Welcomes the decision of some developed countries which have adopted measures for the adjustment of past bilateral official development assistance in respect of the least developed countries;
2
Notes, however, that such measures have not been made applicable to many of the developing countries specified in paragraph 2 of Trade and Development Board resolution 165 ( S-IX), which are facing serious problems;
3
Calls uponall developed countries to implement in full the agreement on debt problems contained in Trade and Development Board resolution 165 (S-IX) in respect of the most seriously affected, least developed, land-locked and island developing countries, particularly the least developed among them;
153 See Proceedings of the United Nations Conference on Trade and Development, Fourth Session, vol. I, Report and Annexes (United Nations publication, Sales No. E.76.II.D.10 and corrigendum), part one, sect. A.
154 See Official Records of the General Assembly, Thirtieth Session, Supplement No. 15 (Al 10015/Rev.1), part three, annex I.
155 Ibid., Thirty-third Session, Supplement No. 15 (A/33/15), vol. I, part two, annex I.
156 Ibid., vol. II.
157 Ibid., annex II.
Further calls upon all developed countries and competent international institutions to implement the provisions of Trade and Development Board resolution 132 (XV) on the increasing burden of debt servicing in developing countries;
5
Welcomes the inclusion in the provisional agenda for the fifth session of the United Nations Conference on Trade and Development of the following items:
a
Review of implementation and further action that may be required pursuant to Trade and Development Board resolution 165 (S-IX);
( b) Detailed features for future operations relating to the debt problems of interested developing countries;
6
Recommendsthat additional financial resources should be committed by multilateral development finance institutions to the developing countries experiencing debt servicing difficulties;
7
Urgesall developed countries to work towards the adoption at the fifth session of the United Nations Conference on Trade and Development of actionorientated decisions on the debt problems faced by the developing countries.
