The European Union abstained on the adoption of the resolution A/C.2/58/L.33 entitled “Unilateral Economic Measures as a Means of Political and Economic Coercion Against Developing Countries”.
The European Union is of the view that economic measures should be compatible with the principles of international law both as contained in the United Nations Charter and also with a wider interpretation including with the principles of the multilateral trading system and the rules of the World Trade Organization.
The European Union considers that unilateral coercive measures should not be taken against any member of the international community. Such measures are not admissible . We regret that the resolution is almost exclusively focussed on the taking of such measures against developing countries.
We would like to express our hope that the discussion on this point at the 60th session of the General Assembly will allow as to include these elements in future texts.
Thank you, Mr. Chairman.