the proclamation of Namibian independence last March. On this immortal occasion and, on behalf of the two delegations of Yemen, I have the pleasure of welcoming the Republic of Namibia to the international oommunity. Here, I would pay tribute to the role of the United Nations Council for Namibia as well as to the significant efforts of the Secretary-General, Mr. Javier Perez de Cuellar, and the team that has assisted him in his task. In spite of positive changes in the climate of international relations, which have been reflected by detente, the policy of co-operation and the peaceful settlement of international disputes with a view to establishing a world free from the threat of annihilatioo in which international Peace and stabili tv shall reiqn, the present international economic situation continues to pase a major threat to international sec uri tv. The problem is especiallY exacerbated by the Persistence of crises in the international economy, the decline in international economic co-operation, the qrowi.nq qap in the disparities and inequalities between developed and developing countries, the hiqh interest rates on loans, the debt crisis, the JVM/10 A/S-18/PV. 4 44-45 (Mr• Alkhader, Yemen) trade barriers and, not least, by the adverse flow of resources from develoPing to developed countries. Hence, we have to redouble our efforts and co-operation in strivinq to brinq about an international economic order based on justice and the equality of all oountries, thereby reducing the gap between the developed and developinq countries, in particular the least developed. In Yemen, we are determined to adopt significant and bold measures in dealing with the problems of development through increasing economic co-operation, multiplying trade relations and redoubling all forms of co-ordination between the two parts of Yemen for the benefit and prosperity of our people. In fact, the 
**Analysis**
The text appears to focus on the global economic situation and the efforts of countries to address its challenges, specifically the disparities between developed and developing countries. The speaker mentions the need for international cooperation to establish an economic order based on justice and equality, and highlights the importance of addressing the debt crisis, trade barriers, and the adverse flow of resources from developing to developed countries. The text also touches on the specific efforts of Yemen to adopt measures to deal with development problems.

**Category**
Economic development, International trade