ot peoples freely to use and exploit their natural wealth and resources is in- herent in their sovereignty and is in accordance with the Purposes and Principles of the Charter of the United Nations, l. Recommends all Member States, in the exercise of their right freely to use and exploit their natural wealth and resources wherever deemed desirable by them for their own progress and economic develop- me~t, to have due regard, consistently with their sov- ere1~ty, to the need for maintaining the flow of capi- tal in conditions of security, mutual confidence and economic co-operation among nations ; , 2. Further recommends all Member States to re- ttain fro~ acts, direct or ~ndirect, d~signed to impede the exercise of the sovereignty of any State over its natural resources. 411th plenary meeting, 21 December 1952. 627 (VII). Activities of regional economic com- mi■1lom and economic development of un- der-developed countriea The General Assembly, C_on.siderlnfl that the report • of the Economic and Social Council (chapter III, section V) gives an ac- count of the interesting activities of the Economic Commissions for Latin America and for Asia and the Far East in the field of economic development of under-developed countries, Considering the important contribution which the Economic Commission for Europe can make to the ec_onomic development of the under-developed coun- tries, not onl_y by its action on behalf of the less- ~ev~oped region~ of Eu~ope, but also by the collabora- tion 1t. ~ est:&bbshed. with th~ <?ther re~onal economic collll'D1ss1ons m carrymg out JOtDt studies, Beamg in mind that the economic development of ~der-developed_ countries, consistent with the objec- tives set forth m Article 55 of the Charter namely the promotion of "higher standards of living; full em~ ployment and conditions of economic and social prog- ress aJ?d d~velopment", can best be carried out through co-ordmation among the countries of a region and among the various regions, .B~aring in mind that the regional economic com- m1ss1ons have become effective instruments of inter- national economic co-operation and for that reason should continue to play an important part in the work 1 See Ogi&ial R,cortls of tit, GlflWol A11nnbly, Snfflllt S11.rion, Suppllfflfflt No. 3.
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UN Project. “A/RES/626(VII).” UN Project, https://un-project.org/votes/resolution/A-RES-626(VII)/. Accessed .