bilateral relations. Wewelcome thedecision tocommemorate thisfortieth anniversary, whichwill provide uswiththeopportunity toelaborate further ontheroleoftheunited Nations. Thecurrent worldeconomic crisis, whichoriginated insomeofthemajor industrialized countries, hasnowbecometrulyglobalinnatureandscope. The seriousness andtheacutecharacter ofthecrisiswhichweareexperiencing, andof whichthethird-world countries aretheworstvictims, require there-evaluation of theroleofthismultilateral organization ininternational economic relations and inthefostering ofsolutions totheseproblems.BeT/ljb A/40/PV.26 42 (Mr.TjonKiestm,Suriname) Whencertain financial an~other instituti~ns wereestablished, problems were notconsidered comprehensively, norwasthechanging worldpolitical situation takenintoaccount. Atthattimethemajority oftoday's developing countries were notindependent. Themechanisms oftheseinstitutions andtheeconomic systemof whichtheywereareflection wereactually designed toprotect theinterests ofthe developed countries. Thecontradictions inherent inthissystembecameapparent in thesixties, shortly.aftermanythird-world countries hadgainedtheir independence. Thiseconomic systemhasprovedtobeunsuitable notonlyforthe developmental needsofthethird-world countries, butforthepeoplesofthe countries whichinitiated itaswell. Thecurrent economic orderhasleftthedeveloping countries withcontinuously declining growthrates. Termsoftradehavedeteriorated andhavefurther been affected byexchange-rate fluctuations, whilethepricesofrawmaterials are continually falling. Highinterest rates,protectionist measures andrisingdebt burdens haveheaVily undermined theeconomies ofthedeveloping countries. This posesaserious threattotheireconomic, socialandpolitical stability, andhence tointernational peaceandsecurity. Thereseemstobeanunwillingness amongcertain developed countries toengage inserious andmeaningful negotiations tobringanendtotheinequalities and injustices ininternational relations. MyGovernment isoftheopinionthatthe developed countries havetodemonstrate theirpolitical willbyconsidering the worldeconomic problems intheirtotality. Thecurrent situation hasabundantly demonstrated thattheinterests ofthedeveloped countries andthoseofthe developing countries cannolongerbetreated separately. Theinterdependent natureoftheinternational situation, theincreasing interrelationship ofproblems andtheinterconnection oftheirsolutions mustbeBCT/ljb A/40/PV.26 43 (Mr.TjonKieSill,Sudnarae) anincentive andreasonfotdialogue andco-oper~tjon between thedeveloping and thedeveloped world. Globaleconomic growthcanbeachieved andsustained bythe co-operation ofdeveloped anddeveloping countries inapartnership thatis mutually beneficial. TheNorth-South dialogue canyieldpositive results onlyifSouth-South co-operation isstrengthened. Suriname willactively promotethisformof co-operation, which,contrary toNorth-South relations, isnotaffected bythe burdenofunequalities inherited fromcolonialism andneo-colonialism. The relations between thethird-world countries canbemoregenuine andsoundand mutually beneficial, andcanallowustoenjoyprofits andbenefits whichwere previously drained fromoursocieties. Peaceanddevelopment areinterrelated. Hence,theinternational community cannotbeassuredofdurable peacesolongastheeconomic disparities between nations keepwidening. Political instability, resulting fromarmedconflicts, intervention andinterference andthedangerous armsrace,ishampering global development andtheestablishment ofaviableeconomic order,sincepolitical freedom andeconomic progress areinseparable. Giventhepresent international situation, itistheinalienable rightandthe desireofthepeoples ofthethird-world countries toliberate themselves from economic dependence andtobuildastrongnational economy fortheirowninterest andprosperity. Yetthisuncontestable truthiso~tendeniedandissometimes even metbyeconomic, political ormilitary aggression.BCT/ljb A/401P11~26 44-45..'. ~ > ofexerting political coercion, andweurgeMemberStatestodevelopeffective ways toprevent embargoes, sanctions oranyothercoercive actions incompatible withthe
**Analysis**
The text discusses the economic crisis, the role of the United Nations, and the need for global cooperation and dialogue between developed and developing countries. It highlights the unsustainable economic system, the consequences of colonialism and neo-colonialism, and the importance of self-liberation and national economic development for third-world countries. The text also touches on the relationship between peace and development.

**Category**
Economic development, International trade