G77 adopts Caracas Programme of Action

The UN conference concluded with a plan for developing countries to exchange knowledge and technical capacity on their own terms.

The General Assembly endorsed the plan, reinforcing technical cooperation among developing countries as a recognized international development approach.

The G77 ministerial meeting adopted a programme on collective self-reliance and a framework for negotiations with industrialized states.

States adopted the constitution of UNIDO, giving an intergovernmental foundation to work on industrial development, including in newly independent countries.

The sixth summit advanced anti-colonial solidarity and economic cooperation while members also debated the movement’s direction during the Cold War.

The General Assembly adopted the Declaration on the Right to Development, linking people’s participation and self-determination to economic and social rights.

The Agreement on the Global System of Trade Preferences among Developing Countries was signed in Belgrade to promote trade concessions within the South.

The GSTP became operational, providing a treaty framework for preferential trade among participating developing countries.

Foreign ministers renewed the group’s call for South–South cooperation and a more equitable international economic system.

African heads of state adopted a treaty to deepen regional integration and build an African Economic Community in stages.