UN General Assembly
1973

226. In my view the bleak and disappointing results of the first two or three years of the Second Development Decade make it urgent and imperative that both the developed and the developing countries should vigorously make a concerted effort, not only to implement the existing targets and policy measures of the Strategy, but also to seek new areas of agreement, to widen and deepen existing ones, to evolve new concepts and standards and to seek agreement on additional measures. As an extension of the new east-west policy of detente, both rich and poor countries should seriously strive to establish new structural relationships on the basis of equitable co-operation and partnership, as well as mutual benefit. The world community ought to realize that, while the basic responsibility for the development of the developing countries rests with those countries themselves, development, like maintenance of world peace, is a global problem that transcends national frontiers and very often defies national solutions, and it is therefore a joint responsibility of all nations.