done. The Centre was aware of the importance of the fund administered by UNEP but considered the operation of a fund in which transnational corporations would contribute as an additional task for the United Nations. He noted the satisfaction of delegations with the work accomplished on the criteria on sustainable development management and the request that they be complemented with operational principles. He reiterated that the Centre's intention with respect to the criteria was not to single out transnational corporations but observed that both General Assembly resolution 44/228 and Economic and Social Council resolution 1989/25 expressed what appeared to be a consensus that large industrial enterprises, including transnational corporations, had specific responsibilities with respect to the environment. -28-Action taken by the Commission 70. The Commission took note of the report of the Secretary-General on transnational corporations and the environment (E/C.10/1990/10). It requested the Secretary-General to prepare for its seventeenth session a comprehensive and analytical report, taking into account the comments made by delegations, with a view to making a significant contribution to the preparatory work of the United Nations Conference on Environment and Development. Chapter VII ROLE OF TRANSNATIONAL CORPORATIONS IN SERVICES, INCLUDING TRANSBORDER DATA FLOWS 71. The Commission considered item 8 of its agenda at its 4th, 5th and 6th meetings on 3 and 4 April 1990. It had before it the reports of the Secretary-General on transnational banks and external indebtedness (E/C.l0/1990/11) and on transnational service corporations and the Uruguay Round (E/C.l0/1990/12). A. Role of transnational banks 72. In introducing the item, the Acting Assistant Director of the Policy Analysis and Research Division of the Centre observed that there was hardly any dispute in the international community that the shadow of the external debt problem continued to cast gloom on the development prospects of a large number of countries. A large 
**Analysis**
The text appears to discuss the role of transnational corporations in various aspects of international relations, including the environment, economy, and international trade. The language used suggests that the text is focused on the impact of transnational corporations on developing countries and the global economy.

**Category**
Natural resources and environment, International trade