UN General Assembly
1973

34. I should like to express the appreciation of the Government and the people of Ghana for the Cocoa Agreement which provisionally came into effect on 30 June 1973. It is hoped that the signatories to the Agreement that have not yet ratified it will do so soon and that those who missed the opportunity of signing it will accede to it in due course. The difficult course through which this Agreement has passed is a symptom of a cancerous growth that continues to plague our world community: narrow national interests constantly blind us to over-all global interests. It is the hope of my delegation that the Cocoa Agreement will not be the last commodity agreement to be concluded and that it will be followed by other commodity agreements. It is only when such agreements to stabilize the prices of commodities on which the economies of developing countries largely depend have been concluded that those countries can hope for a planned and sustained economic growth.