development should be a matter of concern for the entire world community. The time has come for high-level consideration of this issue. We welcome last year's General Assembly decision to convene an international conference on the relationship between disarmament and development. Negotiated reductions of military expenditure have not been tried as a means to stop the arms race. They would make it possible to reallocate resources to economic and social development, particularly for developing countries. The United Nations reporting system may be a useful starting point for negotiations on reductions of military expenditure. Two groups of experts have explored methods of comparison. Their conclusion is that the problems of comparison are possible to solve in the context of future negotiations. All States interested in agreements to reduce military expenditures should acknowledge that an exchange of data would be required. The scope and nature of such data would, however, have to be agreed upon in the course of their negotiations. The principal aim of the Conference on Confidence and Security Building Measures and Disarmament in Europe, which started in Stockholm last year, is to reduce the danger of military confrontation in Europe. This ,is an urgent task, since no other continent contains such large military forces and means of destruction. The negotiations in Stockholm should reach their conclusion in the form of an agreement well in time for the next follow-up meeting within the process of the Conference on Security and Co-operation in Europe. If this is achieved the Stockholm Conference can rightly be said to have made an important contribution to peace and stability in Europe. It is our sincere hope that the Conference will soon be able to proceed to concrete disarmament negotiations. JSM/gmr A/C.l/40/PV.4 14 (Mrs. Theorin, Sweden) In conclusion, let me quote a young swedish girl who said: 
**Analysis**
The text discusses the relationship between disarmament and development, highlighting the need to reallocate resources from military expenditure to economic and social development, particularly for developing countries. It also mentions the Stockholm Conference on Confidence and Security Building Measures and Disarmament in Europe, which aims to reduce the danger of military confrontation. These themes suggest that the text is primarily focused on the intersection of security and development.

**Category**
Economic development, International trade, Humanitarian aid and relief