UN General Assembly
1988

Since the beginning of the 1960s, special emphasis has been laid on the need to make changes in international economic relations, especially in the areas of trade and price mechanisms for raw materials, with stress on the principle of reciprocity of advantages in international trade. In this regard, a number of initiatives have been widely debated, and important decisions Have been taken by the United Nations and the various specialised agencies in the United Nations system. By examining the various agreements and resolutions, however, we may conclude that there have been too many partial solutions and too many broken promises.