A/RES/53/175. Resolution of the United Nations General Assembly, 1998

• Resolution Number: A/RES/53/175
• Year: 1998
• Session: 53rd
• Issuer: General Assembly of the United Nation

UNITED A

NATIONS

General Assembly

Distr.

GENERAL

A/RES/53/175

25 January 1999

Fifty-third session

Agenda item 91 (d)

RESOLUTION ADOPTED BY THE GENERAL ASSEMBLY

[on the report of the Second Committee (A/53/606/Add.4)]

53/175. Enhancing international cooperation towards a durable solution to the

external debt problem of developing countries

The General Assembly,

Recalling its resolutions 48/165 of 21 December 1993 and 50/92 of 20 December 1995, the report

of the Ad Hoc Committee of the Whole of the General Assembly for the Mid-Term Review of the

Implementation of the United Nations New Agenda for the Development of Africa in the 1990s1and the

Agenda for Development,2as well as the results, as agreed, of all major United Nations conferences and

summit meetings held since the beginning of the 1990s,

Recalling also its resolutions 51/164 of 16 December 1996 and 52/185 of 18 December 1997 on

enhancing international cooperation towards a durable solution to the external debt problem of developing

countries,

Reaffirming the urgent need for further implementation in an effective, equitable and

development-oriented way of existing mechanisms for the treatment of the external debt and debt-servicing

problems of developing countries in order to help them to exit from the rescheduling process and

unsustainable debt burdens, and, in this context, stressing the need to agree upon equitable burden-sharing

among the international public creditor community,

1Official Records of the General Assembly, Fifty-first Session, Supplement No. 48 (A/51/48).

2Resolution 51/240, annex.

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