TitleStrengthening the role of the Commission on Transnational Corporations and the activities of the United Nations Centre on Transnational Corporations in support of developing countries.
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Reaffirms the validity of the mandates of the Commission on Transnational Corporations and the UN Centre on Transnational Corporations; requests the Centre to prepare a comprehensive report on the relationship between developing countries and transnational corporations in services from the perspective of developing countries; recognizes that debt other than bank lending, such as supplier loans and export credits handled by transnational corporations, is of concern to developing countries, and requests the Centre to study such forms of debt comprehensively, with a view to making concrete proposals on ways and means of making the modalities and terms of payment comport with the capacity of developing countries to pay and with their growth and development process; requests the Centre to study the role of transnational corporations in the least developed countries in a comprehensive manner, and requests the Secretary-General to submit a report thereon to the Commission on Transnational Corporations at its 15th session.
Adopted at the 39th plenary meeting, 27 July 1988. In: Resolutions and decisions adopted by the Economic and Social Council at its 2nd regular session of 1988, Geneva, 6-29 July 1988. - E/1988/INF/8. - 11 Aug. 1988. - p. 23-25. - Issued in ESCOR, 1988, Suppl. no. 1A.