UN General Assembly
1982

and close consultation with other participants in the Conference. 166. It is of decisive importance for co-operation in good faith between industrial and developing countries that the dialogue between North and South should not be disrupted. We have unanimously decided to conduct global negotiations on the subjects of raw materials, energy, trade, development, monetary matters and finance. Together with its partners in the European Community, the Federal Republic of Germany urges that these negotiations be started now. At the economic summit in Versailles a constructive position on a resolution on the commencement of global negotiations was formulated and has since been endorsed by all the member countries of the Organ¬ization for Economic Co-operation and Development. Agreement must now be reached on the early com¬mencement of global negotiations 167. All too often in past decades the hopes placed in the United Nations have not been fulfilled. But we must not overlook the fact that the United Nations can be no stronger than the political will of all its Members to work together responsibly in the spirit of the