broader bases for identifying the interests of all qroups of States and achieving a comprehensive consensus in that reqard. Fourthly, we must brinq about tangible improvements in the international economic system, in particular a correction of the major imbalances that exist among the industrialized countries, on the one hand, and, on the other hand, the imbalances that exist between them and other parts of the world, together with an encouragement of non-inflationary, accelerated qrowth policies. Relevant to creating a favourable international economic environment is another subject of extreme importance for the developinq countries, namely, that the interdependence of economic an:i political issues in our contemPorary world qives sufficient grounds for fearing that most international economic assistance and resources would be directed towards the zone of current chanqes in Europe and that attempts would be made to solve their problems in parallel with a1 erosion of interest in the severe economic problems of the developing countries, or even ignoring them altogether. The new international atmosphere of detente and the resultant decrease in the military expenditures of the developed countries opens Rt-\/2 A/S-18/PV. 6 4-5 (Mr. Al-Zahawie, Iraq) great opportunities for the industrialized nations to allocate part of the newly available resources to assisting European countries, while still helping the developing countries. Fifthly, revitalization of the North-South dialogue has become a matter of great urgency in assisting the developing countries to overcome their problems and give momentum to their development process. Such resumption of the dialogue would represent an effective contributioo to the attemPts to tackle interna tiona! economic problems. However, that would require, first and foremost, political will on the part of the developed countries and recognition that the establishment of a just economic order would secure the mutual interests of all and enhance peace and stability, although it might, at the same time, require some economic sacrifices. 
**Analysis**
The text primarily focuses on the international economic system, highlighting the need for a comprehensive consensus among states, addressing imbalances, and promoting non-inflationary growth policies. It also touches on the importance of North-South dialogue and the allocation of resources to developing countries. These themes suggest that the text is more concerned with economic development and international trade.

**Category**
Economic development, International trade