International action for commodity stabilization and the role of Africa

Abstract

This resolution 25(III) adopted by the Commission at its 46th plenary meeting on 15 February 1961 recognizing that African countries account for a significant share of world Trade in Certain Primary Commodities; and the need to minimize wide fluctuations in the world prices of commodities by national and international action; the need for urgent concerted action by African countries aimed at stabilizing the world prices of these commodities.