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SC
:
corresponding effort ought to be made by developing countries,
with centrally planned economies. This should have the effect of providing comparable
increased opportunities for the exports of developing countries to their markets.
While the Group considered that this point of view should be pressed on the countries in question, action by the major developed countries of the West should not be made
dependent on corresponding action by developed countries with centrally planned
economies.
Action by Developing Countries
44. The Group agreed on the importance of complementary measures by developing countries to promote trade among themselves and in particular of the establishment of new regional integration arrangements and strengthening of existing integration arrangements between developing countries and of the creation by the developing countries of a climate for foreign investment that will promote industrialization and permit the developing countries to take advantage of the potential trade advantages created by the special tariff treatment. Again, however, they did not believe that the grant of special tariff treatment could or should be made conditional on the adoption of such complementary measures by the developing countries themselves.
Conclusion
:
45. The Group have had very much in mind the fact that the Second UNCTAD Conference will begin in only four months' time and that the question of special tariff treatment for developing countries will inevitably be a major agenda item. They realise that · countries not represented on the Group, both developed and developing, are hoping that the Group's report will suggest how the stalemate on this subject can be broken. They have accordingly drawn up, and included as Part I of this report, a set of guidelines or principles as a basis for a statement which might be presented to the developing
countries at the Second Conference of UNCTAD.