Signature and ratification of the Agreement Establishing the Common Fund for Commodities

  • Author: UN General Assembly (38th sess. : 1983-1984)
  • Document source:
  • Date:
    19 December 1983
 

RESOLUTION ADOPTED BY THE GENERAL ASSEMBLY
Signature and ratificiation of the Agreement Establishing the Common Fund 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, 3281 (XXIX) of 12 December 1974, containing the Charter of Economic Rights and Duties of States, and 3362(S-VII) of 16 September 1975 on development and international economic co-operation, Recalling also its resolutions 35/56 of 5 December 1980, the annex to which contains the International Development Strategy for the Third United Nations Development Decade, and 37/211 of 20 December 1982 and resolution 153(VI) of 2 July 1983 of the United Nations Conference on Trade and Development, Noting with appreciation the offer made by the States members of the Organization of Petroleum Exporting Countries, as well as by Norway and the European Economic Community, to pay the full capital subscriptions of the least developed countries and a number of other developing countries concerned, Having considered the report of the Secretary-General on the status of the Agreement Establishing the Common Fund for Commodities, Reiterating its concern at the slow pace of progress in the signature and ratification of the Agreement, and regretting that the Agreement did not enter into force on 30 September 1983,

1. Reaffirms its strong support for the Agreement Establishing the Common Fund for Commodities and for its early entry into force;

2. Expresses the hope that all States that have signed but not yet ratified, accepted or approved the Agreement will expedite the necessary action to that effect, and strongly urges all States that have not yet done so to sign and ratify the Agreement without any further delay;

3. Decides to review the implementation of the present resolution at its thirty-ninth session.

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