Proceedings of the United Nations Conference on Trade and Development SEVENTH SESSION Geneva, 9 July-3 August 1987 Volume I Report and Annexes UNITED NATIONS New York, 1989 NOTE Symbols of United Nations documents are composed of capital letters com­ bined with figures. Mention of such a symbol indicates a reference to a United Nations document. The designations employed and the presentation of the material in this publi­ cation do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, ter­ ritory, city or area, or of its authorities, or concerning the delimitation of its fron­ tiers or boundaries. * * * For the recommendations, resolutions, declarations and decisions adopted by the United Nations Conference on Trade and Development, see: First session—Proceedings of the United Nations Conference on Trade and Development, vol. I, Final Act and Report (United Nations publication, Sales No. 64.II.B.11), pp. 18-65; Second session—Proceedings of the United Nations Conference on Trade and Development, Second Session, vol. I and Corr. 1 and 3 and Add. 1 and 2, Report and Annexes (United Nations publication, Sales No. E.68.II.D.14), annex I, A, pp. 28-58; Third session—Proceedings of the United Nations Conference on Trade and Development, Third Session, vol. I, Report and Annexes (United Nations publica­ tion, Sales No. E.73.II.D.4), annex I, A, pp. 53-114; Fourth session—Proceedings of the United Nations Conference on Trade and Development, Fourth Session, vol. I and Corr.l, Report and Annexes (United Nations publication, Sales No. E.76.II.D.10), part one, sect. A, pp. 6-43; Fifth session—Proceedings of the United Nations Conference on Trade and Development, Fifth Session, vol. I, Report and Annexes (United Nations publica­ tion, Sales No. E.79.II.D.14), part one, sect. A, pp. 6-50; Sixth session—Proceedings of the United Nations Conference on Trade and Development, Sixth Session, vol. I, Report and Annexes (United Nations publica­ tion, Sales No. E.83.II.D.6), part one, sect. A, pp. 6-40. TD/352 (Vol. I) UNITED NATIONS PUBLICATION Sales No. E.88.II.D.1 ISBN 92-1-112240-6 04500P CONTENTS Page Abbreviations vi Explanatory notes vi Report of the United Nations Conference on Trade and Development on its seventh session PREFACE 3 PART ONE. ACTION TAKEN BY THE CONFERENCE 5 A. Final Act of UNCTAD VII, resolutions adopted and other action and decisions taken by the Conference 6 1. Final Act of UNCTAD VII 6 2. Resolutions adopted by the Conference 24 3. Other action by the Conference 25 4. Decisions taken by the Conference 25 B. Index to observations and reservations on the Final Act of UNCTAD VII and on the resolutions adopted by the Conference 28 Paragraphs PART TWO. SUMMARY OF PROCEEDINGS 1-205 29 I. General debate (agenda item 7) 7 30 11. Revitalizing development, growth and international trade, in a more pre­ dictable and supportive environment, through multilateral co-operation: assessment of relevant economic trends and of global structural change, and appropriate formulation of policies and measures, addressing key issues in the following interrelated areas: (a) Resources for development, including financial, and related monetary questions; (b) Commodities; (c) International trade; (d) Problems of the least developed countries, bearing in mind the Substan­ tial New Programme of Action for the 1980s for the Least Developed Countries (agenda item 8) 8-58 30 III. Other business (agenda item 9) 59-88 35 IV. Statements made at the 220th (closing) meeting of the seventh session 89-129 38 V. Reports of the Sessional Committees 130-205 42 A. Report of Sessional Committee 1 130-147 42 B. Report of Sessional Committee II 148-161 44 С Report of Sessional Committee III 162-186 47 D. Report of Sessional Committee IV 187-205 53 P.' RT THREE. ORGANIZATIONAL AND PROCEDURAL MATTERS 1 -44 65 A. Opening ofthe Conference (agenda item 1) 1 65 B. Election of the President (agenda item 2) 2 65 C. Report of the Pre-Conference Meeting 3 65 D. Election of Vice-Presidents and the Rapporteur (agenda item 4) 4-5 65 E. Adoption of the agenda (agenda item 6) 6 65 Paragraphs Page F. Credentials of representatives to the Conference (agenda item 5) 7-22 65 1. Appointment of the Credentials Committee 7-8 65 2. Report of the Credentials Committee 9-22 65 G. Constitution of sessional bodies (agenda item 3) 23 67 H. Bureau of the Conference 24-25 67 I. Appointment of "Friends of the Rapporteur" 26 67 J. Establishment of a High-Level Contact Group of the President 27-28 67 K. Membership and attendance 29-37 67 L. Other business (agenda item 9) 38-42 69 1. Periodic review by the Conference of the lists of States contained in the annex to General Assembly resolution 1995 (XIX) 38 69 2. Designation of intergovernmental bodies for the purposes of rule 80 of the rules of procedure 39 69 3. Review