between theviewsofthemterested parties,Interms theestablishment ofanewmternatlOnal economic ofboththeobjectives ofthedi~os.ue and!~eorder. identificat~on of'Yay~andmeans.ItISI~thatsplnt 54MrWANGBaoliu(China)(interpretation fromthatweWillpersiStInoureffortstobnngabouta ..' .fif11I . hgreaterconvergence ofviewsonabasisthatmakesitChmese): ~r..PreSIdent, IfSt0a.WISto~xpress. . . d thourappreCIation toyouforyoureffortsdunngthe pos~lble toachleye neg~tlate agreem~nts atepastyearonthisitem.Sincetheadoption ofresolu- vanouslevelsofmternatlOnal. co-opera!lon. tion341138bytheGeneralAssembly onthebasisof 49.TheEuropean CommuDlty andItSmember consensus sixyearshavepassed.Inspiteofthe Statesconsider theobjective oflaunching global positive a~dconstructive effortsmadebytheGroup negotiations inthelightofthatoverallconceptoftheof77andanumberofdelegations, thelaunching of North-South dialogue. globalnegotiations hasbeendelayedyearafteryear. SO.ThePRESIDENT: Icallontherepresentative Consultations conducted sinceApril thi~:yearhave oftheUkrainian SovietSocialist Republic, whowillnotyieldedanyconcrete result.Peoplecannotbut speakonbehalfoftheEasternEuropean States. feelregret.SS.1 econ() econ() ingly tiatioJ econ() tional econ() ingcc 56.. Meml conce toglc 34/13 diffic1 ways suppc draft Assen 57.c thew4 make econ() lar,tl1 eratio nessc overa adopt facilit global 58.J Mr.I liket4 Govel great consic achie1 agend andc contiJ ObSl 59.. item, 1984 thea! May: defer draft Itl Q 60.. 21Se thisil meeti theit, under consic--Resl08thmeedDI-16 Septembee 1985 1971 AGENDA ITEM44AGENDA ITEM43 AGENDA ITEM140Implementation oftheresolutions ofthe UnitedNations(colICl"tkd)* Consequences oftheprolongation ofthearmed conOidbetweenIranandIraq(colIClutkd)*61.ThePRESIDENT: Inconnection withthis item,Ihavereceivedaletterfromtherepresentative ofCyprusrequesting thattheitembeincluded inthe draftagendaofthefortiethsession.IfIhearno objection, Ishalltakeitthatitisthewishofthe GeneralAssembly toincludetheiteminthedraft agendaofthefortiethsession? Itwassodecided(decision 39/465). 62.ThePRESIDENT: TheAssembly decidedon21 September 1984[3rdmeeting] toincludethisitemin theagendaofthethirty-ninth session. Itismy understanding thatitwouldbedesirable todefer consideration ofthisitemtothefortiethsessionof theGeneral Assembly. MayItakeitthatitisthe wishoftheAssembly todeferconsideration ofthe itemandtoincludeitinthedraftagendaofthe fortiethsession? Itwassodecided(decision 39/466).55.Inrecentyears,thestructural flawsoftheworld theGeneral Assembly. MayItakeitthatitisthe economy andtheharmtheyhavedonetothewishoftheAssembly todeferconsideration ofthe economies ofthedeveloping countries haveincreas- itemandtoincludeiti~,thedraftagendaofthe inglydemonstrated theneedtoconductglobalnego- fortiethsession? tiations ~o.astodealcomJ?rehensively withth~global Itwassodecided(decision 39/464).economic Issues,toestabbsh anewsystemofinterna- tionaleconomic relations andtorevitalize theworld economy, inparticular theeconomies ofthedevelop­ ingcountries. 56.Therefore itiscorrectforyoutoremindall Member Statesofthecontinuing validityofthe conceptofthecommitment bytheGeneralAssembly toglobalnegotiations asembodied inresolution 34/138.Although ourpathmaybearduous and difficult, weshouldnotgiveupoureffortstoseek waysandmeanstolaunchglobal ne~otiations. We supportyourproposal toincludethiSiteminthe draftagendaofthefortiethsessionoftheGeneral Assembly. 57.Chinawillcontinue toparticipate actively in theworkonthisitem.Itisourhopethatallsideswill makefurthereffortsandstrengthen international economic co-operation fordevelopment. Inparticu­ lar,thepartiesconcerned shouldgiveseriousconsid­ erationtotherealityofincreasing theinterrelated­ nessoftheeconomies ofvariouscountries andtothe overallinterestoftheinternational community alld adoptaflexibleandconstructive attitude soasto facilitate anearlyagreement onthelaunching of globalnegotiations. 58.Mr.IMMERMAN (UnitedStatesofAmerica): Mr.President, theUnitedStatesdelegation would liketothankyouforyoureffortsinthisarea.The Government oftheUnitedStates,together witha greatmanyothersrepresented here,hasdevoted a considerable amountoftimeandeffortattempting to achieveagreement onthemattersubsumed under agendaitem38.Wewillmaintain ourconstructive andco-operative interestinthisitemandwewill continue toplayafullandactiveroleinthisprocess. AGENDA ITEM41 Observance ofthequincentenary ofthediscovery ofAmerica (colICludtd)* 59.ThePRESIDENT: Inconnection withthis item,representatives willrecallthaton21September 1984theAssembly decided <'0includethisitemin theagendaofthethirty-ninth session[3rdmeeting].
**Analysis**
The text appears to be discussing international economic relations, cooperation, and negotiations, with a focus on achieving a new system of international economic relations and revitalizing the world economy. The language used is formal and diplomatic, indicating that it is a discussion between representatives of various countries at the United Nations General Assembly.

**Category**
Economic development, International trade