International development goals
In 1970 the General Assembly of the United Nations made a commitment to the developing countries of the world that:
"Each economically advanced country will progressively increase its official development assistance to the developing countries and will exert its best efforts to reach a minimum net amount of 0.7 percent of its gross national product at market prices by the middle of the decade"
Over the past 40 years, since the original agreement, the members of the UN have repeatedly reiterated this commitment. However there has been disagreement from some of the richest countries such as the USA who argue that this is unfair and discriminates against the larger economies as 0.7% of a large GNP constitutes a much large sum of money that 0.7% of a small GNP.
There is still however a commitment amongst many of the richer countries to work towards achieving this goal.