Charter of Economic Rights and Duties of States

A/RES/3281(XXIX)View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, published in 1975.

What other versions does this mandate have?

6 versions · 1974–1990

This is an older version — the most recent is A/RES/44/170

Year	Symbol	Title	Word length	Text similarity
1990	A/RES/44/170	Charter of Economic Rights and Duties of States	—	—
1986	A/RES/40/182	Charter of Economic Rights and Duties of States	298	42%Compare
1985	A/RES/39/163	Charter of Economic Rights and Duties of States	391	27%Compare
1980	A/RES/35/57	Charter of Economic Rights and Duties of States	407	5%Compare
1975	A/RES/3281(XXIX)	Charter of Economic Rights and Duties of States	4,828	11%Compare

What subjects does this mandate have?

2 subjects

Economic Rights and Duties of States Treaties (Text)

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28 operative paragraphs

This extracted fulltext may contain errors or omissions. Please check the source document.

Expresses its profound gratitude to the Governments, United Nations bodies, private organizations and individuals that have given assistance to the Sudano-Sahelian population;

Welcomes the establishment of a United Nations Sahelian Office in Ouagadougou, whose main functions are described in the report of the Secretary-General;

Invites the Secretary-General to hasten the preparatory work on the establishment of a research institute for the arid Sahelian zone;

Recommends the establishment of a United Nations information centre at Ouagadougou, the headquarters of the Permanent Inter-State Committee on Drought Control in the Sahel, in view of the need to obtain directly on-the-spot information designed to maintain and intensify to the widest possible extent public ~wareness of the tragedy which has befallen the Sudano-Sahelian countries and to sustain the momentum of active and involved interest in the successful implementation. of the programme as outlined by the Permanent Inter-State Committee;

Urges all Member States and United Nations bodies to intensify their efforts to attain the objectives stated in the relief and recovery programmes formulated by the countries concerned;

Requests the Secretary-General to pursue with determination and in co-operation with the appropriate financial institutions and organizations the action necessary to meet, in an effective and continuing manner, the requests for medium-term and long-term assistance formulated by the Permanent Inter-State Committee on Drought Control in the Sabel and by the Governments concerned;

Further requests the Secretary-General to continue to report periodically on the implementation of the present resolution and to report to the General Assembly through the Economic and Social Council.

4 December 1974 aa A/9733. General AHembly-Twenty-ninth SeHion 3281 (XXIX) Charter of Economic Right& and Duties of States

Adopts and solemnly proclaims the following Charter:

Annexes (United Nations publication, Sales No.: E.73.11.D.4), annex I.A.

35 TD/B/AC.12/4 and Corr.I.

CHARTER OF ECONOMIC RIGHTS AND DUTIES OF ST A TES

PREAMBLE

Every State has and shall freely exercise full permanent sovereignty, including possession, use and disposal, over all its wealth, natural resources and economic activities.

Each State has the right:

To regulate and exercise authority over foreign investment within its national jurisdiction in accordance with its laws and regulations and in conformity with its national objectives and priorities. No State shall be compelled to grant preferential treatment to foreign investment;

To regulate and supervise the activities of transnational corporations within its national jurisdiction and take measures to ensure that such activities comply with its laws, rules and regulations and conform with its economic and social policies. Transnational corporations c;hall not intervene in the internal affairs of a host State. Every State should, with full regard for its sovereign rights, co-operate with other States in the exercise of the right set forth in this subparagraph;

To nationalize, expropriate or transfer ownership of foreign property, in which case appropriate compensation should be paid by the State adopting such measures, taking into account its relevant laws and regulations and all circumstances that the State considers pertinent. In any case where the question of compensation gives rise to a controversy, it shall be settled under the domestic law of the nationalizing State and by its tribunals, unless it is freely and mutually agreed by all States concerned that other peaceful means be sought on the basis of the sovereign equality of States and in accordance with the principle of free choice of means.

Article 3 In the exploitation of natural resources shared by two or more countries, each State must co-operate on the basis of a system of information and prior consultations in order to achieve optimum use of such resources without causing damage to the legitimate interest of others.

Article 4 Every State has the right to engage in international trade and other forms of economic co-operation irrespective of any differences in political, economic and social systems. No State shall be subjected to discrimination of any kind based solely on such differences. In the pursuit of international trade and other forms of economic co-operation, every State is free to choose the forms of organization of its foreign economic relations and to enter into bilateral and multilateral arrangements consistent with its international obligations and with the needs of international economic co-operation.

