UN General Assembly
1987

In this spirit, with regards to the clearly expressed desire to channel a larger share of development aid to the least developed countries, the Assembly is called upon to carry out a more thorough debate with a view to having the international community clearly define the ways and means to be mobilized to overcome the obstacles standing in the way of the development of third-world countries. In particular, production capacity must be increased, as must financial resources devoted to development aid; and the constraints inherent in the external debt burden must be alleviated. The debt problem has caused the most acute concern for the third-world countries, in particular African countries. For Africa, the external debt is a heavy burden, a bottle-neck in the development process, for it is one of the many negative factors that are undermining its ability to pay, while the imbalances m international economic trade from which it suffers are being exacerbated.