UN General Assembly
1975

95. Among these new tasks there is especially one to which I should like to draw attention: the resources of the sea and the on-going negotiations on the international law of the sea. 96. My Government attaches great importance to the work of the Third United Nations Conference on the Law of the Sea. New technology, new economic needs and resource perspectives, new strategic and political priorities have caused new legal concepts to evolve. Therefore, it is essential that the various and also competing forces should be channeled through the machinery of orderly international negotiations, so that just and balanced solutions may be formed and a reasonable accommodation of opposing interests achieved.