UN General Assembly
1979

240. Despite the strenuous constructive efforts exerted by the group of developing countries during the sixth and seventh special sessions of the United Nations, and the North-South dialogue in Paris, and more recently at the fifth session of UNCTAD, to convince and persuade the advanced industrial countries to co-operate in establishing the new international economic order, these countries have continued to place obstacles in the path of the desired co-operation, clinging more and more to the privileges afforded them by the prevailing economic, commercial and monetary system, which is far from being just and is based on exploitation. As a natural consequence, the provisions of the General Assembly resolutions adopted at the two sessions remain a dead letter, and the Paris and Manila conferences have ended in failure.