UN General Assembly
1977

8. Papua New Guinea has been involved, through direct participation, in programmes of action and development undertaken by the world community to create a peaceful and balanced world order, especially in the field of international trade. We have also followed with much interest the current North-South dialogue at the Conference on International Economic Co-operation. We deeply regret that the results of that Conference fell short of expectations. Papua New Guinea will continue its active participation in the meetings under the auspices of UNCTAD, particularly in relation to the Integrated Programme for Commodities with the common fund. We should like to see a much firmer commitment by the parties involved on these two particular issues. This commitment should be one based on an honest and realistic exploration of all avenues, because failing to do so may well lead to inappropriate and inadequate solutions, and certainly not to the new international economic order we all wish to see.