Decides to include in the provisional agenda of its twenty-ninth session an item entitled "Charter of Economic Rights and Duties of States".
308:{ (XXVIII). Study on the indexation of prices
1
Requeststhe Secretary-General of the United Nations Conference on Trade and Development to prepare, after consultation with the President of the International Bank for Reconstruction and Development, a comprehensive study on the indexation of prices of commodities produced in, and exported by, developing countries and to examine ways and means whereby unit p~ices of m~nuf~ctured imports from developed countnes and umt pnces of exports from developing countries could be automatically linked;
2
Further requeststhe Secretary-General of the United Nations Conference on Trade and Development to submit a report on the findings of the study to the General Assembly at its twenty-ninth session, through the Trade anCJ Development Board.
308-1- (XXVIII). Reform of the international monetary syste111
3
Welcomes the provisions for full and effective p_articipation of the developing countries in the discussions and in. the decision-making process of the reform and emphasizes the role of the Committee on Reform of the International Monetary System and Related Issues as the body fully responsible in all negotiations on the reform;
4_. . I:ec?gniz<'s the need for an appropriate degree of flex1b1hty m the new monetary system to take into account int~r alia, specifically, the special characteristics a~d specific structural probkms of developing countries;
5
_Invites the International Monetary Fund to give atte~t1on to _the concerns of the developing countries, particularly m the forthcoming review of its current quota, and through that, consequentially, voting structure;
6
_En_dorses further examination of proposals for cstablishmg a new fund facility to provide longerte:m balance-of-payments finance for developing countries:
7
R e~ngni"-:.es the need for reviewing the methods of <?Perat10n of the International Monetary Fund, in particular the terms for both credit repayments and "stand_-by" arrangements, the system of compensatory fma.ncnw, and the terms of the financing of commodity butter s:och. so as to enable the developing co,1ntrics to ma1.:c more effectiw use of them;
1 ~ See Proceedinf:{s of the United Nations Conference on Trade and Develorment, Third Session, vol. I. Rr11ort and H\ See Prnceedings of thP United Nations Confcr1,ncc un Tradr an:/ [),-1·clorml'nl. Th.'rd Session. v"I. T,
