UN General Assembly
1963

206. The practice of inequality and discrimination in international economic and trade relations is being continued and even intensified. This practice is also the cause of instability in the broader field of international relations. The contradictions of the transitional era are reflected, inter alia, in the fact that parallel with the progress in solving the political problems in the world and the liberation of peoples, there is a disquieting aggravation of the disproportion in the degree of development, in the economic power and in the wealth of certain peoples and countries. This is being most severely felt by the newly independent and the developing countries. In their endeavours to step up their economic and social development and to increase their productive forces, these countries are meeting with a lack of understanding and with difficulties on the part of many highly industrialized countries and of their closed economic organizations.