TitleCommodities : resolution / adopted by the General Assembly.
AccessEnglish:A_RES_44_218-EN - PDF ; Español:A_RES_44_218-ES - PDF ; Français:A_RES_44_218-FR - PDF ; Русский:A_RES_44_218-RU - PDF ; العربية:A_RES_44_218-AR - PDF ; 中文:A_RES_44_218-ZH - PDF ;
Notes with concern that a further decline in commodity prices and commodity export earnings, as well as the long-term deterioration in the terms of trade of developing countries, in particular the least developed and the commodity-dependent among them, would hinder any prospect of sustained growth and development for those countries; expresses its conviction that more stable market conditions for commodities would be conducive to the social and economic development of developing countries and could, inter alia, contribute to the international campaign against illicit production of, trafficking in and abuse of narcotic drugs; recognizes the need for a better functioning of commodity markets as well as the desirability of achieving stable and more predictable conditions in commodity trade and of avoiding excessive fluctuations of prices, and urges co-operation between producers and consumers; urges all parties involved to meet agreed commitments and work for a balanced approach to the multilateral trade negotiations within the Uruguay Round of multilateral trade negotiations; calls upon those countries which have ratified the Agreement Establishing the Common Fund for Commodities to contribute to making both accounts of the Common Fund fully operational as soon as possible; invites all countries, particularly major exporters and consumers of commodities that have not yet ratified the Agreement, to do so as soon as possible.
Adopted at the 85th plenary meeting, 22 Dec. 1989. In: Resolutions and decisions adopted by the General Assembly during its 44th session, Volume 1, 19 September-29 December 1989. - A/44/49. - 1990. - p. 142-143. - (GAOR, 44th sess., Suppl. no. 49).