UN General Assembly
1988

To permit economic growth in developing countries in general, and in the poorest countries of Africa in particular, we believe the international community should continue action on the three fronts of debt, trade and raw materials and on the development of human resources. With respect to debt, the crushing burden of debt servicing constitutes a brake on the development of our States. We believe that sustained joint effort involving a comprehensive, honest view of the problem by all is the only way to bring creditor and debtor countries together for a more just and equitable solution in keeping with the spirit and letter of the recommendations set out in resolution 42/198 and the decision of the seventh session of the United Nations Conference on Trade and Development (UNCTAD).