Report of the Secretary-General on General Assembly resolution 42/165 : resolution / adopted by the General Assembly

The General Assembly,

Recalling its resolution 42/165 of 11 December 1987, as adopted, on international economic security,

Taking note of the report of the Secretary-General on the question,

Emphasizing the role of the United Nations and the interest of its Member States in strengthening international co-operation for ensuring sustained development, particularly in the developing countries, and balanced growth in the world economy,

1.         Notes with appreciation the work undertaken by the Secretary-General on the subject;

2.         Recognizes that the discussions that have taken place on the subject have contributed to a growing common understanding of economic interdependence and have played a useful role in the continuing efforts to increase the efficiency and effectiveness of activities of the United Nations in the economic field and strengthen multilateral co-operation in international economic affairs to the benefit of all countries, especially developing countries;

3.         Emphasizes that a universal, constructive and comprehensive dialogue aimed at revitalizing economic growth and development, in particular the development of developing countries, is essential if effective and co-operative approaches to international economic issues are to be found;

4.         Invites the concerned organs and organizations of the United Nations system, in accordance with their respective mandates, to consider in their current activities the conclusions and recommendations contained in the report of the Secretary-General;

5.         Requests the Secretary-General to take the present resolution into account when preparing his report for the special session of the General Assembly devoted to international economic co-operation, in particular to the revitalization of economic growth and development of the developing countries.