EVENT INFORMATION

1
May
1974

UN adopts a call for a New International Economic Order

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📅 1 May 1974 📍 International

The General Assembly adopted the Declaration on the Establishment of a New International Economic Order. Newly independent states argued that political independence without control over trade, resources, finance, and technology left colonial economic inequalities intact. The declaration demanded more equitable global rules, but industrial powers resisted many of its proposals.

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Non-Aligned and Group of 77 delegates

UN member states

Organizations in this Event

United Nations General Assembly

Group of 77

Non-Aligned Movement