This resolution advocates for the United States to formally declare the Monroe Doctrine no longer part of its foreign policy towards Latin America and the Caribbean. It highlights how the doctrine, initially intended to oppose European interference, evolved into a justification for extensive U.S. military, economic, and political interventions in the region, often at the expense of sovereign nations and human rights. The resolution cites numerous historical instances, from the Spanish-American War and "Banana Wars" to CIA-backed coups and support for dictatorships, illustrating a pattern of interference that has caused significant harm and instability. In place of the Monroe Doctrine, the resolution proposes developing a "New Good Neighbor" policy designed to foster improved relations and more effective cooperation with all countries in the Western Hemisphere. This new approach would emphasize mutual respect, non-interference, and shared prosperity. It calls for a fundamental shift in U.S. engagement, moving away from past practices of intervention and towards genuine partnership. The proposed policy includes several key measures to promote equitable development and economic justice. These involve developing new approaches to development financing that prioritize grants and concessional lending, supporting technology transfers, and advocating for democratic reforms within international financial institutions like the IMF and World Bank. The resolution also calls for regular issuances of IMF Special Drawing Rights and the creation of a Loss and Damage Trust under the United Nations to support climate action in developing countries. Furthermore, the resolution seeks to end unilateral economic sanctions imposed through executive orders and legislation, such as the Cuba embargo, and to establish robust congressional oversight over future sanctions. It also recommends an automatic review of bilateral assistance following unconstitutional power transfers and the prompt declassification of U.S. government archives related to past coups and human rights abuses in the region. The resolution underscores the importance of respecting international law, national sovereignty, and human rights, explicitly prohibiting extrajudicial killings. Finally, the resolution calls for a comprehensive reform of the Organization of American States (OAS) to ensure accountability, transparency, and independence, particularly concerning its electoral observation and human rights bodies. It also urges the United States to increase cooperation with regional bodies like the Community of Latin American and Caribbean States (CELAC) and the Caribbean Community (CARICOM) to address shared challenges such as climate change, inequality, arms trafficking, and the protection of workers' and Indigenous peoples' rights.