UN General Assembly
1970

72. To lose sight of the fact that primary commodities constitute the essential resources of the developing countries would be a grave omission. Among the measures envisaged for the Second Decade the developed countries should undertake to promote the conclusion of international agreements on the more important commodities. On this subject, my country welcomes the success of the Conference of cocoa producing countries which was held at Lome late in March this year. We earnestly hone that the concrete results achieved will persuade the consumer countries of our determination to conclude an international agreement on that commodity. 73. If specific commitments should be undertaken in the field of trade, particularly as regards primary commodities, the same applies to development programs, whose implementation will bring the targets of the Second Decade within reach. Specific obligations should be entered into by the developed countries. Although the 1 per cent target is not sufficient to bring about spectacular results, it constitutes a minimum.