UN General Assembly
1979

104. The State of Bahrain has supported the efforts made in various international forums for the establishment of a new international economic order based on justice and equity. We have also explained the need to consider the means to ensure the establishment of such an order. It is regrettable that the various negotiations and the numerous dialogues between the developed and developing countries within the framework of the United Nations and other international forums have not led to tangible progress as a result of the failure of the developed countries to understand the demands made by the developing countries that structural changes be made in international economic relations, which are now based on exploitation. This is what happened at the fifth session of UNCTAD, held in Manila, which did not arrive at tangible results in this respect.