struggle that justice will prevail over power. We look forward to Palestine, the State of the heroic Palestininan people, joining the Organization as the inevitable cone 1 us ion of i ts struggle and jihad • Today we are discussing, in a new relaxed international climate, the revitalization of economic growth and development in the developing countries. This climate marks a considerable diffusion of tension in the psychological, political, economic as well as military fields, the persistence of regional conflicts notwithstanding. Despite its vulnerability, its transparency and the passibility of its sustaining temPOrary set-backs, economic and social development is apt to benefit from this new situation. In this day and age, our world has been split in two: a developed world barricading itself behind economic structures and protective laws and becoming richer, and a developing world most of which is becominq poorer. Assistance from the industrial world has not reached even the meagre figure of 0.7 Per cent of gross national product , set by the Uni ted Nat ions as a ta rqet for the developed countries to achieve as part of their role in the restructuring of the world ecooomy. A recent study conducted by the World Bank has shown that the developinq countries' loss of income, as a result of non-tariff restrictions and barriers imposed on their eltports to the developed nations, exceeds what the latter give in official development assistance. RH/14 A/S-18/PV. 7 62 (Mr. Shihabi, Saudi Arabia) Needless to say, the decline in the transfer of capital, investment and technolocw to the developinq countries adds heavily to their huqe burden of foreiqn debt. Such a burden is exacerbated by the decline in prices of primarv commdi ties exoorted to the industrial world, expeciallv as thev rePresent the only source of export earninqs for most of th.e develoPinq nations. When hiqh interest rates, 
**Analysis**
The text discusses the struggles of developing countries in terms of economic growth, development, and debt, highlighting the disparities between the developed and developing worlds. It also touches on the topic of international trade and the impact of non-tariff restrictions and barriers on developing countries' exports. The text does not mention natural resources, environment, agriculture, forestry, fishing, health, education, employment, humanitarian aid, culture, or science and technology.

**Category**
Economic development, International trade