the developing countries? Should negotiations on agreements to reduce military expenditures take place within or without the United Nations framework or both? What policies should the United Nations carry out in order to encourage negotiations of this kind? Modalities of agreements: What kinds of expenditures would preferably be subject to negotiation, military budgets or actual OutlaYs? would there be a need for additional agreement5 which provide for reductions not in money terms but in physical terms, such a5 the number of tanks, aircraft, etc.7 could a negotiation to reduce military expenditures be limited tc only part of them and, if so, which alternative5 seem to be the most feasible ones? On what basis should reductions be determined, should they have to be ecual in an absolute or relative sense or could they be based on some other criteria? A/40/421 English Page 58 (d) Verif icatfon: (i) What type of information concerning military efforts and expenditures would negotiating Parties have to exchange among themselves for the purpose of facilitating their negotiations and for their reaching and subsequently supervising of an agreement? (ii) At which points in time would this information have to be made available? (iii) Which provisions could be made in the agreement and which measures could be taken tQ ensure a both satisfactory and acceptable verification? (e) Reallocation of resources: (i) How could real resources released through reduction of military expenditures be efficiently used for civilian purposes? (ii) How could a reduction of military expenditures be best channelled into economic and social development, especially for the benefit of the developing countries? (f) Arms transfers: (I) How should arms transfers be dealt with in conneCtion with negotiations on agreements to reduce military expenditures? 154. Although operational solutions to many of these issues and questions may only 
**Analysis**
The text appears to be discussing international diplomacy and security, specifically the reduction of military expenditures and the allocation of resources for civilian purposes. It touches on various aspects such as negotiations, agreements, verification, and reallocation of resources. These themes suggest that the text is related to the broader context of international relations, development, and security.

**Category**
International trade, Economic development