on Financing and agree with the request of the Group of 24 for the creation of a committee representing the Ministers of developed and developing countries to prepare for the conference. RH/11 A/S-18/PV. 4 SO(a-z) (Mr. Alkhader, Yemen) We also support programmes and United Nations strategy aimed at achieving development and equitable progress. This session should provide momentum for the second United Nations conference on the least developed countries, to be held at Paris in September. JP/jl A/S-18/PV. 4 51 Mr. BAKO (Niger) (interpretation from French): Having witnessed your skilful leadership of the Assembly at its forty-fourth session, Sir, we are naturally pleased to see you presiding over the work of this historic special session devoted to international economic co-operation. in particular to the revitalization of economic growth and development of the developing countries. The session is historic for more than one reason. First, it is taking place at a time when the world is undergoing deep changes at the strategic, political, ideological, economic and environmental levels, which are creating new international relations and which will undoubtedly have a decisive impact on the future of societies, nations and individuals. The session is also historic because of the legitimate hopes that the whole international community places in it, hopes that it will result in concrete, courageous and innovative decisions that can decisively influence the balance of our world at the dawn of the third millennium. Finally, the session is historic because the Assembly is meeting today with the participation of 160 States, following the admission at the beginning of the week of the newest Member, the Republic of Namibia, which my delegation warmly greets and welcomes. The independence of Namibia, today seated among the free, sovereign nations of the world, is a major victory and a cause of legitimate pride 
**Analysis**
The text discusses the creation of a committee to prepare for a conference on international economic cooperation, specifically focusing on the development and growth of developing countries. It also mentions the revitalization of economic growth and development, which suggests a strong connection to economic development. Additionally, the text mentions the participation of 160 states, including the newest member, the Republic of Namibia, which adds a layer of international relations and cooperation.

**Category**
Economic development, International trade