Article 5 All States have the right to associate in organizations of primary commodity producers in order to develop their national economies, to achieve stable financing for their development and, in pursuance of their aims, to assist in the promotion of sustained growth of the world economy, in particular accelerating the development of developing countries. Correspondingly, all States have the duty to respect that right by refraining from applying economic and political measures that would limit it.

Article 6 It is the duty of States to contribute to the development of international trade of goods, particularly by means of arrangements and by the conclusion of long-term multilateral commodity agreements, where appropriate, and taking into account the interests of producers and consumers. All States share the responsibility to promote the regular flow and access of all commercial goods traded at stable, remunerative and equitable prices, thus contributing to the equitable development of the world economy, taking into account, in particular, the interests of developing countries.

Article 7 Every State has the primary responsibility to promote the economic, social and cultural development of its people. To this end, each State has the right and the responsibility to choose its means and goals of development, fully to mobilize and use its resources, to implement progressive economic and social reforms and to ensure the full participation of its people in the process and benefits of development. All States have the duty, individually and collectively, to co-operate in eliminating obstacles that hinder such mobilization and use.

Article 8 States should co-operate in facilitating more rational and equitable international economic relations and in encouraging structural changes in the context of a balanced world economy in harmony with the needs and interests of all countries, especially developing countries, and should take appropriate measures to this end.

Article 9 All States have the responsibility to co-operate in the economic, social, cultural, scientific and technological fields for the promotion of economic and social progres!tthroughout the world, especially that of the developing countries.

Article JO All States are juridically equal and, as equal members of the international community, have the right to participate fully and effectively in the international decision-making process in the solution of world economic, financial and monetary problems, inter alia, through the appropriate international or-

ganizations in accordance with their existing and evolving rules, and to share equitably in the benefits resulting therefrom.

Article 11 All States should co-operate to strengthen and continuously improve the efficiency of international organizations in implementing measures to stimulate the general economic progress of all countries, particularly of developing countries, and therefore should co-operate to adapt them, when appropriate, to the changing needs of international economic cooperation.

Article 12 I. States have the right, in agreement with the parties concerned, to participate in subregional, regional and interregional co-operation in the pursuit of their economic and social development. All States engaged in such co-operation have the duty to ensure that the policies of those groupings to which they belong correspond to the provisions of the present Charter and are outward-looking, consistent with their international obligations and with the needs of international economic co-operation, and have full regard for the legitimate interests of third countries, especially developing countries.

In the case of groupings to which the States

concerned have transferred or may transfer certain competences as regards matters that come within the scope of the present Charter, its provisions shall also apply to those groupings in regard to such matters, consistent with the responsibilities of such States as members of such groupings. Those States shall co-operate in the observance by the groupings of the provisions of this Charter.

Article 13

Every State has the right to benefit from the advances and developments in science and technology for the acceleration of its economic and social development.

All States should promote international scientific and technological co-operation and the transfer of technology, with proper regard for all legitimate interests including, inter alia, the rights and duties of holders, suppliers and recipients of technology. In particular, all States should facilitate the access of developing countries to the achievements of modern science and technology, the transfer of technology and the creation of indigenous technology for the benefit of the developing countries in forms and in accordance with procedures which are suited to their economies and their needs.

Accordingly, developed countries should cooperate with the developing countries in the establishment, strengthening and development of their scientific and technological infrastructures and their scientific research and technological activities so as to help to expand and transform the economies of developing countries.

All States should co-operate in research with a view to evolving further internationally accepted guidelines or regulations for the transfer of technology, taking fully into account the interests of developing countries.

Every State has the duty to co-operate in promoting a steady and increasing expansion and liberalization of world trade and an improvement in the welfare and living standards of all peoples, in particular those of developing countries. Accordingly, all States should co-operate, inter alia, towards the progressive dismantling of obstacles to trade and the improvement of the international framework for the conduct of world trade and, to these ends, co..ordinated efforts shall be made to solve in an equitable way the trade problems of all countries, taking into account the specific trad~ problems of the developing countries. In this connexion, States shall take measures aimed at securing additional benefits for the international trade of developing countries so as to achieve a substantial increase in their foreign exchange earnings, the diversification of their exports, the acceleration of the rate of growth of their trade, taking into account their development needs, an improvement in the possibilities for these countries to participate in the expansion of world trade and a balance more favourable to developing countries in the

sharing of the advantages resulting from this expansion, through, in the largest possible measure, a substantial improvement in the conditions of access for the products of interest to the developing countries lind, wherever appropriate, measures designed to attain stable, equitable and remunerative prices for primary products.

