UN General Assembly
1981

102. Economic cooperation among developing nations is a primary and necessary component for achieving a new international economic order, as well as one of its main objectives. Economic cooperation among developing nations cannot replace the NorthSouth dialog; it is complementary to it. Economic cooperation among developing nations has achieved tremendous progress during the past few years, particularly since the conferences at Arusha and Mexico and the High-level Conference on Economic Cooperation among Developing Countries, held last May at Caracas, which adopted a comprehensive, ambitious program for economic cooperation among developing nations [A/36/333 and Corr.l, annex]. This program will be a significant factor in achieving collective self-reliance and economic development of developing nations. The Socialist People's Libyan Arab Jamahiriya, as a developing nation, wholeheartedly supports economic cooperation among developing nations and seeks the achievement of its objectives through the aid it provides to other developing nations, either bilaterally by establishing joint companies and banks, or in the form of the assistance provided by the Organization of Petroleum Exporting Countries or through trade and the exchange of experts or information in the scientific and technological fields.