Expresses regret that the consultations foreseen in resolution 54/206 of 22 Dec. 1999 could not be held; decides to postpone the further development of a new international development strategy until after the aforementioned meetings have been held; requests the Secretary-General to provide the General Assembly at its 57th session with an overview of the challenges and constraints as well as progress made towards achieving the major development goals and objectives adopted by the UN during the decade of the 1990s.