Report of standing committee on economic cooperation among developing countries on its third session

Abstract

The Standing Committee on Economic Cooperation among Developing Countries held its third session at the Palais des Nations, Geneva, from 19 to 23 June 1995. The outcome of the Standing Committee's work would become an important contribution to UNCTAD IX, as well as to the forthcoming Working Group to be convened later in the summer in New York pursuant to General Assembly resolution 49/96. The Committee was mandated to review ECDC achievements since Cartagena, as well as to lay the foundations for future work on ECDC, and in that connection it pointed to the need for a constructive and substantive discussion on the role of ECDC in the international cooperation agenda. Finally, it highlighted the importance of UNCTAD as the only intergovernmental organization with a specific and explicit mandate and machinery for ECDC and, by virtue of a General Assembly resolution, the focal point for ECDC in the United Nations system.