UN General Assembly
1964

84. Let me mention in this context, as a typical example, the Special Fund. The excellent results obtained by the Fund are, in the opinion of many countries, partly due to the structure of its governing body which provides for parity of representation between more developed and less developed countries, and for an advisory role for the specialized agencies. For this reason the main donor countries place great value on the maintenance of this well-tested structure in the planned merger between the Special Fund and the Extended Programme of Technical Assistance into a new Development Programme. For reasons of wisdom and equity this balance should be maintained; for I seriously fear that if the future structure were to be based purely on voting strength this would lead, as far as my country is concerned, to a reappraisal of the extent of our contributions. Basically this is a matter of mentality more than of written texts. No clause about weighted voting, no conciliation procedure, no assurances of self-restraint of the General Assembly will have much effect on the future of the Trade Conference, unless the majority of the Members is conscious of the views, the interests and the responsibilities of the minority.