UN General Assembly
1972

15. Peace, security and prosperity are indivisible. The world economy cannot prosper in insecurity. My delegation believes that true independence derives from economic strength, from a carefully planned utilization of all national resources, material and human. Recently we have seen a detente in East-West relations which has opened up great possibilities for trade and for developmental financing among these countries. My delegation, however, notes with great concern the absence of a provision for developing countries in these arrangements and wonders how the objectives of reducing economic and technological gaps between developed nations and the third world will ever be realized. With this, coupled to the forbidding portents of the European Economic Community, if seems to my delegation the third world ought to be responsible for the control and development of its economies and seek a more rapid integration into the mainstream of the world economy by pressing for a fair share of international trade, by intensifying trade among themselves, by transferring modern technology to their own countries and by securing ready access for manufactured goods to the markets of developed countries.