UN General Assembly
1977

114. For this we must pay a tribute to the President of the Republic of France, Mr. Valery Giscard d'Estaing, for having taken the initiative to convene in Paris the Conference on International Economic Co-operation in order to try to give real content to some of the generous but rather vague and indefinite goals of the plan of action. 115. Thus, despite the scepticism manifested at the closure of debate, we consider that the Conference has produced results which industrialized and developing countries should consider to be positive. The Conference never claimed to lay down an operative scheme that would lead to the immediate establishment of a new international economic, order not to overcome the differences between groups of countries on such delicate subjects as energy or the indebtedness of developing countries.