interest rates,andde~ining transfer oftechnology.andnotworktofindviablesolutions forit.Ifthesituation deterioratesthird-world countries inAfrica, AsiaandLatinAmerica. onmoreclarity andjustice forallcountries oftheworld,richandpoor.(Mr.Al-Alawi, oman)A/49/PV.8 .81. Ourworldiswitnessing increasing terrorism intheformofthekidnapping offortieth anniversary oftheunitedNations.economic edifice inharmony withthehopesofthepeoplesoftheworldonthisdialogue between NorthandSOuththatcanleadtotheestablishment ofanew individuals, thehijacking ofaeroplanes, thebombingofcivilian installations andItwouldbeunfai~toourselv~s toacceptthissituation asamatteroffact initiatives toconfront thefamineandthedeteriorating economic situation inshouldnotgivewaytodespair. WeshouldfollowtheexamplesetbyinternationalInspiteofthedeterioration oftheinternational economic situation we ~~ekillingofinnocent people. Wedeplore terrorism inallitsforms~wefinditanddrought inAfricashouldbeanincentive fortheinitiation ofaconstructiveAfrica, initiatives thatdemonstrated whattheinternational will,whenproperly directed, canachieve. Theexcellent international spiritthatconfronted famineThiseOunumie sibUation iaalsoreflected inthechaosprevailing lfithe thepresent economic systemcannotdealwiththiscrisis. Therefore weinthetrade,theirincreasing ind~btedness andtheirinability toservice suchdebts furtheritwillaffectallofus,including therichcountries. Werealize that Groupof77callfortheestablishment ofanewinternational economic orderbasedanyattempt tocheckitwillleadtoincreased suffering bythepeoples ofsituation. Thishasbeendemonstrated bytheincreasing imbalance intheirforeign owingtorisinginterest rates. Thecontinuance ofthisabnormal situation withoutinternational monetary system. Thecountries ofthethirdworld,whichdependon limited resources, although notalonearethehardesthitbythepresent economicRM/19 . . ,...,.. . . ".,.bankruptcy.(Mr..Al-Alawi, om!!!)~.fJ/PV ..8 &Z Themeeting roseat1.05p.m.WeappealtoallMembers ofthisOrganization toworktogether inthisindividuals andpeoples.Wecallforacomitment totheprinciples ofrightandjustice toachieve the Inspiteofallthedifficult problems andcrisesfaced~ourworldtodaywe endeavou~ sothatsecurity andtrustmayprevail inourinternational community andappropriate solutions forthedifferent crisesandproblems thatconfront us.Wewill s~por~ everyinternational orregional efforttocombatterrorism, in whatever formitmaytake,andwecalluponallStatestoco-operate closelyin shouldnotunderestimate theprogress achieved bytheUnitedNations sinceitsnational interests andfo~respect forthedifferences thatexistbetween foundation. WestillhavehopethattheUnitedNationswillseekandfindjustandconfronting andcombating thisdangerous political disease. confidence betweenStatesandpeoples bestrengthened.prideinitscivilization, ideals,traditions, religion andhumanheritage, andwe consider terrorism andviolence tobeaphenomenon thatreflects ideologicalreligion, Islam,andotherrevealed religions. Webelongtoanationthattakes goalsweseek,forreliance onlegitimate meansofdefending ideologies andW19
**Analysis**
The text discusses the economic situation of developing countries, particularly in Africa, Asia, and Latin America, and its impact on the international community. It highlights the issues of poverty, debt, and famine, and emphasizes the need for a new international economic order to address these problems. The text also touches on the theme of terrorism and its impact on international relations.

**Category**
Economic development, International trade