Page 34 The multilateral development banks, including the newly-established European Bank for Reconstruction and Development, should ensure that the concept of sustainable development is an integral component of their policies, programmes and projects. In particular, the banks should ensure full consideration of the environmental and resource implications of their lending operations. (f) Given the increasing significance of environmental considerations in policy-making , international trade discussions should give full consideration to environmental , social, and economic objectives, GATT and other trade agreements should ensure the right of all countries to protect their environment and conserve natural resources within the discipline of the GATT rules. International forums such as OECD, ECE, UNCTAD and GATT should consider the interlinkages between environmental and trade policies. Mechanisms must be developed to ensure control of the international trade in toxics, such as pesticides (meaning, in general, all forms of agricultural biocide), whose use has been banned or severely restricted in the country of export, Economic instruments, including bilateral and multilateral trade agreements, should, in so far as practicable, be structured so as to avoid undesirable environmental effects resulting from international trade. In addition to trade distortions, there is a need to scrutinize environmental effects of other market distortions, such as tax exemptions and subsidies in order to and or modify practices that are not environmentally desirable. (g) Third world debt is a major obstacle to sustainable development. ECE Governments should continue to search for new and creative means of easing developing countries• debt service burden. ECE donor Governments should make every effort to allocate at least their committed target of 0.7 per cent of their GNP to sustainable development programmes. Governments and relevant international organizations are encouraged to find innovative solutions to the environmental challenges of Eastern and Southern Europe 
**Analysis**
The text primarily focuses on the interplay between economic development, international trade, and environmental sustainability. It highlights the need for multilateral development banks to consider environmental and resource implications in their lending operations, and for international trade agreements to balance economic, social, and environmental objectives. The text also touches on the issue of third world debt and the need for innovative solutions to ease the debt service burden. These themes suggest that the text is more closely related to economic development, international trade, and natural resources and environment.

**Category**
Economic development, Natural resources and environment