UN General Assembly
1978

88. Although there are a number of outstanding issues for which satisfactory solutions have not been found, Kenya believes that, judging by the very significant progress so far made, a real possibility now exists of arriving at a generally acceptable convention at the next session of the Conference, Kenya will go to the next session with an open mind, prepared to proceed in the spirit of compromise in the earnest hope that all other delegations will do likewise. 89. It is therefore not surprising that there was strong resistance on the part of most delegations to reopening the issues dealt with in the compromise formula during the recent resumed session held in New York this summer. We strongly believe that the compromise formula represents the basic minimum the developing countries will accept if the parallel system of exploration and exploitation that has been accepted is to be of any benefit to them. The developed countries must accept the Geneva compromise if they are at all serious in their often expressed desire for a negotiated convention,