UN General Assembly
1952

117. General agreements should be concluded in which the under-developed countries can participate on an equal footing with the industrialized countries and in which the interests of both sides are safeguarded, so that all types of resources — raw materials, labour, technical processes, equipment, machinery and capital — may be used co-operatively. Only in this way can the general welfare be promoted in an equitable manner. The only way to see to it that an adequate programme of economic development satisfies the essential requirements which I have outlined, is to entrust its execution to the United Nations; for then the countries which receive assistance will have no fear that their interests will be sacrificed for the benefit of other countries or groups.