UN General Assembly
1976

316. We share with the majority of the developing countries the conviction that international economic relations must undergo significant changes. We also believe that the solution to development problems does not depend only on the building of new international structures and the creation of new conditions within which international economic relations are planned and put into practice. We think that there are ways open in the present institutional situation and that they should be used. 317. It is significant that on the fringe of, or parallel with, the meetings of the economic bodies of the United Nations system, other meetings have been held which enable the more developed nations to draw up a strategy for action in the light of the demands of the developing countries. In some of those meetings developing countries whose economic development makes their interests more clearly identifiable with those of the developed countries have taken part.