provide a powerful impetus to our strenuous past and current efforts to adhere to development that is economically, socially and environmentallY sustainable. Mr. ISHJ:EKOV (Bulgaria): First of all, I would like to extend our sincere congratulations to the President and to congratulate the delegation of Namibia upon the oountry's accession to membership of the United Nations communitv. The changes taking place in the world on the eve of the twenty-first century are unprecedented in their depth and dynamics. The processes of democratization in the Eastern European States, including my country, have given a notable imPetus in that direction. In the sphere of international economic relations the new trends are reflected in the qrowing interdependence of States and reg ions. The overcoming of such global problems as those related to ecology, the demographic situation, malnutrition and poverty are of paramount importance for the survival of mankind. At the same time, the world economy entered in the 1980s upan a new stage in which technological renovation, resource-saving growth and flexibili tv in adapting to market changes are becoming decisive for successful economic development. However, that process is accompanied by painful structural chanC!es in national economies, Particularly those of the developing countries. Increasing competition, continuing protectionist trends and disproportions in international trade and financial relations are resulting in further deterioration of the economic situation of the developing countries and of other States which are at similar levels of economic dev el OPmen t, such as 111\7 country • RM/9 A/S-18/PV. 8 37 (Mr. Ishpekov, Bulgaria) The task of identifying common aPProaches to the most Pressing problems on the basis of balance of interests at the global, regional and national levels is gaining prominence. The elaboration of multilateral agreements and measures aimed at ensuring economic security for all States is a vital condition for overcoming the current problems. 
**Analysis**
The text appears to be discussing the current state of international relations and the challenges faced by countries in achieving sustainable development, with a focus on economic, social, and environmental aspects. It mentions global problems such as poverty, malnutrition, and ecological issues, as well as the need for technological renovation, resource-saving growth, and flexibility in adapting to market changes. The speaker also highlights the importance of multilateral agreements and measures aimed at ensuring economic security for all States.

**Category**
Economic development, International trade, Natural resources and environment