"Another factor that should be regarded as more favorable stems from the increasingly obvious conflicts between the public interests (which are of real benefit to the peoples) of the wealthy nations and the private interests of their great international corporations. The overall cost (military, economic, social and political) of operating through multinational enterprises exceeds their contribution to the central economies and becomes increasingly burdensome to the taxpayer. We should also take into consideration the plundering of these international cartels, and their powerful corruptive influence on public institutions in rich and poor countries alike. The peoples affected oppose such exploitation and demand that the government concerned cease giving over part of their foreign economic policy to private enterprises that arrogate to themselves the role of agents promoting the progress of the poorer countries and that have become a supranational force which is threatening to get completely out of control. This undeniable fact has profound implications for the proceedings of the present Conference. There is a serious risk that, even if satisfactory agreement is reached by the representatives of sovereign states, the measures upon which we agree may produce no real effects, inasmuch as these companies handle de facto the practical application of the agreements in silence and conforming to their own interests."