questions and historical debates . At the same time, most delegations opposed the idea of re-opening the discussion on the paragraphs of the code which. they underlined, had already been accepted ad referendum. A number of delegations stressed that a good basis for finalizing the code was the draft text contained in document E/1988/39 /Add.l. -17-l i . 25. A few delegations expressed disappointment that it had not been possible to use the April informal consultations to continue substantive discussions on the code, since the views of one group had not been forthcoming. While aware of the difficulties involved in the protracted negotiations, they should not prevent substantive discussions from continuing. They therefore appealed to all delegations to engage in a final effort to surmount the present difficulties and ensure that the next meeting would produce positive results. 26. A number of expert advisers and representatives of international organizations also expressed support for the conclusion of the code, stressing the importance of the code standards for improving living standards and working relations world wide. Action taken by the Commission 27. The Commision took note of the report of the Secretary-General on the progress made in the work on the code of conduct on transnational corporations (E/C.l0/1990/5). It requested the Secretary-Generul to submit another report on the subject to the Commission at its seventeenth session. 28. The Commission also took note of the report of the Secretary-General on international arrangements and agreements related to transnational corporations (E/C.l0/1990/6). It requested the Secretary-General to update that report for the seventeenth session of the Commission. 29. The Commission requested the Executive Director of the Centre to take all necessary action to assist in the finalization of the negotiations on the code of conduct on transnational corporations. Code of conduct on transnational corporations 
**Analysis**
The text appears to be discussing a code of conduct for transnational corporations, which suggests a focus on international business and economic activities. The language used is formal and technical, indicating a discussion among experts and policymakers. The text also mentions the Commission, the Secretary-General, and international organizations, which further supports the idea that the topic is related to international relations and economic development.

**Category**
Industry, International trade