UN General Assembly
1979

109. It is, however, true that among the wealthy nations a certain slow awareness is growing of the need to overcome these economic phenomena. The most concrete expressions of this took place at the meetings of the Guadeloupe Summit, held from 4 to 6 January 1979, and of the Tokyo Economic Summit, held on 28 and 29 June 1979. If they have not yet finally understood that an economic organization on a collective basis, even if it disturbs and upsets selfish interests, would be a global system that would be more advantageous for all, they have at least become aware that a world monetary and economic system must be established. This calls for an agreement on the part of the principal partners, an agreement that is difficult to achieve because of their great number and the extent of national self-interest.