measures, we must stress the importance of the voluntary exchange of information on military budgets which takes place annually in the framework of the United Nations, and we think and propose that it would also be useful to exchange information on armed forces structures on a world-wide and voluntary basis, so that their purely defensive character can be evaluated. The universal forum of the United Nations is a suitable one for the negotiation and implementation of these universal confidence-building measures. That is the vocation of this international organization, and we endorse its work. I have left until the end of my address any mention of the serious problem of chemical weapons. I have pointed out in various international forums, and I wish to reaffirm here, that Spain gives absolute priority to the search for a solution that will make possible the world-wide eradication of these particularly hateful weapons . Spain does not produce such weapons , CD/PV.548 10 (Mr. Fernandez Ordonez. Spain) Spain does not possess such weapons, and we consider it a matter of the greatest urgency to conclude the multilateral convention to ban their production, development, use or storage. Spain is aware of the difficulties involved in verification, but this difficulty should not serve as an excuse to delay a universal agreement. On the contrary, it should be an incentive so that all States make the necessary efforts. This urgency is underscored by the recent use of this kind of weapon in certain conflicts, and I would like to add in talking about verification that the intrusive nature of the verification machinery that will have to be incorporated into the convention should in no way be perceived by the chemical industries or by certain countries as institutionalizing interference in matters of industrial secrecy or interference in the development of chemical industry for peaceful or 
**Analysis**
The text discusses international cooperation and disarmament, specifically the exchange of information on military budgets and armed forces structures, as well as the eradication of chemical weapons. It highlights the importance of universal agreements and verification mechanisms to achieve these goals. The text does not mention economic development, natural resources, or environmental issues, but rather focuses on international relations and disarmament.

**Category**
International relations, Defense