UN General Assembly
1977

154. We have shown, since the sixth and seventh special sessions, the importance and need to narrow the vast gap between the wealthy nations in the North and the millions of poor people who live in the South. This can never be achieved unless \ e put an end to the painful conditions arising from the existence of very wealthy countries and others which are poor to the degree of deprivation, and unless we establish a new world economic order based on justice and equity and the right of all States and peoples to enjoy full sovereignty over their natural resources.