TitleStrengthened international economic co-operation aimed at resolving external debt problems of developing countries : resolution / adopted by the General Assembly.
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Agrees on the following elements and invites all those involved to take them into account in addressing the problems of external indebtedness of developing countries, with a view to reaching equitable, durable and mutually agreed solutions: (a) external indebtedness should be tackled within the framework of a strengthened and improved strategy of co-operation of the international community for sustained world economic growth and development, particularly for developing countries; (b) the interrelated issues of debt, money, finance, resource flows, trade, commodities and development should be addressed in the context of their close interrelationship; (c) stronger growth and development in developing countries should be encouraged; (d) a lasting solution to the debt problem also requires simultaneous and complementary actions in the areas of economic policy that are mutually supportive; (e) due account should be taken of the investment and import requirements and the fundamental economic and social needs of a country's population; (f) debt-restructuring arrangements and innovative development-oriented financial agreements should continue to be worked out, wherever appropriate, on terms and conditions that take into account the internal and external factors affecting the economy of the country concerned; (g) special attention should be given to the implementation of specific relief measures in favour of the least developed countries; (h) the international community reaffirms the importance of increasing development assistance to Africa in support of adjustment efforts for development of African countries.
Adopted at the 100th plenary meeting, 8 Dec. 1986. In: Resolutions and decisions adopted by the General Assembly during its 41st session, 16 September-19 December 1986. - A/41/53. - 1987. - p. 153-154. - (GAOR, 41st sess., Suppl. no. 53).