UN General Assembly
1976

37. As we have repeatedly stated, this attitude of Cuba's is in keeping with our policy based on principle and therefore cannot be modified. 38. Economic problems have aroused much attention during the current general debate as a reflection of the growing concern of the developing countries over a situation which calls for strong and effective measures if we truly wish to establish an order of relations that will promote peace and be based on co-operation. The present economic crisis is placing an increasing burden on the peoples of the third world. The Declaration and Program of Action for the Establishment of a New International Economic Order [resolutions 3201 (S-VI) and 3202 (S-VT)J have remained a dead letter, and the majority of the developed capitalist countries have shown no true will to make changes in the structure of the world economy and trade, which is an inescapable need and a demand that is firmly supported by all the countries of the so-called Group of 77. Meanwhile, the inflationary process continues, and the capitalist world burdens with its consequences the under-developed countries, which in turn do not obtain remunerative prices for their exports or find favorable conditions for the development of their trade. It is imperative that the developing countries strengthen their unity to demand radical changes that will put an end to this unequal exchange and to the burdensome load imposed by external debt on many States, and that will help promote a true transfer of resources for development.