from the military field for use in development needs, in particular those of developing countries. It should also examine the relationship between increased military expenditures, in particular those of the most powerful, and the world economic situation, and formulate recommendations in that regard. The Preparatory Committee for this Conference has successfully completed its first session and we expect that the General Assembly will renew the mandate of the Preparatory Committee. In the past four decades the United Nations has striven to halt the arms race and to open the process of disarmament. There is no doubt that the results achieved are of value in the security, political and moral spheres. If, however, we evaluate these results against the backdrop of their influence on the existing military reality in the world, then we cannot but note that they are of marginal importance only. In this anniversary year we believe that favourable conditions should be created to open up prospects for genuine disarmament. The creation of these conditions cannot be conceived without, or outside, the United Nations. Mr. OTT (German Democratic Republic): Permit me at the outset to extend to you, Sir, on behalf of the delegation of the German Democratic Republic warm congratulations on your election as Chairman of the First Committee, and to wish you success in your responsible function. Your rich experience and your well-known JVM/10 A/C.l/40/PV.4 37 (Mr. Ott, German Democratic Republic) diplomatic skills will greatly contribute in the fulfilment of the task facing this Committee. Our best wishes go also to the Vice-Chairmen and to the Rapporteur. We should like to express our thanks to the Chairman of the First Committee at its thirty-ninth session, Ambassador Souza e Silva, for his judicious and successful work. Our session begins in a year of historic anniversaries. Together with the 
**Analysis**
The text appears to be discussing the relationship between military expenditures and the world economic situation, as well as the United Nations' efforts to promote disarmament. It also touches on the importance of creating favorable conditions for genuine disarmament. Given the focus on international relations, security, and diplomacy, it seems likely that the text is related to the categories that deal with global governance and international cooperation.

**Category**
International trade, Humanitarian aid and relief