Whileitisnotadmissible forEcuador tohaveanyintentofdeclaring a unilateral moratorium, andstilllesstocreatedebtororganizations directed to thatend,Ecuador wishestomakecleartotheGovelrnments ofthecreditor countries, withcomplete frankness, th~seriousness oftheLatinAmerican crisis.AW/gllr A/40/PV .•ll 17(Mr.Teran.Ecuador) •Thecontribution ofthewod.dPc.'Werstothedeveloping countries mustbe intensified.. Multilateral devslr~eDt projects needtobeextended andincreased. Itisessential thatboththedonorcountries. andtherecipient countries should beclearly awareofthefactthatcapital inflOt.j..s. thetransfer oftechnology, and theoPenin9 ofcredits andurkets h-l'the.ostdeveloped countries. areall essential inordertoproBOte theeconomic develqaent andensurethesocialpeace ofthedevelCiping countries. Withrespect totheCentral American crisisandtheContadora Group. Iwishto saythattheserious breachofthepeacewhichafflicts theCentral American region isofcontinuing concern totheGoverrment"of Ecliador. Nothing thathappens onour continent. muchlesssomething sodistressing. canfailtobeofconcern to Ecuadorians. TheGovernJaent ofEcuador considers thattheenjoyment oftrue democracy inCentral America isasinequanonfortherestoration ofpeace.It hcsstherefore welcomed suchelectoral processes asthosewhichtookplacein' Elsalvador lastMarchandthoseabouttotakeplacenextNovember inGuatemala. Moreover. itconsiders thatthedisarmament oftheregionisanecessity, sincethe imbalance offorcesbetween Statesnormally carries withitcontinuimg threats to peaceandconstant breaches ofthepeace• Inthesamespirit. Ecuador hanindicated thatthetiehascometoresumethe theconversations between theGovernment ofElsalvador andtherebelforces. and ithasgivenitsapproval tothepropoaal byPresident RonaldReagantoencourage a dialogue between theSandinista Government anditsoPPonents. Ingeneral, Ecuador believes thatdisputes between Statesmustberesolved by peaceful mear-c;. Rational understanding, &.ndnotarmedconfrontation, isthewayto solvedifferences. Ccmsequently. theeffo,,;ts oftb,eContadora Grouparehighly praiseworthy. Notonlythatmeansofdealing withtheproblem, butallthose provided forunderinternational lawcanbe,andwehopewillbe,attempted in ordertorestore harmony inthatafflicted I'egion. TothisendEcuador lookswithAW/gmr-----------------------------....., A/40/PV.ll 18-20 (Hr.Teran,Ecuador) hopetotheblossoming ofthebasicingredient ofpeace,goodwill, thatmakesit possible tosoftenintractable intentions andovercome insurmountable obstacles. Withrespect ~ourworkinthefuture, theEcuadorian delegation wishesto stress, asitdidlastyear,thattheworkoftheGeneral Assembly shouldfocuson specific actions whichmaymakeitpossible toachieve practical results, andseek ~ovealleveryopportunity forunderstanding andpointsofagreement, ratherthan further deepening thedifferences, whicn, byincreasing tension, orexcesses, haupertheworkoftheAssembly. TheactionofStates andoftheUnitedNations mustbebasedontheadoption ofincreasingly positive goals. Wemustmoveawayfromloftyrhetoric and concentrate onamodestbutattainable objective. Wemustabandon theprogcessive dialectics ofinsult andinsteadstress commonvalues. Wemustforeswear the primitive simplicity offighting andmakeanactoffaithintheeffortof establishing brotherhood. Inotherwords, wemustseekharmony: thatofmanwith nature, thatofpeoples anongthemselves, andthatbetween nationandnation. The resultofsuchanattitudewillbeprogressandpeace. Letushopethatinthelastyearsofthiscentury wemaybeabletowitness thefacttheseidealshavebecomeanobjectivesharedbyallthepeoples ofthe earth.NR/dw A/40/PV.ll 21 Mr.GRATZ(Austria): Icongratulate you,Sir,onyourelection tothe presidency oftheGeneral Assembly. Austria entertains cordial relations andhas developed closeco-operation withyourcountry. Yourwideexperience intheUnited Nations specially qualifies youtoguidethisAssembly initsdeliberations. Pleaseacceptourbestwishesfortheaccouplishment ofthedifficult taskthat lIesaheadofyou. MayIalsoexpress mythankstotheoutgoing President, Mr.PaulLusaka, who soablyfulfilled hisroleonbehalfoftheAssembly. HisvisitstoAustria during histenurewerehighlyappreciated. Ishouldlikealsotoexpress oursincere gratitude totheSecretary-General ofourOrganization forhisefforts topromote peaceandco-operation andto improve theimageandenhance theeffectiveness oftheUnitedNations.* Attheoutset, onbehalfoftheAustrian Government, Iwishtoconveyour
**Analysis**
The text appears to be a speech by the President of Ecuador, addressing the United Nations General Assembly. The speech focuses on the importance of multilateral development projects, peaceful resolution of conflicts, and the need for international cooperation. The speaker also expresses concerns about the Latin American crisis and the need for disarmament in the region.

**Category**
Economic development, International trade, Humanitarian aid and relief