the field of macroecono)llic and structural policies, with due account being given to the interests and needs of developing countries. This co-operation is not sufficient in itself to create conditions for a better future for the world; it should be complemented by stability in the international trade and financial system. However, national policies often seem to be incompatible with the corner-stones of the international economic system. First, the international trade system is increasingly threatened by the expansion of protectionism in the form of unilateral or bilateral arrangements contrary to the spirit of the General Agreement on Tariffs and Trade (GATT). A clear divergence is becoming evident between the long-term objectives proclaimed by Governments and the short-term policies they pursue. We should therefore show unequivocally that we are determined to resist protectionist pressures and to renounce measures which subvert international trade mechanisms. The Uruguay Round negotiations provide an excellent opportunity for that. Their success will help strengthen the multilateral trade system, mainly through adequate, concrete responses to issues traditionally of particular interest to developing countries. This approach will also show that moves towards economic JP/jl A/S-18/PV. 3 78 (Mr. Bozer, Turkey) integration are aimed at the unification and dynamic liberalization of domestic markets and not the establishment of new barriers against third countries. The re-establishment of the basic principles of the multilateral trade system should be accompanied by more effective co-operation on the transfer of international resources to developing countries. Paradoxically, during the 1980s those countries were net exporters of resources to the industrialized world, primarily because of deteriorating terms of trade and increased interest rates, which worsened the debt crisis for many developing countries. In this context, it must be accepted that considerable progress has been made recently with a view to reducing the debt and its servicing. Nevertheless, a 
**Analysis**
The text discusses the importance of cooperation between countries in the fields of macroeconomic and structural policies, with a focus on the interests and needs of developing countries. It highlights the need for stability in the international trade and financial system, and the importance of resisting protectionist pressures and promoting international trade. The text also touches on the issue of debt and its impact on developing countries.

**Category**
International trade, Economic development