UN General Assembly
1980

14. The United Nations, through the General Assembly, conferences and committees, has exerted strenuous and benevolent efforts towards setting up a new international economic order. Though five years have elapsed since the foundations of such an order were laid, the industrial nations are still placing obstacles in the way of this order, clinging to the advantages afforded them by the present economic, trade and monetary system, which is based on exploitation and is far from being just. As a consequence, the resolutions adopted by the General Assembly and various international bodies are at a deadlock and such efforts have failed so far.