Reclaiming UNCTAD: Draw from its roots to resist neoliberal agenda: Page 2 of 2

Posted on 14 July 2016

of aggression or the use of force against the territorial integrity or political independence of any country

8. Settlement of all international disputes by peaceful means, such as negotiation, conciliation, arbitration or judicial settlement as well as other peaceful means of the parties own choice, in conformity with the charter of the United Nations

9. Promotion of mutual interests and cooperation

10.  Respect for justice and international obligations

Bandung’s historical significance extended to the initiation of the Non Aligned Movement (NAM) of developing countries in 1961 and the campaign for a New International Economic Order (NIEO) in 1974. The same aspirations of independence, liberation, peaceful coexistence and development for developing countries drove the founding of UNCTAD in 1964, led by new members of the UN coming from developing countries.

The spirit of Bandung is still very much relevant today. The dominance of foreign monopoly capital in almost all aspects of our societies must be met with a stronger solidarity among peoples of the world resisting oppression, exploitation, plunder, and war. The neoliberal agenda in trade and investment must be met with an alternative trade regime that answers to people’s needs and demands, and requires states to uphold: 1) Sovereignty and people’s rights, 2) Democratic decision-making, 3) Solidarity, mutual cooperation and complementarity among states, 4) Friendship and peaceful coexistence, 5) Environmental sustainability, and 6) Accountability to the people.


*IBON International ( engages in capacity development for people’s rights and democracy around the world. It strengthens links between local campaigns and advocacies to international initiatives and brings development issues from the international arena in a way that peoples’ organizations and social movements can engage with at country level.

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