United Nations General Assembly A/RES/59/243 Distr.: General 28 February 2005 Fifty-ninth session Agenda item 87 (e) Resolution adopted by the General Assembly on 22 December 2004 [on the report of the Second Committee (A/59/485/Add.5)] 59/243. Integration of the economies in transition into the world economy The General Assembly, Reaffirming its resolutions 47/187 of 22 December 1992, 48/181 of 21 December 1993, 49/106 of 19 December 1994, 51/175 of 6 December 1996, 53/179 of 15 December 1998, 55/191 of 20 December 2000 and 57/247 of 20 December 2002, Reaffirming also the need for the full integration of the countries with economies in transition into the world economy, Welcoming the progress made in those countries towards market-oriented reforms and achieving macroeconomic and financial stability and economic growth, inter alia, through sound macroeconomic policies, good governance and the rule of law, and noting the need to sustain those positive trends, Noting that in some economies in transition this progress has been slower, resulting in lower aggregate development levels and lower per capita income, Stressing the importance of continued international assistance to countries with economies in transition to support their efforts towards market-oriented reforms, institution-building, infrastructure development and achieving macroeconomic and financial stability and economic growth, and to ensure that they are fully integrated into the world economy, Recognizing, in particular, the need to enhance the capacity of those countries to utilize effectively the benefits of globalization, including those in the field of information and communication technologies, and to respond more adequately to its challenges, Recognizing also the continuing need for favourable conditions for market access of exports from countries with economies in transition, in accordance with multilateral trade agreements, Recognizing further the important role that foreign direct investment should play in those countries, and stressing the need to create an enabling environment, both domestically and internationally, to attract more foreign direct investment to those countries, Recognizing the role that the private sector can play in the socio-economic development of those countries and their integration into the world economy, and 04-49084