UN General Assembly
1975

161. I shall simply limit myself then to mentioning here that after long and laborious negotiations, the seventh special session made possible the resumption of the dialog between the Northern and Southern Hemispheres on the establishment of a new international economic order. 162. The United Nations of 1975 with its tendency towards universality is not the United Nations of the' 1950s. Today it cannot be content with arrangements that safeguard the interests of some of the Member States to the detriment of the great majority of the international community. 163. Confrontation has only narrowly been avoided. The thirtieth session gives us an opportunity to continue the dialog and to envisage broader international negotiations which should allow us to lay the foundations of a new international economic order. We must be able to overcome our limitations in order to control and direct events and to assume full responsibility for the evolution of our society.