A/RES/57/272
differential treatment, are properly and effectively addressed in accordance with the
Ministerial Declaration adopted at Doha, 3 as amended by the action of the General
Council of the World Trade Organization;
10. Recognizes that trade rules and issues in the post-Doha framework should
have a clear development content;
11. Expresses its concern about the adoption of a number of unilateral
actions that are not consistent with World Trade Organization rules, that harm the
exports of all countries, in particular those of developing countries, and that have a
considerable bearing on the ongoing World Trade Organization negotiations and on
the achievement and further enhancement of the development dimension of the trade
negotiations;
12. Welcomes the commitments announced at the International Conference
on Financing for Development to increase the levels and effectiveness of official
development assistance, looks forward to the early availability of the resources
committed in keeping with the announced time frames, urges developed countries
that have not done so to make concrete efforts to achieve the target of 0.7 per cent of
gross national product as official development assistance to developing countries
and 0.15 per cent to 0.20 per cent of gross national product to least developed
countries, and encourages developing countries to build on progress achieved in
ensuring that official development assistance is used effectively to help achieve
development goals and targets;
13. Reaffirms the determination, as expressed in the United Nations
Millennium Declaration,2 to deal comprehensively and effectively with the debt
problems of low- and middle-income developing countries, through various national
and international measures designed to make their debt sustainable in the long term;
14. Reaffirms also that reviews of debt sustainability should also bear in mind
the impact of debt relief on progress made towards the achievement of the
development goals contained in the Millennium Declaration and that debt
sustainability analysis at the completion point needs to take into account any
worsening global growth prospects and declining terms of trade; in addition, efforts to
strengthen the transparency and integrity of debt sustainability analysis should continue;
15. Stresses, in the consideration of any new debt resolution mechanism, the
importance of a broad discussion in the appropriate forums, with the participation of
all interested actors, welcomes the steps taken by the international financial
institutions to take into account social aspects and the borrowing costs for
developing countries, encourages them to continue their efforts in that regard, and
reiterates that the adoption of such a mechanism should not preclude emergency
financing in times of crisis;
16. Stresses also the special importance of creating an enabling international
economic environment through strong cooperative efforts by all countries and
institutions to promote equitable economic development in a world economy that
benefits all people, and in this context invites developed countries, in particular
major industrialized countries, which have significant weight in influencing world
economic growth, when formulating their macroeconomic policies, to take into
account whether their effects in terms of the external economic environment would
be favourable to growth and development;
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3
See A/C.2/56/7, annex.
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