UN General Assembly
1975

64. We know full well that the question of international economic relations is a matter of general interest to industrialized and developing countries alike. One could venture to say, therefore, that the United States cannot have one policy for Latin America in this sphere, and another for the rest of the world, thus abandoning the global approach it has been following in international economic relations. 65. We understand that the problem is a global one requiring global solutions and policies. Nevertheless, this problem is particularly critical to the relations of the United States with Latin America. The United States could therefore work out specific arrangements for Latin America, within its over-all policy and not conflicting with it, that would take into account the geographical, historical, political and economic ties which unite our countries.