UN General Assembly
1968

37. The second session of the United Nations Conference on Trade and Development was clearly a failure. I think it would be absurd for us to pretend otherwise. Despite the great efforts made, nothing concrete or substantial emerged from the New Delhi meeting. That was the more to be regretted because the first UNCTAD meeting had set the tone and had laid down the general directions of principle and policy which should govern a new — and more equitable — order of international trade.