solidarity is essential today, when the world has become interdependent and when we witness a globalization of the problems confronting us. The debt burden, one of the main causes of the impoverishment of the countries of the third world and a brake on their development, should be dealt with more realistically. While the various measures aimed at alleviating the debt are appreciated, they should be expanded and revised to take into account the growth and development needs of the debtor countries. At the same time, the third world countries, whose savings rate is very low, must have access to foreign capital, which they so badly need to finance their development. Here we must recall the target set by the United Nations 30 years ago, when it called on the developed countries to devote 0.7 per cent of their gross national product to development aid. JP/bg A/S-18/PV. 9 23 (Mr, Ravix, Haiti ) The role of international trade in economic expansion is clear. We believe it is vital to stress the need for the markets of the developed countries to be more open to products from third world countries. Measures taking into account the needs of the developing countries should be drawn up and the necessary machinery should be established by international institutions, such as the Stabex System - for stabilization of export earnings - the Common Fund for Commodities, and the International Monetary Fund's compensatory financing and emergency financing facility should be strengthened, or in fact supplemented by even bolder measures. We hope that at the second United Nations Conference on the Least Developed Countries, to take place in Paris in September, these questions will be adequately addressed . In considering strategies to revitalize growth in the developing countries, our delegation must mention the role that each of our countries has to play, by 
**Analysis**
The text discusses the importance of solidarity and cooperation in addressing global economic issues, specifically the debt burden and the need for international trade and aid to promote economic development in developing countries. The language used is focused on economic growth, development, and aid, suggesting that the main concern is economic in nature.

**Category**
Economic development, International trade