assistance, striving toachieve international targets, including alevelof 0.7percentoftheirgrossnational products forofficial development assistance. Foraidtobeeffective weneedtopayfullattention toproject quality anddesign andtheappropriate policy environment. "AIIcountries should contribute toasuccessful conclusion oftheUruguay RoundoftheGeneral Agreement onTariffs andTrade (GATT) whichholdsthe prospect ofsignificant market liberalization fromwhichallwillbenefit. We mustresistprotectionist forces andworktowards astronger GATTwhichcanmore /...1I/IIC.233/L.7 English Page17 effectively promote anopentrading system. Expansion andliberalization of tradeincommodities wouldbeofparticular benefit todeveloping countries. Allcountries shouldstrive torespond tochanges inefficient worlddemandwith innovation anddiversification oftheirproductive sectors. "Commodity exports playa keyroleintheeconomies ofdeveloping countries andmakeacrucial contribution toexportearnings andinvestment. Thereisa needforbetter functioning ofcommodity markets andmorestable andpredictable conditions. Diversification wouldassistthedeveloping countries toincrease andstabilize theirexportearnings. Allcountries andmultilateral institutions should undertake measures tosupport theseefforts. "IV.CONCLUSION "TheUnited Nations isaunique forwninwhichthecommunity ofnations can address allissuesinacomprehensive andintegrated manner and,giving due regardtotherespective competences ofthespecialized institutions, playa key roleinsetting thebasisfortherevitalization ofeconomic growth and development. "TheMemberStatesoftheUnited Nations pledgetheircommitment toaddress theissuesinthisdeclaration ofthespecial session through theirnational policies, international co-operation, intheelaboration oftheinternational development strategy fortheFourth United Nations Development Decade andinthe Second United Nations Conference ontheLeastDeveloped Countries." C.Organization ofwQrk Qf thespecial sessiQn 13.litthe9thmeeting, on2March, theVice-Chairman oftheCommittee, Mr. Wang BaQliu (China), introduced andorally revised adraftdecision submitted on thebasisofinformal consultations entitled "Provisional agenda andorganizational matters". (Thedraftdecision, asQrally revised, wassubsequently issuedin document 1I/IIC.233/L.4.) 14.litthesamemeeting, thePreparatory Committee adopted thedraftdecision, as orallyrevised (seetheannex,draftdecision I). D.Provisional agenda forthethirdsession ofthe ~aratory Committee 15.litthe9thmeeting, on2March, theVice-Chairman oftheCommittee. Mr. Wang Baoliu (China), introduced andorally revised adraftdecision submittad on thebasisofinformal consultations entitled "Provisional agenda[orthethird session ofthePreparatory Committee". (Thedraftdecision, asorally revised. was subsequently issuedindocument A/AC.233/L.5.) 16.Therepresentative ofBolivia, QnbehalfoftheStates Members oftIleUnited Nations thataremembers oftheGroupof77,proposed thata newsUb-paragrapll be /...A/AC.233/L.7 English Page18 addedattheendofthedraftdecision toread"(c)Toholdopen-ended informal consultations before theconvening ofthethirdsession ofthePreparatory Committee". 17.Atthesamemeeting, thePreparatory Committee adopted thedraftdecision, as orally revised andamended (seetheannex,draftdecision II). I...A/AC.233/L.7 English Page19 DECISIONS ADOPTED BYTHEPREPARATORY COMMITTEE ATITSSECOND SESSION DECISION I Provisional agenda andorganizational matters ThePreparatory Committee decides torecommend totheeighteenth special session oftheGeneral Assembly theadoption ofthefollowing provisional agenda and organization ofwork: 1.Provisional agenda 1.Opening ofthesession bytheChairman ofthedelegation ofNigeria.
**Analysis**
The text primarily focuses on economic development, international cooperation, and trade, with a specific emphasis on developing countries. It discusses the importance of achieving international targets for official development assistance, promoting trade liberalization, and addressing issues related to commodity markets and export earnings.

**Category**
Economic development, International trade