A/RES/54/226 Page 3 7. Also notes with appreciation the growing economic cooperation among developing countries with increasing mutual trade and investment, as well as industrial and technical cooperation, including in the context of small and medium-sized enterprises; 8. Welcomes the successful conclusion of the second round of negotiations on the Global System of Trade Preferences among Developing Countries, and invites participating countries to join in efforts towards deepening, accelerating and expanding the Global System to enhance its impact; 9. Recognizes the progress achieved in a number of developing countries in strengthening human and institutional capacities, inter alia, in such areas as education, health, biotechnology, information and communications technology, space technology, financial sector management and microfinance, the sharing of which would be beneficial to enhancing growth and development in other developing countries, and urges the international community, particularly bilateral and multilateral donors, to continue to assist the capacitybuilding efforts of developing countries in these areas; 10. Notes with appreciation the growing number of developed countries participating in triangular cooperation, encourages the use of such cooperation by other countries, and in this context requests the Special Unit for Technical Cooperation among Developing Countries of the United Nations Development Programme, in collaboration with the countries that have been supporting such cooperation, to seek innovative ways to document and disseminate relevant lessons learned on the basis of progress achieved and problems encountered and to identify options for the exploitation of the full potential of such cooperation; 11. Also notes with appreciation the contribution made by some countries to the Voluntary Trust Fund for the Promotion of South-South Cooperation and to the Perez-Guerrero Trust Fund for Economic and Technical Cooperation among Developing Countries, and invites all countries, in particular developed countries, to contribute to the Trust Funds; 12. Calls upon all Governments and all relevant United Nations organizations and multilateral and regional financial institutions to consider increasing allocations of financial resources for economic and technical cooperation among developing countries and to strengthen funding modalities to promote SouthSouth cooperation, such as triangular cooperation and private sector funding; 13. Encourages developing countries and relevant organizations and agencies of the United Nations system, as well as other partners in development efforts, in the practice of technical and economic cooperation among developing countries, to develop and to support innovative mechanisms to foster South-South cooperation in science and technology, with particular emphasis on the development and the sharing of high technologies and appropriate technologies, with a view to their better utilization for the growth and the development of developing countries; 14. Stresses, in this context, that South-South cooperation in science and technology is not a replacement for but a complement to traditional North-South cooperation in science and technology, in particular appropriate North-South technology transfer; 15. Emphasizes the need for concerted action by developing countries and their development partners, including relevant international organizations, with a view to strengthening cooperation and collaboration among developing countries at the subregional, regional and interregional levels; /...

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