What is NIEO?explain it.
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Gaurav Seth 6 years, 9 months ago
New International Economic Order.
The Group 77 countries demanded a New International Economic Order to:
(i)get real control on their own natural resources
(ii)get more development assistance from advanced or western countries.
(iii)obtain fairer price for raw material and better access for their manufactured goods in developed countries’ markets.
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