political willoftheparticipants togiveeffect:tothepurposes andprinciples of, Likeallthedeveloping coun~ies, Guatemala hasalsobeenaffected bythe current international economic cr:isistowhichreferences havebeenmadebythe personalities anddelegations whohavespokeninthb'JGeneral Assembly. Therecan benodoubtthat,inordertoovercome thissituation, whichseemstobeachronic one,itisindispensable further tostrengthen multilateral co-opel:ation, particularly inthoseareaswhichareinterrelated, suchasfinance, debtand trade. Onlythroughpolitical willonthepartofthedeveloped countries inthis multilateral effortwillwebeabletoreachasolution ofthiscrisis, whichgives risetosomanydiffi(:t11ties andaffects thewell-being ofourpeoples. ForGuatemala thecrisisisacuteindeed. External debt,thedropinthe pricesofourexports, theinvestment retrenchment, theflightofcapital, the progressive erosion oftheexternal valueofourmoney, thenegative growthrate... andunemployment createpolitical andsocialtensions whichthreaten thecurrent process ofdemocratization andendanger thestability andfutureof.mycountry. Hence,Guatemala, inaddition totheinternal efforts whichitismaking,is ~ollowing attentively andtakingpartinthemultilateral initiatives whichare beingtakenforthepurpose offinding viablesolutions totheseproblems. We therefore supporttheCartagenaconsensus toholdamu!tilatef'almeeting.,it.'lt.'le industrialhed countries toeliminate thosefactors whichgiverisetothe monetary, financial andtradecrisiswhichbesetsus. LatinAmerica isconfronting averycomplexcrisisinaveryconfusing world. Tofaceuptothiscrisis wecannotfailtoemphasize theimportance oftheproblem ofexternal debt.Thatiswhytheremustbereasonable negotiations betweenAMH/14 A/40/PV.2l ,59 (Mr.Andrade DiazDuran, Guatemala) debtors andcreditors, whichwouldtakeallfactors intoaccount. Inthis connection~ LatinAmericacallsforapolitical dialogue, because wefeelthatit isnotrighttosacrifice thedevelopment ofitspeoplestoservice thedebtunder suchrigidconditions. Wehopethattheindustrialized nationswilladopta realistic andunderstanding attitude because aLatinAmerica inwhicheconomic problems areoutofcontrolisapoliti~al problem fortherestoftheworld. We therefore repeatourconcernatthis grav~situation, whichisserious alsoforthe entireinternational community. Ishouldlikenowtorefertothestillunsettled question ofBelize. Guatemala inallgoodfaithhasheldinformal exploratory talkswiththeUnited Kingdom withtheparticipation ofrepresentatives ofBelizeinordertofindajust andhOfiourable solution whichwillsatisfy andsafeguard thelegitimate interests andrightsoftheparties involved. Guatemala, ashasbeendoneearlier, reiterates itsfirmwilltocontinue suchnegotiations withanopenmindanda constructive attitude inordertoachieve pointsofagreement whichwillmakeit possible tolaythefoundations foradefinitive settlement. Weareconvinced that asincere dialogue mustbepursued topromote understanding between theparties. Weexpectthatourpositive andrealistic attitude willbereciprocated, andwe expectthattheotherpartywillunequivocally display thepolitical willnecessary forasolution. Nevertheless, theGovernment ofGuatemala wishesonceagainto8t~tethatit reserves itsrightsovertheterritory ofBelizeaslongasthedispute hasnot beenresolved. Consequently, wedonotrecognize 9ithertheindependence of Belize, ortheStateofBelize, oritsalleged seaorlandfrontiers. Wealsowish torepeatthatweintendtopromote andstrengthen economic, socialandculturalAMH/14 AI40/PV.2l 60 (Mr.Andrade DiazDuran, Guatemala) relations withthepeopleofBelizeinordertopromote betterunderstanding'and mutually beneficial co-operation. Inconnection withthequestion oftheMalvinas, wesupport theLatinAmerican position onthisproblem. Wenotethattalksbetween theunitedKingdom andthe Republic ofArgentina havenotledtoanyfinalresultonthedispute between the twoparties. Weagainappealforarenewed dialogue between themincompliance withtheprinciples contained intheCharter oftheunitedNations soastogive effecttoSecurity Council resolution 502(1982). Withregardtothesituation inKampuchea, werepeatthatthepeopleofthe country themselves havetheexclusive rightfreelytodetermine theirdestiny and thattheremustbeanunconditional withdrawal ofallforeign forces,toguarantee thecountry's effective independence, territorial integrity andtheexercise ofits sovereignty. TheGovernment ofGuatemala isgratified bytherenewal oftalksbetween the RedCrossofSouthKoreaandNorthKorea,theeconomic talksseekingbilateral co-operation andcultural, artistic andotherexchanges whichhavebeentaking place. Theseandotherdevelopments willpromote adialogue withaviewtothe
**Analysis**
The text primarily focuses on the economic and financial struggles of Guatemala, specifically its external debt, trade, and investment issues. It also touches on the country's relationships with other nations, including the United Kingdom and Argentina, and its stance on various international issues such as the Malvinas dispute and the situation in Kampuchea. The text does not delve into issues related to natural resources, agriculture, forestry, fishing, health, education, employment, humanitarian aid, culture, or science and technology.

**Category**
Economic development, International trade