colonization. Such interests still constituted a major element impeding independence. The prime example was Namibia, which was prevented from achieving independence by South Africa's economic interest in the Territory. Foreign economic investment in Namibia had contributed to South Africa's intransigence. The increasina ~apital investment and the transfer of equipment and technology from some countries had helped South Africa to develop its nuclear capability, which posed not only a threat to regional .and international peace and security but also affected the question of Namibian independence. 18. It was said that foreign economic interests created positive effects tor the Namibian people and that terminating such activities would create readjustment problems tor Namibia upon independence. Such considerations were, however, beside the point, because the economic activities undertaken were in direct violation of numerous resolutions and decisions of the United Nations, the International Court of Justice, had Decree No. I promulgated by the United Nations Council for Namibia. 19. His country called on all countries to stop economic activities impeding the implementation of the Declaration on the Granting ot Independence to Colonial Countries and Peoples. The time had come to move beyond condemnation and take action to put a halt to foreign economic activities in Namibia. 20. Mr. TAGAL (Malaysia) said that much had been achieved since the adoption of the Declaration on the Granting of Independence to Colonial Countries and Peoples 25 years ago. Many territories had attained independence and self-government and he took great pride in the work of the Committee and the Special Commit~ee of 24, but difficult tasks still lay ahead. Many members of the Committee were aware that remnants ot the colonial past still lingered on. 21. Namibia was a classic example of the correlation between colonial domination and economic and other forms of exploitation. Rationalizations abounded. For 
**Analysis**
The text primarily discusses the impact of foreign economic interests on the independence of Namibia, highlighting the correlation between colonial domination and economic exploitation. The focus is on the economic activities undertaken by South Africa and other countries, which are seen as impeding Namibia's independence.

**Category**
Economic development, International trade