Towards a New International Economic Order

A/RES/79/215View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, under agenda item 20 Globalization and interdependence, published in 2024.

What other versions does this mandate have?

10 versions · 2009–2024

Year	Symbol	Title	Word length	Text similarity
2024	A/RES/79/215	Towards a new international economic order	3,053	83%Compare
2022	A/RES/77/174	Towards a new international economic order	2,857	80%Compare
2020	A/RES/75/225	Towards a new international economic order	2,751	75%Compare
2019	A/RES/73/240	Towards a new international economic order	2,085	79%Compare
2017	A/RES/71/236	Towards a new international economic order	1,684	62%Compare

Who cites this mandate in the budget?

5 entities

(Sub-)Programme	Title	Total mandates cited	Expenditure
Subprogramme 6	Economic analysis and policy	24
Programme 15	Economic and social development in africa	165
Programme 18	Economic and social development in latin america and the caribbean	234
Subprogramme 6	—	45	Unavailable
Subprogramme 1	Globalization, interdependence and development	7

Historical expenditure covers the complete programme or subprogramme, not this mandate. For an overview of all UN entities and programmes, see UN entities and programmes.

Who cites this mandate in the budget?

5 entities

(Sub-)Programme	Title	Total mandates cited	Expenditure
Subprogramme 6	Economic analysis and policy	24	—
Programme 15	Economic and social development in africa	165	—
Programme 18	Economic and social development in latin america and the caribbean	234	—
Subprogramme 6	—	45	—
Subprogramme 1	Globalization, interdependence and development	7	—

Historical expenditure covers the complete programme or subprogramme, not this mandate. For an overview of all UN entities and programmes, see UN entities and programmes.

Which reports were submitted under this mandate?

8 reports · 2009–2026

Year	Symbol	Title	Mandate resolution
2026	A/81/272	Towards a new international economic order : advancing the implementation of international agreements report of the Secretary-General	A/RES/79/215
2024	A/79/320	Towards a new international economic order report of the Secretary-General	A/RES/77/174
2022	A/77/253	Fulfilling the promise of globalization : advancing sustainable development in an interconnected world report of the Secretary-General	A/RES/75/225
2022	A/77/214	Towards a new international economic order report of the Secretary-General	A/RES/75/225
2020	A/75/325	Towards a new international economic order report of the Secretary-General	A/RES/73/240

What subjects does this mandate have?

4 subjects

Developing Countries International Economic Relations International Trade Sustainable Development

What’s in this document?

20 operative paragraphs

Takes note of the report of the Secretary-General;⁶

⁶A/79/320.

Notes that the 2030 Agenda for Sustainable Development,⁷ the Addis Ababa Action Agenda of the Third International Conference on Financing for Development⁸ and the Paris Agreement adopted under the United Nations Framework Convention on Climate Change⁹ carry forward many of the ideas and recommendations of the Declaration on the Establishment of a New International Economic Order¹⁰ and the Programme of Action on the Establishment of a New International Economic Order;¹¹

⁷Resolution 70/1.

⁸Resolution 69/313, annex.

⁹See FCCC/CP/2015/10/Add.1, decision 1/CP.21, annex.

¹⁰Resolution 3201 (S-VI).

¹¹Resolution 3202 (S-VI).

Reaffirms the need to continue working towards a new international economic order based on the principles of equity, sovereign equality, interdependence, common interest, cooperation and solidarity among all States;

Reiterates that States are strongly urged to refrain from promulgating and applying any unilateral economic, financial or trade measures not in accordance with international law and the Charter of the United Nations that impede the full achievement of economic and social development, particularly in developing countries;

Reaffirms that national development efforts need to be supported by an enabling international economic environment, including coherent and mutually supporting world trade, monetary and financial systems and strengthened and enhanced global economic governance, as well as by respect for each country’s policy space;

Welcomes the Secretary-General’s call for a new Bretton Woods moment to place the dramatic needs of developing countries at the centre of every decision and mechanism of the global financial system;

Reaffirms the need to step up coordination of macroeconomic policies among countries to avoid negative spillover effects, especially in developing countries;

Calls for the fulfilment of the commitment to pursue policy coherence and an enabling environment for sustainable development at all levels and by all actors and to reinvigorate the Global Partnership for Sustainable Development;

