The Minister for Foreign Affairs of Finland, Mr. Vayrynen said: "Now that new technologies are making the economic utilization of space even more attractive • • • the time has come to think about a more comprehensive approach to the use and management of this resource." (A/40/PV.6, p. 37) The Soviet Union is proposing the implementation of a complex of specific measures that would help combine the concerted efforts of States in the peaceful use of space technology for the benefit of all countries. This is spelled out in detail in the document submitted for the consideration of the General Assembly which is entitled "Main directions and principles of international co-operation in the peaceful exploration of outer space in conditions of its non-militarization". (A/40/132) Such co-operation, in the view of the Soviet Union, could be implemented in the ascendant, ranging from exchanges of scientific and technical information to pooling the efforts of States for the solution of large-scale problems of space exploration. Eventually, joint operation of orbital factories manufacturing new materials and industrial products in conditions of deep vaccum and weightlessness would also become a reality. Even now it is possible to set in motion work both in fundamental space research and in space technology applications. The possibility of the development and utilization of space technology, including large international orbital scientific stations as well as manned spacecraft of various types, is well within reach. To organize and implement the interaction of States, a world space agency, entrusted with important functions, could be established. It would give all states mutually beneficial and non-discriminatory access to the results of scientific and BG/12 A/C.l/40/PV.3 47 (Mr. Troyanovsky, USSR) technological achievements, implement international space projects, help involve the developing countries in space activities, and promote utilization by those 
**Analysis**
The text discusses the potential for international cooperation in the peaceful exploration of outer space, with a focus on the economic benefits of space technology and the establishment of a world space agency to facilitate collaboration. The language used suggests a focus on the development of new technologies and industries, as well as the sharing of resources and knowledge among nations.

**Category**
Science and technology, Industry