UN General Assembly
1964

106. The weaknesses of the developing countries, and their grievances, have been set forth at the Geneva Conference. The States represented at that historic Conference agreed on the need to establish forthwith an international commodities organization which, inter alia, would ensure that the developing countries had a regular market for their export products, in increasing quantities, and at remunerative prices. Our main concern is that the purchase price of those products should never be allowed to decline in relation to the prices of the manufactured products imported by our countries.