Article 15 All States have the duty to promote the achievement of general and complete disarmament under effective international control and to utilize the resources. released by effective disarmament measures for the economic and social development of countries, allocating a substantial portion of such resources as additional means for the development needs of developing countries.

Article 16 I . It is the right and duty of all States, individually and collectively, to eliminate colonialism, apartheid, racial discrimination, neo-colonialism and all forms of foreign aggression, occupation and domination, and the economic and social consequences thereof, as a prerequisite for development. States which practise such coercive policies are economically respon'iible to the countries, territories and peoples affected for the restitution and full compensation for the exploitation and depletion of, and damages to, the natural and all other resources of those countries, territories and peoples. It is the duty of all States to extend assistance to them.

No State has the right to promote or encourage investments that may constitute an obstacle to the liberation of a territory occupied by force.

Article 17 International co-operation for development is the shared goal and common duty of all States. Every State should co-operate with the efforts of developing countries to accelerate their economic and social development by providing favourable external conditions and by extending active assistance to them,

consistent with their development needs and objectives, with strict respect for the sovereign equality of States and free of any conditions derogating from their sovereignty.

Article 18 Developed countries should extend, improve and enlarge the system of generalized non-reciprocal and non-discriminatory tariff preferences to the developing countries consistent with the relevant agreed conclusions and relevant decisions as adopted on this subject, in the framework of the competent international organizations. Developed countries should also give serious consideration to the adoption of other differential measures, in areas where this is feasible and appropriate and in ways which will provide special and more favourable treatment, in order to meet the trade and development needs of the developing countries. In the conduct of international economic relations the developed countries should endeavour to avoid measures having a negative effect on the development of the national economies of the developing countries, as promoted by generalized tariff preferences and other generally agreed differential measures in their favour.

Article 19 With a view to accelerating the economic growth of developing countries and bridging the economic gap between developed and developing countries, developed countries should grant generalized preferential, non-reciprocal and non-discriminatory treatment to developing countries in those fields of international economic co-operation where it may be feasible.

Article 20 Developing countries should, in their efforts to increase their over-all trade, give due attention to the possibility of expanding their trade with socialist countries, by granting to these countries conditions for trade not inferior to those granted normally to the developed market economy countries.

Article 21 Developing· countries should. endeavour to promote the expansion of their mutual trade and to this end may, in accordance with the existing and evolving provisions and procedures of international agreements where applicable, grant trade preferences to other developing countries without being obliged to extend such preferences to developed countries, provided these arrangem.ents do not constitute an impediment to general trade liberalization and expansion.

Article 22

All States should respond to the generally recognized or mutually agreed development needs and objectives of developing countries by promoting increased net flows of real resources to the developing countries from all sources, taking into account any obligations and commitments undertaken by the States concerned, in order to reinforce the efforts of developing countries to accelerate their economic and social development.

In this context, consistent with the aims and objectives mentioned above and taking into account any obligations and commitments undertaken in this regard, it should be their endeavour to increase the net amount of financial flows from official sources to developing countries and to improve the terms and conditions thereof.

The flow of development assistance resources should include economic and technical assistance.

Article 23 To enhance the effective mobilization of their own resources, the developing countries should strengthen their economic co-operation and expand their mutual trade so as to accelerate their economic and social development. All countries, especially developed countries, individually as well as through the competent international organizations of which they are members, should provide appropriate and effective support and co-operation.

Article 24 All States have the duty to conduct their mutual economic relations in a manner which takes into account the interests of other countries. In particular, all States should avoid prejudicing the interests of developing countries.

Article 25 In furtherance of world economic development, the international community, especially its developed members, shall pay special attention to the particular needs and problems of the least developed among the developing countries, of land-locked developing countries and also island developing countries, with a view to helping them to overcome their particular difficulties and thus contribute to their economic and se,cial development.

Article 26 All States have the duty to coexist in tolerance and live together in peace, irrespective of differences in political, economic, social and cultural systems, and to facilitate trade between States having different economic and social systems. International trade should be conducted without prejudice to generalized non-discriminatory and non-reciprocal preferences in favour of developing countries, on the basis of mutual advantage, equitable benefits and the exchange of most-favoured-nation treatment.

Article 27

Every State has the right to enjoy fully the benefits of world invisible trade and to engage in the expansion of such trade.

