THE NEW INTERNATIONAL ECONOMIC ORDER Sample Clauses

THE NEW INTERNATIONAL ECONOMIC ORDER. (NIEO) In addition to the above resolutions, General Assembly of the United Nations ushered in a new world economic order (NIEO) through the instrumentality of two General Assembly Resolutions: These resolutions were: - ⮚ General Assembly Resolution 3202 (S - VI) “Declaration on the Establishment of a New International Economic Order. ⮚ General Assembly Resolution 3281 (XXIX) Charter of Economic Rights and Duties of States (CERDS). These two resolutions were adopted in 1974 and they enlarged the scope of Resolution No. 1803 of 1962 on the Permanent Sovereignty over Natural Resources to include “all its wealth, natural resources and economic activities” 49. Resolutions No. 3201 and 3281 (S.V) in effect put in place a new International Economic Order. Specific provisions attesting to the permanent sovereignty of states over its resources, states that: In order to safeguard these resources, each state is entitled to exercise effective control over them and their exploitation with means suitable to its own situation, including the right to nationalization or transfer of ownership to its nationals, this right being an expression of the full permanent sovereignty of the state. No state may be subjected to economic, political or any type of coercion to prevent the free and full exercise of this inalienable rights. Furthermore, the Programme of action affirmed its resolve to: Put an end to all forms of foreign occupation, racial discrimination, apartheid, colonial, neocolonial and alien domination and exploitation through the exercise of permanent sovereignty over natural resources. As laudable and radical as these resolutions on the Permanent Sovereignty over Natural Resources by nations states are, different results on its implementation have emerged. One of the results is the illusion that because of Permanent Sovereignty over Natural Resources, developing countries would directly and independently manage their resources without the requisite technical know how and financial wherewithal. The nationalistic rush to set up costly infrastructure without necessary technical back up led to bureaucratic dislocations and frustrations. Consequently the expected benefits to their inward - oriented, states engineered self-efforts failed to contribute meaningfully to the development of national economies. Thus, Xxxxx Xxxxxx - Xxxxxxxxx argues with obvious justification that this nationalistic approach merely offered a platform for the enrichment of the elite ruling class i...
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Related to THE NEW INTERNATIONAL ECONOMIC ORDER

  • International Olympic Committee; International Red Cross and Red Crescent Movement As instructed from time to time by ICANN, the names (including their IDN variants, where applicable) relating to the International Olympic Committee, International Red Cross and Red Crescent Movement listed at xxxx://xxx.xxxxx.xxx/en/resources/registries/reserved shall be withheld from registration or allocated to Registry Operator at the second level within the TLD. Additional International Olympic Committee, International Red Cross and Red Crescent Movement names (including their IDN variants) may be added to the list upon ten (10) calendar days notice from ICANN to Registry Operator. Such names may not be activated in the DNS, and may not be released for registration to any person or entity other than Registry Operator. Upon conclusion of Registry Operator’s designation as operator of the registry for the TLD, all such names withheld from registration or allocated to Registry Operator shall be transferred as specified by ICANN. Registry Operator may self-­‐allocate and renew such names without use of an ICANN accredited registrar, which will not be considered Transactions for purposes of Section 6.1 of the Agreement.

  • INTERNATIONAL TRANSPORT 1. Profits derived by an enterprise of a Contracting State from the operation of ships or aircraft in international traffic shall be taxable only in that State.

  • Human and Financial Resources to Implement Safeguards Requirements 6. The Borrower shall make available necessary budgetary and human resources to fully implement the EMP and the RP.

  • International Boycott Grantee certifies that neither it nor any substantially owned affiliated company is participating or shall participate in an international boycott in violation of the provision of the U.S. Export Administration Act of 1979 (50 USC Appendix 2401 et seq.) or the regulations of the U.S. Department of Commerce promulgated under that Act (15 CFR Parts 730 through 774).

  • Procurement of Goods and Services (a) If the HSP is subject to the procurement provisions of the BPSAA, the HSP will abide by all directives and guidelines issued by the Management Board of Cabinet that are applicable to the HSP pursuant to the BPSAA.

  • INTERNATIONAL TRAFFIC 1. Profits from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.

  • Required Procurement Procedures for Obtaining Goods and Services The Grantee shall provide maximum open competition when procuring goods and services related to the grant-assisted project in accordance with Section 287.057, Florida Statutes.

  • Interlocal Cooperation Act In satisfaction of the requirements of the Cooperation Act in connection with this Agreement, the Parties agree as follows:

  • International Assignor hereby requests such “open access” publication of the Animated abstract and agrees to pay the applicable Fee in accordance with the terms below: [ ] YES [ ] NO The Fee shall be paid initially with a US$ 500 advance payment on giving the Publisher the instruction to start work on the Animated Abstract, and US$ 450 (English language edition) or US$ 950 (Foreign language edition) on completion of the Animated Abstract. PAYMENT TERMS: Xxxxxxx Science shall invoice the Assignor in respect of the Fee. The Assignor shall pay the Fee to Xxxxxxx Science within 15 days of the date of invoice by means of cheque made payable to “Xxxxxxx Science Publishers Ltd”, or by credit card payment or by bank wire transfer. On making bank payments, please ensure that reference is made to our invoice number to avoid your payment not being traced. The Fee shall be paid in full without any deduction or withholding other than as required by law and the Assignor shall not be entitled to assert any credit, set-off, deduction, counterclaim or abatement of any nature whatsoever against Xxxxxxx Science in order to justify withholding payment of any such amount in whole or in part. If the Assignor is required, pursuant to any applicable present or future law, rule or regulation of any competent governmental or other administrative body, to make any deduction or withholding from any amount payable to Xxxxxxx Science pursuant to this Agreement, the Assignor shall pay to Xxxxxxx Science an additional amount as will, after the deduction or withholding has been made, leave Xxxxxxx Science with the same amount as it would have been entitled to receive in the absence of any such requirement to make a deduction or withholding; promptly pay to the relevant authority the amount of such deduction or withholding; and provide evidence of the same to Xxxxxxx Science on request.

  • Green Economy/Carbon Footprint a) The Supplier/Service Provider has in its bid provided Transnet with an understanding of the Supplier’s/Service Provider’s position with regard to issues such as waste disposal, recycling and energy conservation.

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