UN General Assembly
1973

212. With regard to the efforts being made by the Central American Governments to speed up the economic development, we believe it is indispensable for all developing nations to define the economic rights and duties of States in a charter in keeping with present ideas, but flexible enough to be adapted to future situations. The prompt adoption of such a charter by the international community would set the stage for an era of constructive calm. 213. Despite the fact that in 1970 the General Assembly adopted the International Development Strategy for the Second United Nations Development Decade, many policy measures included in the Strategy have not been implemented. Furthermore, the world economy has suffered a series of grave upheavals, with particularly unfavourable repercussions on the developing countries. That situation surely calls for political will on the part of the developed countries to implement new forms of international co-operation that will cover global interests and treat common problems, without distinction, in the light of interdependence.