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Promotion of the International Flow of Private Capital

A/RES/1318(XIII)No PDF available

Who created this mandate?

A Resolution of the General Assembly, published in 1959.

What subjects does this mandate have?

3 topics
Capital MovementsForeign InvestmentsProject Identification

What does this mandate say?

4 operative paragraphs
1
Requests the Secretary-General to consult as appropriate and obtain the views of qualified persons, drawn from both capital-exporting and capital-importing countries, regarding:
a
The fields of activity in which foreign private investment is needed and sought by under-developed countries and the volume and forms in· which such investment would be acceptable;
( b) The types of projects-including, where possible, specific examples-which private foreign investors may be interested in financing or undertaking in under-developed countries in suitable circumstances;
2
Further requests the Secretary-General, drawing on the views of the qualified persons concerned and
taking into account other available information, to prepare a report concerning measures in operation or contemplated, both in capital-exporting and capital-importing countries, for the channelling of an increasing flow of private capital investment into the development of under-developed ~::>untries under mutually satisfactory arrangements;
3
Invites the Secretary-General to submit his report to the Economic and Social Council at its twenty-ninth session for transmission, with the Council's recommendations, to the General Assembly for consideration at its fifteenth session.
12 December 1958.

iParagraph content is machine-extracted from UN documents. For authoritative content, please refer to the official UN document.

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