ABSTRACT

The economic relations between the socialist and imperialist countries to date have scarcely acquired any of the features. Imperialism continues to discriminate against the socialist countries. A new situation was created through the emergence of national liberation revolutions. The socialist countries of Eastern Europe, which from the mid-1950s had been pressing for such a conference, readily supported the call in the Cairo Declaration. A leading member of the US Delegation at the Seventh Special Session declared: "The United States can and will not accept interpretations that the world currently is heading toward something which calls itself a new international economic order." Serious problems encumbering international economic relations, such as Seventh Special Sessions of the United Nations, for a new international economic order. Along with other socialist countries the German Democratic Republic ffers developing countries very favorable conditions in its offers of long-term arrangements in raw materials trade, in scientific-technical cooperation, in the training of cadres.