provisions of the International Convention on the Elimination of All Forms of Racial Discrimination. Since the submission of Ethiopia's sixth periodic report in 1988, significant political, economic and social reforms had been undertaken in the light of the prevailing situation in his country and the major events taking place in the rest of the world. In connection with article 5 of the Convention, he recalled the constitutional provisions described in paragraphs 25 to 27 of the sixth periodic report. On 6 March 1990, the Central Committee of the Workers' Party of Ethiopia had adopted resolutions declaring that Ethiopian economic and social development would henceforth be guided by the principles of a mixed economy and that political life would be restructured to reflect the democratic unity of all classes, nationalities and groups. Emphasizing that peace and respect for the unity and territorial integrity of Ethiopia were critical prerequisites for the realization of the new policy objectives, the Central Committee had urged opposition groups to come forward and participate in efforts to achieve peace and the implementation of the newly adopted policies. The mixed economy was based on State, private and co-operative ownership. Economic parameters in a context of free competition dctcrnfned the viability of each enterprise. State enterprises CERD/C/SR.871 page 14 would be authorized to operate with management autonomy and, if they failed to be viable, would be auctioned to the private sector and closed if still unable to prove their viability. The private sector would be given full government backing and there would be no restriction on Ethiopian citizens' investment and participation in all spheres of economic activity. Existing joint venture legislation was to be revised with a view to attracting foreign capital to the extent that it could make a meaningful contribution to Ethiopia's development needs. Existing State trading organizations and enterprises were to operate 
**Analysis**
The text appears to be discussing the economic reforms and policies implemented in Ethiopia, specifically in the context of the International Convention on the Elimination of All Forms of Racial Discrimination. The text mentions the adoption of a mixed economy, the role of state, private, and cooperative ownership, and the importance of free competition. It also touches on the revision of joint venture legislation to attract foreign capital and the operation of state trading organizations and enterprises.

**Category**
Economic development, International trade