United Nations Negotiating Conference on a Common Fund under the Integrated Programme for Commodities.

  • Author: UN General Assembly (32nd sess. : 1977)
  • Document source:
  • Date:
    19 December 1977

32. RESOLUTIONS ADOPTED ON THE REPORTS OF THE SECOND COMMITTEE*
193. United Nations Negotiating Conference on a Common Fund under the Integrated Programme for Commodities

The General Assembly, Recalling its resolutions 3201 (S-VI) and 3202 (S-VI) of 1 May 1974 containing the Declaration and the Programme of Action on the Establishment of a New International Economic Order and 3362 (S-VII) of 16 September 1975 on development and international economic co-operation, Recalling resolution 93 (IV) of 30 May 1976 the United Nations Conference on Trade and Development[1] on the Integrated Programme for Commodities and the agreed time-table in that resolution concerning negotiation of a common fund and for the completion of all preparatory meetings and negotiations on individual commodities, Noting the intensive work at the three preparatory meetings, held under the auspices of the United Nations Conference on Trade and Development during the period from November 1976 to March 1977, to provide the necessary technical basis for the United Nations Negotiating Conference on a Common Fund under the Integrated Programme for Commodities, Concerned that the first part of the Negotiating Conference, held from 7 March to 2 April 1977, failed to produce any result, Noting the agreement of Governments that a common fund should be established as a new entity to serve as a key instrument in attaining the agreed objectives of the Integrated Programme for Commodities, as embodied in resolution 93 (IV) of the United Nations Conference on Trade and Development, the agreement that the specific purpose and objectives of a common fund, as well as its other constituent elements wig continue to be negotiated in the United Nations Conference on Trade and Development, and the pledge to secure a successful conclusion at the second part of the Negotiating Conference, which was scheduled to be held from 7 November to 2 December 1977 at the plenipotentiary level, Deeply concerned that the second part of the Negotiating Conference had to be suspended on 1 December 1977 because of failure to agree on even the basic elements of a common fund which would make it a key instrument of the Integrated Programme for Commodities, in clear contradiction of the commitments made at the Conference on International Economic Co-operation, held in Paris, and subsequently reaffirmed within the United Nations Conference on Trade and Development, Mindful of the serious repercussions which this lack of result will have on the current negotiations on individual commodities and on the implementation of the Integrated Programme for Commodities as a whole, Acutely aware that the failure of the negotiations on a common fund will adversely affect the course of international economic co-operation, with serious consequences for the future relationships between developed and developing countries, Noting also that the developing countries and many developed countries are agreed on those basic elements of a common fund which will indeed make it a key instrument for attaining the agreed objectives of the Integrated Programme for Commodities, and expressing appreciation to those countries which have announced pledges to the common fund,

1. Calls upon those countries which have not yet done so to take the necessary political decisions on such basic elements in order to enable the United Nations Negotiating Conference on a Common Fund under the Integrated Programme for Commodities to resume its work within a clearly established negotiating framework;

2. Reaffirms the urgency of establishing the common fund and, to that end, requests the Secretary-General of the United Nations Conference on Trade and Development to undertake consultations with a view to reconvening the Negotiating Conference early in 1978.

107th plenary meeting
19 December 1977


[1] See Proceedings of the United Nations Conference on Trade and Development, Fourth Session, vol. I, Report and Annexes (United Nations publication, Sales No. E.76.Il.D.10 and corrigendum), part one, sect. A.
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