UN General Assembly
1979

318. It would seem that the industrialized States of the North are not fully aware of the fact that just as the time came for the eradication of colonial empires, the time has now come for the effective establishment of a new international economic order, characterized by the disappearance of the great inequalities" between the economically powerful countries and the countries which until now have not greatly developed, but which are struggling to improve themselves and can do so only through the elimination of the very privileges and advantages enjoyed by the former, particularly in regard to international trade. 319. Finally, on 8 April 1979 it was possible in Vienna to arrive at the adoption and signing of the Constitution of UNIDO as a specialized agency, This event constitutes one of the few achievements of the past year.