countries which have not vet agreed on a proqramme with those sister Bretton Woods institutions are excluded even when everyone knows and actually aqrees that their need for such external d:!bt moratorium is genuine. Tanzania joins the voices of those delegations which have called for a concerted approach to the external &bt problem, instead of the present piecemeal approach where each indebted developing country is individually forced to negotiate with a cartel of creditors. A co-ordinated approach cannot be desirable fbr creditors but unnecessary for debtor countries, unless one is looking for "divide and rule" advantages. This special session of the United Nations General Assembly is taking place at a critical moment in the history of the Organization. The far-reaching changes taking place in Eastern Europe~ as well as the practical experience of the 1980s of the developing countries, have in a way rendered old myths and prescriptions obsolete as they opened up new realities. If, at the verv minimum, this special session is able to bring all parties much closer to realitv, especiallY in appreciating that the development process, bv its very nature, is a complex multidimensional and necessarily long-term one, calling at the same time for mutual patience and understanding, then our travelling all the way to New York will not have been in vain. We are convinced that the challenges of the 1990s and beyond should be confronted in the context of increasing interdependence and co-operation. All of us inevitably have a collective responsibility to find equitable and durable solutions to the problems faced bv the developing countries through the revitalization of their economic growth and development. JSM/td A/S-18/PV. 8 103 Mr. PEERTHUM (Mauritius): It is a pleasure again to welcome Mr. Garba as President of the General Assembly at this special session on international.economic 
**Analysis**
The text appears to be a speech or statement delivered at a special session of the United Nations General Assembly, focusing on the external debt problem faced by developing countries. It emphasizes the need for a concerted approach to address this issue, rather than individual negotiations with creditors. The text also touches on the theme of interdependence and cooperation, and the need for equitable and durable solutions to the problems faced by developing countries.

**Category**
International trade, Economic development