UN General Assembly
1956

144. In the international field, the Government of Venezuela, is convinced that the achievement of human Welfare in its various forms will contribute effectively to creating a spirit of solidarity and peaceful relations among peoples; that it why it has co-operated indefatigably in all plans for the attainment of those objectives. Quite recently, during the meeting in Panama of the Heads of State of the American republics, the President of Venezuela proposed the creation of an inter-American economic fund to be devoted entirely to the most urgent needs connected with the welfare of the inhabitants of our continent. In so doing, the Government of Venezuela was inspired not only by the lofty principles of co-operation which characterize the inter-American system, but also by those upon which the United Nations is based.