in the interest of the stable development of the world economy in general and the economies of the developing countries in particular. Today, as interdependence has increased to an unprecedented level, the industrialized countries cannot develop favourably without helping to assure the stable development of the less develoPed countries and the healthy development of the entire world economy. Development requires that every country take an active part in the international division of labour and the strategy of international openness has become an irrestible trend. However, the developing countries can benefit from the new favourable conditions only if they have a sound development strategy and build their strength through independent development policy, bringing their pOtential into the fullest play. Otherwise interdependence w i 11 be transformed into a one-way dePendence on some industrialized countries. In the light of this approach, we are essentially in agreement with the proposal submitted by the Group of 77 in document A/AC.233/L.3. However, we wish to emphasize the following points: In resolving the questions of finance, monev and tariffs, the industrialized countries must take into account the common interests of the entire international economic environment. In particular thev must fully abide by their commitments to JVM/1 (' A/S-18/PV.8 89-90 (Mr• · Dinh Nho · Liem; ·Viet ·Nam) provide aid, to transfer technology and to put an end to their policy of discrimination, encirclement and blockade, in particular as pursued against developing countries. Such qlobal questions as the foreiqn d!bt, papulation, environment and ecoloqv require global solutions, implying a new responsibility shared by all countries, with the industrialized countries clearly capable of bearing a qreater share. The competent organizations and specialized agencies of the United Nations should give priority to extending assistance to the developing countries. RH/20 A/S-18/PV. 8 91 (Me • · Dinh · Nho · Liem; ·Viet· Nam) The new international environment requires that each country adjust its 
**Analysis**
The text discusses the importance of international cooperation and mutual dependence in achieving economic development, particularly for developing countries. It emphasizes the need for industrialized countries to provide aid, transfer technology, and end discriminatory practices, while also highlighting the need for global solutions to global issues such as foreign debt, population growth, and environmental concerns. The text also touches on the role of international organizations in providing assistance to developing countries.

**Category**
Economic development, International trade