Towards a New International Economic Order

A/RES/75/225View PDF

Who created this mandate?

A Resolution of the General Assembly, under agenda item 22aGlobalization and interdependence, published in 2020.

What other versions does this mandate have?

10 versions · 2009–2024

This is an older version — the most recent is A/RES/79/215

2024A/RES/79/215Towards a new international economic orderLatestCompare with previous version
2022A/RES/77/174Towards a new international economic orderCompare with previous version
2020A/RES/75/225Towards a new international economic orderCompare with previous version
2019A/RES/73/240Towards a new international economic orderCompare with previous version
2017A/RES/71/236Towards a new international economic orderCompare with previous version

Versions are identified automatically by matching titles within the same organ (~97% accuracy on a manual audit).

What subjects does this mandate have?

4 topics

Developing Countries International Economic Relations International Trade Sustainable Development

Which reports were submitted under this mandate?

2 reports of the Secretary-General submitted under this mandate, 2022.

2022A/77/253Fulfilling the promise of globalization : advancing sustainable development in an interconnected world report of the Secretary-General
2022A/77/214Towards a new international economic order report of the Secretary-General

Identified automatically from the metadata in each report’s UN Digital Library catalogue record.

What does this mandate say?

15 operative paragraphs

Takes note of the report of the Secretary-General;

Notes that the 2030 Agenda for Sustainable Development, the Addis Ababa Action Agenda of the Third International Conference on Financing for Development and the Paris Agreement adopted under the United Nations Framework Convention on Climate Change carry forward many of the ideas and recommendations of the Declaration on the Establishment of a New International Economic Order and the Programme of Action on the Establishment of a New International Economic Order;

Reaffirms the need to continue working towards a new international economic order based on the principles of equity, sovereign equality, interdependence, common interest, cooperation and solidarity among all States;

Reiterates that States are strongly urged to refrain from promulgating and applying any unilateral economic, financial or trade measures not in accordance with international law and the Charter of the United Nations that impede the full achievement of economic and social development, particularly in developing countries;

Reaffirms that national development efforts need to be supported by an enabling international economic environment, including coherent and mutually supporting world trade, monetary and financial systems and strengthened and enhanced global economic governance, as well as by respect for each country’s policy space;

Also reaffirms the need to step up coordination of macroeconomic policies among countries to avoid negative spillover effects, especially in developing countries;

Calls for the fulfilment of the commitment to pursue policy coherence and an enabling environment for sustainable development at all levels and by all actors and to reinvigorate the Global Partnership for Sustainable Development;

Reaffirms the recommitment to broadening and strengthening the voice and participation of developing countries, including African countries, the least developed countries, landlocked developing countries, small island developing States and middle-income countries, as well as countries and peoples under foreign occupation, in international economic decision-making, norm-setting and global economic governance, including the need to make the international financial system and the relevant institutions more responsive to the needs and concerns of developing countries;

Also reaffirms the necessity to respect the territorial integrity, national sovereignty and political independence of States;

Calls upon States to strengthen cooperation, including through relevant organizations of the United Nations system and other relevant regional or international forums, to combat illicit financial flows in all their forms;

Reaffirms that international trade is an engine for development and sustained economic growth, as well as the eradication of poverty in all its forms and dimensions, and also reaffirms the critical role that a universal, rules-based, open, non-discriminatory and equitable multilateral trading system can play in stimulating economic growth and development worldwide, thereby benefiting all countries at all stages of development;

Stresses the need to explore the means and instruments needed to achieve debt sustainability and the measures necessary to reduce the indebtedness of developing countries;

Calls upon Member States and international financial institutions to provide more liquidity in the financial system, especially in all developing countries, in order to make available necessary fiscal space and liquidity and help them to manage the unfolding crisis caused by the COVID-19 pandemic while achieving sustainable development, emphasizes the need to strengthen development cooperation and to increase access to concessional finance, especially in the context of the global pandemic, and calls upon donors that have not done so to fulfil their respective official development assistance commitments, particularly to least developed countries;

Reiterates the significance of addressing the constraints on technology transfer to developing countries, including the transfer of sound technology from developed countries to developing countries on favourable terms, including on concessional and preferential terms;

Decides to continue considering the international economic situation and its impact on development at its seventy-seventh session, and in that regard requests the Secretary-General to include in his report to the General Assembly, under the item entitled “Globalization and interdependence”, an updated overview of the major international economic and policy challenges for equitable and inclusive sustained economic growth and sustainable development and of the role of the United Nations in addressing those issues, as well as possible ways and means to overcome those challenges, bearing in mind the outcomes of the major United Nations conferences and summits in the economic, social and related fields and the principles contained therein, and the 2030 Agenda, in the light of the relevant principles contained in the Declaration and the Programme of Action on the Establishment of a New International Economic Order.

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What does this mandate say?

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