0.15percentforthebenefitoftheleastdeveloped countriesascontained inthe NewSubstantial Programme ofAction. OthermenberStateshavecomeverycloseto that.Iwouldalsorecallthatofthe36leastdeveloped count:" ~es27are developing countries ofAfrica, theCaribbean andthePacific whichlastDecember signedtheThirdLomeConvention. ThisnewConvention, whichtestifies tothewill tostrengthen andbroaden thelinksbetween theEuropean Community and 66developing countries, willmakeitpossible foralargenumberofthepoorest ofNR/gmr A/40/PV,,6 105 (Mr.Poos,LuxelbourQ) thedeveloping coun~ies tobenefit fromprovifJions which,whilekeeping intactthe pt>evious Conventions, contain acertain numbelofinnovations. InthisregardI shouldliketostressthatthenewConvention establishes anewprocess basedon genuine co-operation between thedonorcountry andtherecipient country. Constant dialogue willmakeitpossible toimprove theeffectiveness ofcommunity aid. Furthermore, IwouldrecallthatthenewConvention provides foranincreased volumeoffinancial resources forthedevelopment oftheAfrican, Caribbean and Pacific States. Inconclusion, Iwishtosayafewwordsaboutthetransformation ofthe unitedNations Industrial Development Organization (UKIDO) intoaspecialized agencyoftheUnitedNations" Thisisanimportant eventinthehistory of international economic co-operation. Weexpect agreatdealfromthisnew organization. WearesurethatthenewURIDOwillbenefit fromtheexperience of otherspecialized agencies andwillproduce aprogramme andworking methods which willenableittocarryoutsuccessfully ltsmission oftechnical assistance inthe fieldofindustrial co-operation, particularly forthebenefit ofthepoorest countries. ,•AP/at-------- -~-~------------------., A/40/PV.6 106 (Hr.Poos,Luxembourg) AsIhavealready hadoccasion tootate,theeconomic horizon isclearing, but thereIffJ_inS ani.-nse alllOunttobedonebeforewecanensurethehealthy, lasting growthofo~economies andtoccmtinue andgiveane"momentWll tothe process ofdevelopent. Thistaskistheresponsibility ofusallandweshall succeed initonlybydialogue andco-operation. TheE'.aropean Community, whichis shortly tobftenriched bythe-addition oftwonewmembers, SpainandPortugal, will shoulder itsshareofthatresponsibility. Weappaaltoallourpartners inthe NorthandtheSouthtojoinintheseefforts. Thefortieth anniversary oftheUnitedNations, whichwearecelebrating this yea~,isnottheendofajourney. Thisanniversary should, rather, serveasa pointofdeparture. TOgether wemustlooktowords thefutureandredouble our efforts totranslate intoreality theprinciples oftheCharter andthesentiments exprt"3sed fromthisrostrum. Onlyinthiswayandbyperseverance canweenable .-theUnitedNations toassureallmankind ofabetterfuture. Themeeting roseat1.40p.m. , It•
**Analysis**
The text appears to be a speech or statement about international economic cooperation and development, specifically focusing on the benefits of the Third Lome Convention and the transformation of UNIDO into a specialized agency. The speaker mentions the need for dialogue and cooperation to ensure the healthy and lasting growth of economies, particularly for the benefit of the poorest countries.

**Category**
Economic development, International trade