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Gaurav Seth 6 years, 10 months ago
New International Economic Order(NIEO)
The Group of 77 or G-77 demanded a New International Economic Order (NIEO).
By the NIEO they meant a System that would give them:
(i) Actual control over their natural resources.
(ii) More development assistance.
(iii) Fairer prices for their raw materials.
(iv) Better access for their manufactured goods in developed countries' markets
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