UN General Assembly
1991

If the emerging new era is to be based on peace, justice, stability and relations of cooperation, international economic problems should be addressed through dialogue and negotiations between the developed and developing countries. The achievement of a consensus on the national and international actions needed to accelerate development in the 1990s, as set out in the International Development Strategy adopted by the Assembly last year, as well as in the Declaration of the eighteenth special session of the General Assembly, had rekindled some hope that the spirit of dialogue and cooperation was also extending to international economic relations. However, the lack of a successful outcome to the Uruguay Round of multilateral trade negotiations at the end of 1990 dashed most of our hopes.