UN General Assembly
1953

69. At its last session, held at Geneva, the Economic and Social Council took certain decisions to deal with the economic difficulties likely to arise out of the armistice in Korea and the discontinuation of armaments programmes. Political, economic and social factors are obviously so closely interwoven that a political decision of any nature, even one relating to the peace or the armistice, automatically affects the economic and social situation. 70. This brings us to consider what the United Nations, under the Charter, has done in these fields. The principles of economic co-operation have resulted in the establishment of our two financial and monetary organs, and of certain practical programmes, such as the Expanded Programme of Technical Assistance.