Territories. On the whole, such activities could, in tact, contribute to the development of the Territories; and in situations where the contrary was true, the real problem stemmed less from the dependent status of the Ter~itory in question than from the organization of world markets and the unbalanced relations between developing and industrialized countries. Since, however, the current draft resolution went turther and challenged certain States by name, France would vote against it. 54. Mr. WERNDL (Federal Republic of Germany) observed that, because of its deep commitment to the right of self-determination for all peoples, his delegation regretted having to cast two negative votes in a Committee whose work had to do with that right. · 55. With regard to the draft resolution on foreign economic and other interests, the Federal Republic could not endorse its contention that their activities in dependent Territories were indiscriminately detrimental. Foreign investment was clearly an asset to newly independent States in their efforts to build up economic systems of their own. Moreover, his delegation could not accept the singling out for criticism in the draft resolution of three Member States, among them his own, a Procedure which was incompatible with the spirit of co-operation which ought to inspire the work of the Committee. 56. With regard to the draft decision on military activities, the Federal Republic endorsed the statement made by the representative of Luxembourg. 57. Mr. RASMUSSEN (Denmark), speaking on behalf of .the five Nordic countries, said that they would abstain in the vote on both the draft resolution and the draft decision before the Committee. I ... A/C.4/40/SR.l0 English Page 12 (Mr. Rasmussen, Denmark) 58. The draft resolution failed to distinguish between the various kinds of foreign economic and other activities in Namibia and other dependent Territori~s. 
**Analysis**
The text discusses the activities of foreign countries in dependent territories, specifically in the context of economic development and international trade. The speakers mentioned foreign investment, economic systems, and world markets, indicating a focus on economic issues. Additionally, the text touches on the concept of self-determination, which is often linked to economic development.

**Category**
International trade, Economic development