UN General Assembly
1990

In that respect, Tunisia supports the proposals contained in Mr. Craxi's report concerning a reconversion of bilateral debt through participation in the establishment of a development bank in the Mediterranean, the cancellation of debt-servicing for the least developed countries and the establishment of new payment timetables from 30 to 40 years. The implementation of those proposals, we feel, would contribute to resolving the foreign debt crisis of the developing countries. Heed we recall that a solution to the crisis constitutes one of the commitments undertaken by the international community at the eighteenth special session of the General Assembly devoted to the resumption of growth and development?