UN General Assembly
1970

69. We must also note with those at the head of international economic bodies that the target of 1 per cent of the gross national product of the wealthy countries as assistance for the developing countries, which was accepted at the second session of the United Nations Conference on Trade and Development and which has just been approved by the Preparatory Committee for the Second Decade, is far from having been attained. In 1969 the wealthy countries devoted to the third world only 0.72 per cent of their national income, as compared with 0.79 per cent in 1968. The percentage devoted by the world's wealthiest country has even declined from 0.66 to 0.49 per cent. We sincerely regret this sad reality. On the other hand, my country welcomes the substantial assistance afforded it by certain countries, in particular France and West Germany.