UN General Assembly
1979

296. The challenge before us is to remove the impediments to an orderly utilization of world resources for the benefit of present as well as future generations. This can be done only within the context of the new international economic order. The new order is designed to herald a new era in the international system in which the sovereignty of the developing countries has finally come to mean more than political independence. The new order, for the first time in many centuries, gives the developing countries a better chance to increase their share in the world's wealth. The ultimate aim is to enable the common man in these nations to emerge from his misery, to enjoy basic human rights and ultimately to move into the mainstream of human civilization. As the new order is designed to guarantee more equitable relations in the international system, it is bound to contribute to peace, security and justice for all mankind. To try to check this significant trend would be simply to try to reverse the course of history.