UN General Assembly
1990

It is a fact of life that the world will never enjoy real political détente without economic security. We all know that the economic crisis continues and that the problems besetting most developing countries cannot be solved without help from the industrialised countries. The international community continues to be confronted by the debt problem^ which defies all solutions. We believe that no solution can be found until the industrialised nations reduce their restrictions on trade and modify their monetary policies. In that connection, we consider that the United Nations Conference on the Least Developed Countries held in Paris is a good beginning, one that, we hope, will open the door to other measures which may lead to solutions to the chronic problems of economic development in the developing countries.