UN General Assembly
1973

103. Of equal significance to developing countries is the United Nations World Population Conference to be held in August 1974 in Bucharest at the invitation of the Government of Romania. The problem of population is of fundamental importance to the future of humanity, and a coherent approach to this highly complex issue is needed to make the best use of our available knowledge and resources. The United Nations has already made impressive progress in this field through the United Nations Fund and Population Activities and it is hoped that the conference will further help us to see this problem in all its dimensions. 104. My delegation holds that economic relations among States should be governed by agreed principles and that a charter of economic rights and duties of States will be of benefit to all countries. One of these rights is the right of States to permanent sovereignty over all their natural resources.