export earnings stabilization. He called on all Governments to ensure the successful outcome of future work. The spokesman for Group D (USSR) stated that decision 317 (S-XIV) was of a procedural nature and, as to its substance, reiterated the view of Group D as explained at Belgrade on the adoption of Conference resolution 157 (VI) and during the current special session. With regard to the financial implications (annex II below), he emphasized that Group D continued to consider that all UNCTAD activities should be undertaken within the limits of existing budgetary resources. The representative of New Zealand recalled that his delegation had abstained at UNCTAD VI in respect of resolution 157 (VI) on compensatory financing in part because it felt some aspects were potentially prejudicial to elements of value in the existing IMF facility. During the current special session, however, it had participated in discussions in Group B because the issues being analysed were important and needed to be thought through. Instability of commodity export earnings was of concern to all Governments. His delegation was not convinced, however, that the case for a completely new facility had yet been made. Indeed it would see the technical determination of that issue one way or the other, as being the primary task of the Intergovernmental Group referred to in paragraph 7 of decision 317 (S-XIV). Consequently, it was the view of the Government of New Zealand that it was too early to consider the possibility of convening a negotiating conference and that even the qualified reference to such a conference in paragraph 8 was premature. Notes 1/ See Official Records of the General Assembly, Thirty-ninth Session, Supplement No. 15 (A/39/15), vol. II, sect. II. 2/ For the composition of the Bureau elected at the thirtieth regular 
**Analysis**
The text appears to be discussing the stabilization of export earnings, specifically in the context of commodity exports. It mentions the International Monetary Fund (IMF) and the United Nations Conference on Trade and Development (UNCTAD), suggesting that the topic is related to international trade and economic development. The language used is formal and diplomatic, indicating that it may be a formal document or statement from an international organization or government.

**Category**
International trade, Economic development