CM/Res. 748(XXXIII) Rev. 1
RESOLUTION ON THE INTEGRATED PROGRAMME FOR COMMODITIES
The Council of Ministers of the organization of African Unity meeting in its Thirty- third Ordinary Session in Monrovia, Liberia, from 6 to 20 July 1979;
Recalling Resolution CM/611 (XXX) adopted in Tripoli Libya, February, 1978, and Resolution CM/658 (XXXI) in Khartoum, Sudan, on the Common Fund under the Integrated Programme of commodities … ..,
Having discussed the OAU Secretary-General’s Report C CM/984 (XXXIII) on UNCTAD 7 and learned of its disappointing results;
Stressing the urgent need for the developed countries to adopt a positive attitude in the international negotiations at the UNCTAD Conference and the Trade and Development Board;
URGES the Interim Committee of the United Nations Negotiating Conference on a Common fund to take into account the African countries’ concern on the distribution of votes under the articles of agreement of the Common Fund;
FURTHER URGES Member States of UNCTAD as well as international organizations which have not yet done so to announce their pledges of voluntary contributions to the second window of the Common fund before its Fourth Session in convened;
REAFFIRMS the expressed desire of the African region for the need for a greater sense of urgency in the implementation of the Integrated Programme for Commodities,
TAKES NOTE of UNCTAD V’s decision to establish frameworks of international co-operation for expanding the processing of primary commodities and the export of processed goods in developing countries and for the marketing and distribution of commodity exports of these countries;
CALLS UPON the UNCTAD Secretary-General to assist in establishing an appropriate inter-governmental machinery for continuing negotiations on individual commodities in the fields of processing and marketing and distribution;
FURTHER CALLS UPON the Secretary-General of UNCTAD in consultation with the OAU Secretary-General to undertake studies of the needs and costs in the medium term in die fields of research and development, market promotion and horizontal diversification for commodities in the indicative list contained in Resolution 93 (IV) of UNCTAD IV held in Nairobi, Kenya in 1976;
URGES the Secretary-General of UNCTAD to complete this work as early as possible and to make it available through the appropriate procedures to the Common Fund as an aid to its investment programme under the second window and to the relevant financial institutions in Africa.