Development of International Trade and International Commodity Problems

A/RES/1422(XIV)View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, published in 1960.

What subjects does this mandate have?

6 subjects

Commodities Commodity Agreements Economic Dependence Economic Policy Export Prices Trade Restrictions

What’s in this document?

7 operative paragraphs

Appeals anew to the Governments of Member States to continue their efforts to solve the problems relating to commodity production and trade, including, where appropriate, participation in existing international commodity agreements or the ne{{otiation of agreements between the principal producers and the principal consumers of the same product, in their mutual interest, or participation in international study groups;

Takes note with appreciatio» of Economic and Social Council resolution 726 (XXVIII) approving the report and programme of work submitted by the Commission on International Commodity Trade,8 and expresses the hope that the Commission in the course of its studies will give careful attention to the types of comprehensive commodity schemes referred to in part I, chapter 3, of the World Economic Survey, 1958;4

Invites the Governments of Member States to extend the greatest possible assistance to the Commission on International Commodity Trade in order to help it carry out its programme of work quickly and effectively;

Recommends that the regional economic commissions, the specialized agencies concerned, especially the Food and Agriculture Organization of the United Nat ions, the Contracting Parties to the General Agreement on Tariffs and Trade and the international study groups dealing with commodity problems give particular attention to the problems of countries dependent to a high degree on the export of a small number of primary commodities ;

Urges the Governments of Member States:

To contribute to the greatest possible extent, either unilaterally or in the competent international organizations, to the progressive abolition of all such discrimination, quantitative limitations and other restrictive practices as are prejudicial to the sound development of international commodity trade ;

( b) To take into account, in formulating their economic policy, the effect that it may have on the export opportunities of the primary-producing countries;

Requests the Commission on International Commodity Trade to give particular attention, in carrying out its programme of work, to the study of means [or giving temporary assistance to countries encountermg serious payment difficulties as a result of a sharp and sudden drop in the prices of their raw material exports, with a view to enabling them to take the necessary measures and at the same time continue to carry out their economic development programmes.

5 December 1959.

Who adopted this document and its mandates?

What subjects does this mandate have?

What’s in this document?

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