UN General Assembly
1988

The Final Declaration of the seventh session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva in July-August 1987 sheds a new light on our apprehensions in that, in view of the instability in export revenue from our commodities and the resultant vulnerability of the economies of our countries, UNCTAD is advocating a diversification of exports on the one hand and the preparation of studies of phenomena that impede such diversification. Despite a slight increase in commodity prices in 1983-1984, the unfavourable conditions that weighed on our markets since the beginning of the 1980s continued in 1985. The weakness of commodity prices in the course of recent years is due to the fact that despite increased supply of products, demand has hardly increased.