UN General Assembly
1956

178. The just solution of this problem is, however, considerably complicated by the vast sums certain States are spending on armaments and by the fact that the assistance these States are giving to underdeveloped areas has a preponderantly military character. The Romanian Government has declared itself in favour of granting economic and technical assistance to under-developed areas on the basis of full equality of rights and without any military or political conditions. It is in this spirit that the Romanian People’s Republic will support the establishment of the Special United Nations Fund for Economic Development. We consider that the exchange of technical experience on an international scale, as is in practice developing, could extend to all countries, the most advanced as well as the least advanced. The Romanian Government favours such an exchange of experience. It is prepared, for instance, to pass on to other countries its own experience in the oil industry.