essential, therefore, that we not overlook the positive role trade as well as aid can play in e'conomic development. We recall the findinqs of a 1988 World Bank study which observed that the trade-protection policies of industrialized countries reduced devel<)ping countries • national income by almost twice the level of official development assistance received from those industrialized countries. The removal of such protectionist policies is essential to the establishment of the conditions necessary for sustainable development on a qlobal scale. New Zealand is particularly conscious of the importance. that development policies have in relation to the environment. All who seek to Protect the environment for future generations must be actively involved in assistinq with development. And all who wish to see development that is sustainable must ensure that their policies are environmentally sound. We are aware of the resDOnsibili ty that the industrialized countries bear for many of the environmental ills that beset our planet. In or.der to ensure that the potential Qrowth of the economies of the developinq countries is not constrained, New Zealand believes that developinq countries must have access to technoloqies and assistance to enable environmentallY sound development policies to be JX,lrsued. The developed countries have a particular role to play in facilitating this process so that all may achieve sustainable development. In our view this will be one of the most siqnificant matters to be addressed by the 1992 United Nations Conference on Environment and Development. Finally, over the remaininq two days of the sPecial session we Member States will map out a framework for the future. Practical .consensus decisions taken here BCT/ASW A/S-18/PV.7 52 (Dame Ann Hercus, New Zealand) will influence posi tivelv the development and economic policies for. many years ahead. Some of the wealthier States amonq us have the luxury of reqardinq this 
**Analysis**
The text discusses the role of trade and aid in economic development, highlighting the importance of sustainable development and environmental protection. It emphasizes the need for industrialized countries to remove protectionist policies and provide developing countries with access to technologies and assistance to enable environmentally sound development. The text also mentions the 1992 United Nations Conference on Environment and Development, which suggests that the topic of sustainable development is a key concern.

**Category**
Economic development, Natural resources and environment