benefit as the measures taken would alleviate the Pressure on their own banking sector. It is with particular gratification that I have observed that the idea of utilizing savings from disarmament for the benefit of developing countries is gaining ground. I would also like to note the proposal advanced by WIDER, the United Nations University's World Institute for Development Economics Research, for "interest recycling", that is, the payment of interest due into a local account, the funds from which could then be used bV creditors for investment projects of their choosing in the debtor country. JVM/5 A/S-18/PV. 6 18 (President Vassil iou) Debt-relief measures must be accompanied by stePs to address the issue of raw-material prices., which is intimately linked to the exacerbation of the debt problem in the 1980s, as well as measures to open up markets to developinq countries' products, not only in terms of tariffs but also in terms of quotas and other non-tariff barriers, such as calendar restrictions and rules of oriqin. The successful finalization of the Uruguay Round of multilateral trade neqotiations under the ausPices of the General Agreement on Tariffs and Trade (GATT) is an essential step in this direction. This success can be assured only through the opening of international markets to agricultural products and light industrial goods. Developing countries rrust also be qiven the chance to share the benefits of the technological revolution, which will be vital to future economic development. In today's world the most effective vehicles of technology transfer are the multilateral and other high-technology corporations. To be realistic, we must acknowledqe that such corporations are not likely to invest for abstract reasons; they require tangible incentives if they are to contribute to technology transfer either in the developing countries or in restructuring the East European economies now beginning the process of reconstruction. 
**Analysis**
The text discusses the alleviation of pressure on the banking sector, debt-relief measures, and the need for developing countries to share the benefits of technological advancements and international trade. It also mentions the importance of addressing raw-material prices and opening up markets to developing countries' products. These themes suggest that the text is primarily focused on economic development and international trade.

**Category**
Economic development, International trade