International debt crisis and development : enhanced international co-operation towards a durable solution to the external debt problems of developing countries : resolution / adopted by the General Assembly.
1990
Files
Details
SymbolA/RES/45/214
TitleInternational debt crisis and development : enhanced international co-operation towards a durable solution to the external debt problems of developing countries : resolution / adopted by the General Assembly.
AccessEnglish: A_RES_45_214-EN - PDF ; Español: A_RES_45_214-ES - PDF ; Français: A_RES_45_214-FR - PDF ; Русский: A_RES_45_214-RU - PDF ; العربية: A_RES_45_214-AR - PDF ; 中文: A_RES_45_214-ZH - PDF ;
Summary
Stresses the need to continue to strive to achieve, through dialogue and shared responsibility, during the initial years of the present decade, a durable, equitable and mutually agreed growth-and development-oriented solution to the debt problems of developing countries; invites the multilateral financial institutions to provide support for debt and debt-service reduction packages; recognizes that increased cooperation between IMF and the World Bank and other multilateral financial institutions is welcomed but should not lead to cross-conditionality; emphasizes the need to provide substantial concessional resources to the developing countries and in that regard emphasizes that developed countries should implement their undertakings to attain the agreed international target of devoting 0.7 per cent of gross national product to official development assistance, as well as the agreed targets established at the 2nd United Nations Conference on the Least Developed Countries; recognizes that a durable solution to the debt problems involves, inter alia, a substantial improvement in the access of the products of developing countries to the markets of developed countries and in their terms of trade, as well as diversification of their exports, and reaffirms, in this context, the urgent need for a balanced and successful outcome of the Uruguay Round of multilateral trade negotiations; urges the multilateral financial institutions and the donor countries to take appropriate steps to assist effectively those developing countries adversely affected by the situation between Iraq and Kuwait; takes note the very useful efforts made by the Personal Representative of the Secretary-General on Debt in producing a wide-ranging analysis and in producing recommendations, and encourages Governments to give them appropriate consideration.
Action note1990-12-21
Vote summary
Adopted without vote, 71st meeting
Meeting record
A/45/PV.71
Agenda information
A/45/251 83 External debt crisis and development. EXTERNAL DEBT
Date[New York] : UN, 26 Mar. 1991.
Description
5 p.
Notes
Adopted at the 71st plenary meeting, 21 Dec. 1990.
In: Resolutions and decisions adopted by the General Assembly during its 45th session, Volume 1, 18 September-21 December 1990. - A/45/49. - 1991. - p. 149-151. - (GAOR, 45th sess., Suppl. no. 49).
In: Resolutions and decisions adopted by the General Assembly during its 45th session, Volume 1, 18 September-21 December 1990. - A/45/49. - 1991. - p. 149-151. - (GAOR, 45th sess., Suppl. no. 49).