ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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the forthcoming fifth UN conference on track and development (UNCTAD V) at Manila to contribute towards further improvement in relations between industrial and underdeveloped countries. At the same time, Bonn is fully aware that the persistent North- South divide cannot be fully bridged. An official position paper states blandly: "It will be difficult to achieve substantial agreement on mast of the issues." Major issues to be negotiated in Manila are: structural changes in the world economy, growing protectionist tendencies, raw materials, the role of IMF, official development assistance (ODA), foreign private investments, indebtedness of under developed countries, code of conduct for transfer of technology, economic co-operation between the underdeveloped countries and the role of UNCTAD vis-a-vis GATT, World Bank and UN organisations like UNIDO.

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