Reaffirms the recommitment to broadening and strengthening the voice and participation of developing countries, including African countries, the least developed countries, landlocked developing countries, small island developing States and middle-income countries, as well as countries and peoples under foreign occupation, in international economic decision-making, norm-setting and global economic governance, including the International Monetary Fund and the World Bank, to deliver more equitable, effective, credible, accountable and legitimate institutions that are more responsive to the needs and concerns of developing countries;

Also reaffirms the necessity to respect the territorial integrity, national sovereignty and political independence of States;

Calls upon States to strengthen cooperation, including through relevant organizations of the United Nations system and other relevant regional or international forums, to combat illicit financial flows in all their forms;

Reaffirms that international trade is an engine for development and sustained economic growth, as well as the eradication of poverty in all its forms and dimensions, and also reaffirms the critical role that a universal, rules-based, open, non-discriminatory and equitable multilateral trading system can play in stimulating economic growth and development worldwide, thereby benefiting all countries at all stages of development;

Expresses concern over the increasing debt vulnerabilities of developing countries, the net negative capital flows from developing countries, the fluctuation of exchange and interest rates and the tightening of global financial conditions, and in this regard stresses the need to explore the means and instruments needed to achieve debt sustainability and the measures necessary to reduce the indebtedness of developing countries;

Stresses that urgent reforms are needed in the global international financial system to address the challenges of deteriorating public finances, fiscal constraints, debt, monetary and financial stability risks and the dearth of productive and sustainable investment, and in this regard welcomes the convening, in 2025, of the Fourth International Conference on Financing for Development, in the context of the urgent need to accelerate the implementation of the 2030 Agenda and the achievement of the Sustainable Development Goals and to support reform of the international financial architecture;

Decides to continue to advance with urgency towards a Sustainable Development Goal stimulus through the Secretary-General’s proposal at the United Nations and in other relevant forums, and reiterates his calls for action for a new allocation of special drawing rights, which should be handled according to developing countries’ needs, taking into account that special drawing rights play an important role in enabling developing countries to invest in recovery and the Goals, on the need for an increase in concessional funding from multilateral development banks and to reform the global financial system, which must include lending criteria that go beyond gross domestic product and provide a true view of the vulnerabilities faced by developing countries;

Expresses concern that the global trade financing gap has increased sharply in recent years, estimated at 2.5 trillion dollars annually, and encourages multilateral development banks and development finance institutions to scale up ongoing efforts to support trade finance and seek opportunities in digital trade finance to help to narrow the trade finance gap;

Calls upon Member States and international financial institutions to provide more liquidity and long-term finance for development, especially in all developing countries, in order to enable them to achieve sustainable development, emphasizes the need to strengthen development cooperation and to increase the volume of and access to concessional finance and grants, and calls upon developed countries that have not done so to fulfil their respective official development assistance commitments, particularly to least developed countries;

Reiterates the significance of addressing the constraints on technology transfer to developing countries, including the transfer of sound technology from developed countries to developing countries on favourable terms, including on concessional and preferential terms;

Reaffirms the full permanent sovereignty of every State over its natural resources and all economic activities, and calls for enhanced international cooperation to develop mineral value chains, among other natural resources, for economic diversification, value addition at source, industrialization and sustainable development;

Decides to continue considering the international economic situation and its impact on development at its eighty-first session, and in that regard requests the Secretary-General to include in his report to the General Assembly, under the item entitled “Globalization and interdependence”, an updated overview of the major international economic and policy challenges for equitable and inclusive sustained economic growth and sustainable development and of the role of the United Nations in addressing those issues, as well as possible ways and means to overcome those challenges, bearing in mind the outcomes of the major United Nations conferences and summits in the economic, social and related fields and the principles contained therein, and the 2030 Agenda, in the light of the relevant principles contained in the Declaration and the Programme of Action on the Establishment of a New International Economic Order.

Who adopted this document and its mandates?

What other versions does this mandate have?

Who cites this mandate in the budget?

Who cites this mandate in the budget?

Which reports were submitted under this mandate?

What subjects does this mandate have?

What’s in this document?

Table of contents

Who cites this mandate in the budget?