World invisible trade, based on efficiency and mutual and equitable benefit, furthering the expansion of the world economy, is the common goal of all States. The role of developing countries in world invisible trade should be enhanced and strengthened consistent with the above objectives, particular attention being paid to the special needs of developing countries.

All States should co-operate with developing countries in their endeavours to increase their capacity to earn foreign exchange from invisible transactions, in accordance with the potential and needs of each developing country and consistent with the objectives mentioned above.

Article 28 All States have the duty to co-operate in achieving adjustments in the prices of exports of developing countries in relation to prices of their imports so as· to promote just and equitable terms of trade for them, in a manner which is remunerative for producers and equitable for producers and consumers.

CHAPTER III

Article 29 The sea-bed ar.d ocean floor and the subsoil thereof, beyond the limits of national jurisdiction, as well as the resources of the area, are the common heritage of mankind. On the basis of the principles

adopted by the General Assembly in resolution 2749

(XXV) of 17 December 1970, all States shall ensure that the exploration of the area and exploitation of its resources are carried out exclusively for peaceful purposes and that the benefits derived therefrom are shared equitably by all States, taking into account the particular interests and needs of developing countries; an international regime applying to the area and its resources and includin·g appropriate international machinery to give effect to its provisions shall be established by an international treaty of a universal character, generally agreed upon.

Article 30 The protection, preservation and enhancement of the environment for the present and future generations is the responsibility of all States. All States shall endeavour to establish their own environmental and developmental policies in conformity with such responsibility. The environmental policies of all States should enhance and not adversely affect the present and future development potential of developing countries. All States have the responsibility to ensure that activities within their jurisdiction or control do not cause Jamage to the environment of other States or of areas beyond the limits of national jurisdiction. All States should co-operate in evolving international norms and regulations in the field of the environment.

CHAPTER IV

Article 31 All States have the duty to contribute to the balanced expansion of the world economy, taking duly into account the close interrelationship between the well-being of the developed countries and the growth and development of the developing countries, and the fact that the prosperity of the international community as a whole depends upon the prosperity of its constituent parts.

SS

No State may use or encourage the use of economic, political or any other type of measures to coerce another State in order to obtain from it the subordination of the exercise of its sovereign rights.

Article 33

Nothing in the present Charter shall be construed as impairing or derogating from the provisions of the Charter of the United Nations or actions taken in pursuance thereof.

In their interpretation and application, the provisions of the present Charter are interrelated and each provision should be construed in the context of the other provisions.

Article 34 An item on the Charter of Economic Rights and Duties of States shall be included in the agenda of the General Assembly at its thirtieth session, and thereafter on the agenda of every fifth session. In this way a systematic and comprehensive consideration of the implementation of the Charter, covering both progress achieved and any improvements and additions which might become necessary, would be carried out and appropriate measures recommended.

Such consideration should take into account the evolution of all the economic, social, legal and other factors related to the principles upon which the present Charter is based and on its purpose.

3305 (XXIX). Revision of the lists of Statee eligible for membership in the Industrial Development Board

Decides to include Guinea-Bissau in list A and Grenada in list C of the annex to resolution 2152 (XXl).11

• • • As a result of the above resolution, the lists of States eligible for membership in the Industrial Development Board will be as follows:

Afghanistan Botswana Algeria Burma Bahrain Burundi Bangladesh Central African Republic Bhutan Chad

se For the other changes in the lists since the adoption of resolution 2152 (XXI), see reso4utions 2385 (XXIII) of 19 November 1968, 2510 (XXIV) of 21 November 1969, 2637 (XXV) of 19 November 1970, 2824 (XXVI) of 16 December 1971, 2954 (XXVII) of 11 December 1972 and 3088

(XXVIII) of 6 December 1973.

34 See Proceedings of the United Nations Conference on Trade and Development, Third Session, vol. I, Report and

Re1olu1ions adopted on lhe reports of the Second Commillee FuNDAMENTALS OF INTERNATIONAL ECONOMIC RELATIONS

EcONOMIC RIGHTS AND DUTIES OF STATES

Re110lution1 adopted on the reports of the Seeond Committee COMMON RESPONSIBILITIES TOWARDS THE INTERNATIONAL COMMUNITY A. LIST OF STATES INDICATED IN SECTION JI, PARAGRAPH 4 (a),

OF GENERAL ASSEMBLY RESOLUTION 2152 (XXI)

FINAL PROVISIONS

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