UN General Assembly
1996

the resulting higher incomes in the recipient developing countries would benefit the economies of the developed industrial countries as well. In this regard, we have high hopes for the successful conclusion of the fourth economic summit, to be held in Cairo next November. This will provide another opportunity for foreign investors to contribute to the region’s development and to the consolidation of peace — quite apart from the benefits they and the economies of countries are bound to reap. 10 One of the region’s biggest and most complex problems is that of Palestinian refugees; its settlement has been deferred to the final status negotiations. It is regrettable that the international community has not yet given this important political and humanitarian problem the attention, understanding and assistance it deserves. Every year we receive the report of the Commissioner-General of the United Nations Relief and Works Agency for Palestine Refugees in the Near East, in which he describes the Agency’s budget deficit and the consequent need to reduce the level of services provided to the refugees.