of the calendar of meetings 40 69 4. Financial implications of the actions of the Conference 41 69 5. Report of the Trade and Development Board 42 69 M. Adoption of the report of the Conference to the General Assembly (agendaitem 10) 43 69 N. Closure of the seventh session of the Conference 44 69 Annexes Agenda for the seventh session of the United Nations Conference on Trade and Development 73 List of heads of State or Government, heads of intergovernmental bodies, and other representatives and observers who addressed the Conference during the general debate 75 Addresses delivered at the inaugural ceremony on 9 July 1987 80 A. Statement by Mr. Javier Pérez de Cuéllar, Secretary-General of the United Nations 80 B. Welcoming address by Mr. Pierre Aubert, Federal Councillor, President of the Swiss Confederation 83 C. Address by Mr. Lazar Mojsov, President of the Presidency of the Socialist Federal Republic of Yugoslavia , 84 Messages received by the Conference 88 Mr. ZhaoZiyang, Premier of the State Council of the People's Republic of China 88 Mr. D. Sodnom, Chairman of the Council of Ministers of the Mongolian People's Republic 88 Mr. Erich Honecker, General Secretary of the Central Committee of the Socialist Unity Party of Germany and Chairman of the Council of State of the German Democratic Republic 88 Mr. Fidel Castro Ruz, President of the Council of State and the Council of Ministers of the Republic of Cuba 89 Mr. Nicolae Ceausescu, President of the Socialist Republic of Romania 90 Mr. Nicolai Ryzhkov, Chairman of the Council of Ministers of the Union of Soviet Socialist Republics 91 Mr. Wojciech Jaruzelski, Chairman of the Council of State of the Polish People's Republic 92 Mr. Pham Hung, Chairman of the Council of Ministers of the Socialist Republic of Viet Nam 93 His Holiness Pope John Paul II 93 Mr. Alan Garcia Pérez, President of the Republic of Peru 94 Mr. Guillermo Bedregal Gutierrez, Minister of Foreign Affairs and Worship of Bolivia 94 Mr s. Corazôn С. Aquino, President of the Republic of the Philippines 94 A. The Havana Declaration: Final document of the Sixth Ministerial Meeting of the Group of 77, held at Havana, Cuba, from 20 to 25 April 1987 96 iv Page В. Assessment and proposals by the Group of 77 relating to the seventh session of the Conference 99 VI. Documents submitted by regional groups and China 117 A. Communiqué of the ministerial meeting of the Council of the Organisation for Economic Co-operation and Development held in Paris on 12 and 13 May 1987 .... 117 B. Approach of the countries members of Group D and Mongolia to the major items of the provisional agenda of the seventh session of the Conference ]22 C. Position paper of the People's Republic of China on issues to be considered at the seventh session of the Conference 128 VII. Report of the Credentials Committee 132 VIII. Check-list of documents 134 V ABBREVIATIONS ACP African, Caribbean and Pacific Group of States CFF Compensatory Financing Facility DAC Development Assistance Committee (OECD) ECDC economic co-operation among developing countries EEC European Economic Community FAO Food and Agriculture Organization of the United Nations GATT General Agreement on Tariffs and Trade GDP gross domestic product GNP gross national product GSP generalized system of preferences GSTP Generalized System of Trade Preferences among Developing Coun­ tries Habitat United Nations Centre for Human Settlements ICA international commodity agreement or arrangement IDA International Development Association IF AD International Fund for Agricultural Development ILO International Labour Organisation IMF International Monetary Fund IPC Integrated Programme for Commodities LDC least developed country MFA Arrangement regarding International Trade in Textiles (Multifibre Arrangement) MFN most favoured nation MTN multilateral trade negotiations ODA official development assistance OECD Organisation for Economic Co-operation and Development OPEC Organization of the Petroleum Exporting Countries SDR special drawing right TCDC technical co-operation among developing countries TNC transnational corporation UNCDF United Nations Capital Development Fund UNDP United Nations Development Programme UNEP United Nations Environment Programme UNV United Nations Volunteers programme WHO World Health Organization EXPLANATORY NOTES The abbreviated title "Proceedings ..." refers to Proceedings of the United Nations Conference on Trade and Development for the session indicated. Statements made and summary records of the plenary meetings held at the seventh session of the Conference are contained in volume II, references to which are to Proceedings . ., Seventh Session, volume 11, Statements and Summary Records (United Nations publication, Sales No. E.88.II.D.2). References to volume III are to Proceedings .