Renewed efforts to reach the internationally aqreed tarqet of 0. 7 per cent is strongly called for, and we hope that this special session as well as the subs.equent fourth international development strategy and the Conference on Environment and Development in 1992 -which, inter alia, will focus on the need for additiooal resources to address the international environmental agenda -will be able to bring about new ~veloPments in this regard. Denmark has in its development-assistance policy consistentlv cotmni tted itself to a high and continuously growing level of official ~velopment assistance. In 1989 Danish development assistance amounted to 0. 91 per cent of the gross national product and, by vearly increases of o. 03 per cent, it is our goal to reach the level of 1 Per cent by 1992. The third point is that the very serious ~bt problems facing many developinq countries can be solved only through continued efforts bv debtors, official as well as private creditors, and the international financial institutions within the framework of the established strategy. JVM/19 A/S-18/PV. 8 86 (Mr. Mortensen, Denmark) Sound adjustment undertaken by the debtor countries must be ~t with increased external financing through the multilateral development institutions and bilateral assistance programmes. As concerns the need for debt and debt-service reduction, the efforts undertaken in tbe framework of the Toronto agreement and the Brady initiative must be more effectively implemented. We should bear in mind that debt and debt-service reductions will not in themselves bring about a reactivation of economic growth. Resources must also be provided for Productive investments, and private creditors nust assume a greater financial role both in debt-reduction agreements and as providers of new money. The developmental challenges facing the least developed countries are of particular concern to my Government. The 42 least developed countries represent 
**Analysis**
The text discusses the importance of reaching the internationally agreed target of 0.7% of gross national product for official development assistance, and Denmark's efforts to increase its development assistance. It also mentions debt problems facing developing countries and the need for debt and debt-service reduction. Additionally, it touches on the importance of providing resources for productive investments and private creditors' role in debt-reduction agreements. These topics suggest that the text is primarily concerned with economic development and international cooperation.

**Category**
Economic development, International trade