UN General Assembly
1984

127. Thus, it is regrettable that, after the adoption in 1974 of the Charter of Economic Rights and Duties of States [resolution 3281 (XXIX)], there is still a gap between the socio-economic development efforts of certain industrialized countries and others which are less industrialized. 128. The international crisis seems to have disallowed any claim of the developing countries to such development, and therefore to life. The assistance which is accorded them, dwindling day by day, is clearly inadequate and the terms of trade are growing worse at a dizzying pace. 129. Our countries are in debt and are bowed under the burden of the amounts due; these debts are worsened and inflated by the crisis of the international monetary system. At the same time, our balance of trade shows a deficit and access to development sources and new technology, which are so badly needed to maintain development projects, seems to be denied to us solely because we happen to be developing countries.