• Short Summary

    The United Nations General Assembly ended its three week debate on the world's economic problems on Thursday (2 May), but only time will tell if the gains, particularly for the Third World, were real or illusory.

  • Description

    1.
    GV INT General Assembly
    0.06

    2.
    GV Chairman speaking
    0.18

    3.
    GV Algerian delegate speaking
    0.40

    4.
    GV Delegates listening
    0.45

    5.
    SV U.S. delegate speaking
    1.14



    Initials BB/2113 AJ/AH/BB/2125


    T.R.

    Script is copyright Reuters Limited. All rights reserved

    Background: The United Nations General Assembly ended its three week debate on the world's economic problems on Thursday (2 May), but only time will tell if the gains, particularly for the Third World, were real or illusory. The developing nations won an economic declaration aimed at setting up a new, more equitable economic order in which the Third World with 70 per cent of the world's population would no longer eke out a livelihood on only 30 per cent of the global income. They also obtained adoption of a long but controversial programme of action which, if fully implemented could usher in the new order.

    But the two documents were drained of some of their impact when representatives of the western industrialised nations expressed reservations about such points as those relating to nationalisation of natural resources and restitution for alleged past wrongs.

    However, outwardly, unity between the rich nations and their poorer Third World colleagues was maintained.

    During the debate, countries hardest hit by world economic imbalance went out of their way to declare that the oil producing states had every right to set their own prices.

  • Tags

  • Data

    Film ID:
    VLVA5MYRMUA5S88KV44AFPEFVT2LX
    Media URN:
    VLVA5MYRMUA5S88KV44AFPEFVT2LX
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    03/05/1974
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:13:00
    Time in/Out:
    /
    Canister:
    N/A

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