A/RES/68/304. Resolution of the United Nations General Assembly, 2014

• Resolution Number: A/RES/68/304
• Year: 2014
• Session: 68th
• Issuer: General Assembly of the United Nation

United Nations A/RES/68/304

General Assembly Distr.: General

17 September 2014

Sixty-eighth session

Agenda item 14

14-60733 (E)

*1460733*

Please recycle

Resolution adopted by the General Assembly on 9 September 2014

[without reference to a Main Committee (A/68/L.57/Rev.1)]

68/304. Towards the establishment of a multilateral legal

framework for sovereign debt restructuring processes

The General Assembly

,

Recalling

the United Nations Millennium Declaration, adopted on 8 September

2000,

1

and the high-level plenary meeting of the General Assembly on the

Millennium Development Goals and its outcome document,

2

Recalling also

the 2005 World Summit Outcome

3

and the follow-up to the

development outcome of the 2005 World Summit, including the Millennium

Development Goals and the other internationally agreed development goals,

4

Recalling further

the International Conference on Financing for Development

and its outcome document,

5

in which sustainable debt financing is recognized as an

important element for mobilizing resources for public and private investment, and

the Follow-up International Conference on Financing for Development to Review

the Implementation of the Monterrey Consensus and its outcome document, the

Doha Declaration on Financing for Development,

6

as well as General Assembly

resolution 68/204 of 20 December 2013,

Recalling

its resolution 68/279 of 30 June 2014 on the convening of the third

International Conference on Financing for Development to assess the progress made

in the implementation of the Monterrey Consensus and the Doha Declaration,

reinvigorate and strengthen the financing for development follow-up process,

identify obstacles and constraints encountered in the achievement of the goals and

objectives agreed therein, as well as actions and initiatives to overcome these

constraints, and address new and emerging issues, including in the context of the

recent multilateral efforts to promote international development cooperation, taking

into account the current evolving development cooperation landscape, the

_______________

1 Resolution 55/2.

2 Resolution 65/1.

3 Resolution 60/1.

4 Resolution 60/265.

5 Report of the International Conference on Financing for Development, Monterrey, Mexico, 18–22 March

2002 (United Nations publication, Sales No. E.02.II.A.7), chap. I, resolution 1, annex.

6 Resolution 63/239, annex.