Write some points on NIEO ( EXPERTS PLEASE HELP)
Dear nisha,
The New International Economic Order (NIEO) was a set of proposals put forward during the 1970s by some developing countries through the United Nations Conference on Trade and Development to promote their interests by improving their terms of trade, increasing development assistance, developed-country tariff reductions
Some points are following.
1. The Group of 77 or G-77 demanded a New International Economic Order (NIEO).
2 By NIEO they meant by a system that would give them real control over their natural resources.
3. More developmental assistance.
4. Fairer prices for their raw materials.
5. Better access for their manufactured goods in he developed countries' markets.
Regards.
The New International Economic Order (NIEO) was a set of proposals put forward during the 1970s by some developing countries through the United Nations Conference on Trade and Development to promote their interests by improving their terms of trade, increasing development assistance, developed-country tariff reductions
Some points are following.
1. The Group of 77 or G-77 demanded a New International Economic Order (NIEO).
2 By NIEO they meant by a system that would give them real control over their natural resources.
3. More developmental assistance.
4. Fairer prices for their raw materials.
5. Better access for their manufactured goods in he developed countries' markets.
Regards.