"We cannot ignore the ever widening income gap between the rich and the poor, between the industrialised North and the developing South. This situation represents a dangerous time bomb which the world can ill-afford to let take its own course. Our planet earth is too small to perpetuate the unacceptable co-existence of abject poverty and abundance of prosperity within its fold. We will only deal with this situation effectively, when we promote mutually beneficial commercial trade between the North and South within the framework of North-South and South-South Cooperation."