(41) (42) <43) (46) <48) Secretary [-eid] and [-did] (44) . of -the face ... (45) (47) (2) Mister President (3) distinguished ladies and (4) and gentlemen (5) I would like to touch (6) on the problem (7) which in many .ways (8) bedevils the developing countries in Asia (9) Africa and Latin America (10) since the adoption of the resolution (11) on the Development Decade (12) this Assem bly (13) has increasingly turned its attention (14) to the great problem (15) of disparity between the stand ards of living (16) of the developing (17) and the developed countries (18) the turning point came (19) in nineteen sixty four (20) when at the first session of the UN Conference on Trade and Development (21) the internation al community (22) took a pledge (23) to tackle this problem (24) in a systematic (25) and concerted manner (26) and gave to itself (27) the machin ery and the framework (28) of a dynamic international policy (29) for achieving this purpose (30) the United Nations Conference (31) on Trade and Development (32) has completed (33) two years of existence (34) the (35) progress in the implementation of the re commendations adopted (36) at the first session of the Conference (37) has been disappointing (38) the annual report of the Secretary General (39) of UNCTAD (40) ’to the Trade and De velopment Board (41) which (42) has just