UN General Assembly
1978

154. An equally, if not more, important task for the United Nations now and in the years ahead is to address itself fully to the prevailing multifarious international economic problems by continually keeping up the momentum of the North-South dialogue until the solution to those problems is found. Hence, it is not only expected of, but also imperative for, the United Nations, as an international forum with universal participation, to be actively involved in the process of global negotiations relating to the establishment of the New International Economic Order, to which my Government is fully committed. For this reason, my delegation reiterates its full support for the mandate of the Committee Established under General Assembly Resolution 32/174, or the Committee of the Whole, on the establishment of that New Economic Order. The Committee cannot and must not fail in its task, since there is no alternative to it within the United Nations system if the United Nations is to play a major and meaningful role and to contribute positively towards the promotion of global economic interdependence.