muchlessthecapital involved.JVM/l5 A/40/PV.l7 57 (Mr.Baldivar, Paraguay) Theproblemoftheforeign debtisnolongeranpurelyeconomic question that canberesolved through normalbanking channels ororganizations linkedtothe developmeht ofourcourttries. itinvolves faetorsofapolitical anasocialnature thatrequire theactiveparticipatiQn oftheunitedNations inorderthatthe rescheduling ofthedebtcanbeaccomplished without infringing therightsofthe developing countries orretarding theireconomic andsocialdevelopment process. Westressthis,because theGovernment ofParaguay hastakenstepstoensurethat ourforeign debtiscontrollable anddoesnotbecomeaburdenonournational economy. I Thetariffandnon-tariff barriers setupbytheindustrialized countries to exports fromcountries producing rawmaterials remainanobstacle totherightof thelessdeveloped countries togroweconomically andthusraisethestandard of liVingoftheirpeoples. Thisapplies totheLatinAmerican countries whichexportagricultural products. Giventhecommoninterests ofthehighlyindustrialized andthe developing countries inthefaceofworldproblems, greater understanding ofthis problemisneededtoensurenormal, unimpeded tradebasedonajustdistribution amongnations andintheinterest ofthewell-being ofthepeoples ofthe developing nations, whichmakeuptheimmense majority ofmankind. Ineednotstressthedramatic deteriQration inthetermsoftradebetweeen theco~ntries thatproduce rawmaterials andtheindustrialized countries. While thelatterincrease thepricesoftheirfinished goodswhichareessential tothe developing countries, thevalueofrawmaterials decreases, creating abalance-of- payments deficit, whichisasignofinjustice andpooreconomic distribution. Experts ontheseissueshavereaffirmed thejusticeofthecauseofthe countries thatproduce rawmaterials. Theirconclusions areunassailable and irrefutable. Thosecountries havetosendevergreaterquantities ofunprocessedJVM/15 A/40/PV.17 58-60 (Mr.Saldivar, Paraguay) goodstothemajorpurchasing countries inordertoacquire theproducts theyneed, andtodosoatan,intolerable ratethataffecttheveryexistence ofmillions of humanbeings. Paraguay expresses itsappreciation totheUnitedNations Developnent programme foritsco-operation inthevarious development programmes undertaken in ourcountry underitsauspices. Nonetheless,weregretthatineachcyclethe indicative figures decrease andforthatreasonopportunities tocarryoutnew development programme~ areblocked. Thesolution isfortheindustrialized countries tocontribute moregenerously tothefundsoftheUnitedNations Development Programme. Experts haveestimated thathorizontal co-operation amongthedeveloping countries isthebestsolution totheproblem oftechnical assistance. Thismeans thatnational experts orexperts fromrelatively lessdeveloped countries canwork intechnical assistance programmes. However, thissystefacesthesameproblem as wehavejustmentioned inconnection withtheUnitedNations Developnent Programme, namely, thelackofadequate financing tocreatefluidity. Logically, that financing shouldcomefromthehighlyindustrialized countries. Financial support forthatprogramme wouldhelpachieve thefigures required bytheUnitedNations Development Programme inpresent circumstances. TheGovernment ofParaguay welcomes theConvention ontheLawoftheSeaasa victory forallmankind. Wearepleased that that Convention isbeingsupported by moreStatesandwehopeandtrustthatitsprovisions willalwaysbenefit the less-developed land-locked countries. Inordertoresolve theproblem ofitsunjustland-locked situation, Paraguay hasfromtheoutsetofitsindependent existence wagedastruggle forthefree navigation ofinternational riversonthebasisofaccepted principles of international lawandnormsandtheneedoftheland-locked countries to communicate andcarryontheirtradefreefromundueobstacles.AMH/16 A/40/PV.17 61 (Mr.8aldivar, Paraguay) TheGovernment oftheaepublic ofParaguay ismostpleased withtheefficient workbeingdonebytheInternational LawCommission inexpanding codification of allthepractices andusesofinternational law.Inthisfieldanything thatcan servetopromote thecodification ofinternational lawisaneffective contribution tothefreeplayofinternational relations inanorderly, justandegalitarian world. Thereisascourgeafflicting mankind inallpartsoftheworld.Itendangers dailylifeandleavesnooneexemptfromfear.Iamreferring toterrorism and violence, whichhavewritten themostpainful pagesofthehistory ofourday.The
**Analysis**
This text appears to be a speech or statement from the government of Paraguay, addressing the issues of foreign debt, trade, and economic development. The speaker highlights the challenges faced by developing countries, particularly those producing raw materials, in their dealings with industrialized nations. The text also touches on the importance of international cooperation, technical assistance, and the need for a just and equitable distribution of resources.

**Category**
Economic development, International trade