A UNITED NATIONS General Assembly Distr. GENERAL A/RES/51/165 26 February 1997 Fifty-first session Agenda item 94 (b) RESOLUTION ADOPTED BY THE GENERAL ASSEMBLY [on the report of the Second Committee (A/51/602)] 51/165. Net flows and transfer of resources between developing and developed countries The General Assembly, Reaffirming its resolutions 47/178 of 22 December 1992 and 49/93 of 19 December 1994, Taking note of the World Economic and Social Survey, 1996,1 in particular chapter III thereof, entitled "The international economy", and the report of the Secretary-General on the net transfer of resources between developing and developed countries,2 Recognizing that, while developing countries have primary responsibility for their own development, there is continuing need for the international community to give strong support to their efforts to solve their economic and social problems through, inter alia, the promotion of a favourable international economic environment, Noting that for many developing countries, especially those in Africa and the least developed countries, official development assistance remains an important source of financial resources to support their development efforts, Recognizing the increasing role of private investment and that the completion of the Uruguay Round of multilateral trade negotiations was a major step by the international community towards the expansion of the rule-based 1 United Nations publication, Sales No. E.96.II.C.1. 2 A/51/291. 97-76909 /...

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