Strengthening and Development of the World Market and Improvement of the Trade Conditions of the Economically Less Developed Countries

A/RES/1421(XIV)View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, published in 1960.

What other versions does this mandate have?

2 versions · 1960–1961

This is an older version — the most recent is A/RES/1519(XV)

Year	Symbol	Title	Word length	Text similarity
1961	A/RES/1519(XV)	Strengthening and development of the world market and improvement of the trade conditions of the economically less developed countries	667	12%Compare
1960	A/RES/1421(XIV)	Strengthening and development of the world market and improvement of the trade conditions of the economically less developed countries	407	–

What subjects does this mandate have?

5 subjects

Commodity Markets Credit Industrial Equipment Trade Expansion Trade Promotion

What’s in this document?

7 operative paragraphs

I

Recommends that all '.\kmber States should, individually and jointlv, continue their efforts to prnmotl' and extrnd mutually beneficial trade between all States, regardles.s of their economic systems:

Reaffirms its belief that international organizations

concerned with the regulation and development of international trade should rontinue to ,qntrilmtc to the extension of multilateral world commerce and should facilitate the expansion of trade between States regardless of their •economic systems;

Requests the Secretary-General, taking- fully into consideration all the views expressed and proposals submitted on this subject at the present session of the:

IZ

General Assembly, to prepare a report on the ways and means of promoting wider trade co-operation among States, irrespective of their economic systems and stages of development, including, inter alia, the consideration of all the arrangements for such cooperation;

Requests the Secretary-General to submit this report to the Economic and Social Council at its thirtieth session and to the General Assembly at its fifteenth session ;

II

Considers that the United Nations and the specialized agencies concerned should expand the useful work which they are doing in promoting the stabilization of the commodity markets and the development of reciprocally beneficial multilateral trade;

Considers that it would be desirable to work out, within the United Nations and other appropriate forums, measures to promote the stabilization of the commodity markets and the development of trade between the highly developed and the less developed countries on a reciprocally beneficial and non-discriminatory basis, including, where appropriate, short--, medium- or longterm trade agreements, international commodity agreements and the establishment of international study groups;

Recommends that the industrially developed and the economically less developed countries should continue to encourage, by means of freely negotiated credit arrangements, the export of machinery and industrial equipment to the less developed countries, without any restriction on the freedom of these countries to buy and sell in the best market.

5 December 1959.

Who adopted this document and its mandates?

What other versions does this mandate have?

What subjects does this mandate have?

What’s in this document?

I

IZ

II

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