providinq regional monetary stability in an increasingly multipolar world. A/S-18/PV.2 10 (Mr. Collins, Ireland) An open nultilateral trading system, as well as resistance to and rolling back protectionism everywhere, are essential conditions for sustainable growth and develoment in all countries. We pledge our determination to work to achieve a successful, balanced and comprehensive outcome to the Uruquay Round, which also takes account of the special needs of the least developed countries. . ' JVM/4 A/S-18/PV.2 11 (Mr. Collins, Ireland) The Round must be utilized as a unique opportunity.to achieve, through nutual concessions by both industrialized and developinq countries, a strengthening of the international trading system as well as major trade liberalization on the eve of the Fourth Development Decade. For our part we are encouraged by the significant increases in recent year's in the exports of developing countries. We also believe that for the developing countries the establishment of the internal market within the Community presents both opportunities and challenges. The single market will create increased demand for a range of products from the developing world. The successful restructuring of the economies of the countries of Central and Eastern Europe would, over time, also provide valuable economic opportunities for the developing countries. Successful r~structurinq would in addition allow these countries to increase their contribution to the development efforts of the developing countries. As I have mentioned, many developing countries have already realized the need to remodel their economies if they are not to be left further behind in the global economy. Increasing attention is being given to opportunities to improve economic performance at the regional and subregional levels. Such arrangements could help to make the best use of scarce infrastructure and other factors crucial for economic growth. In addition, many have undertaken stringent structural adjustment 
**Analysis**
The text discusses the importance of regional monetary stability, open multilateral trading systems, and trade liberalization in achieving sustainable growth and development. It also touches on the challenges and opportunities presented by the establishment of the internal market within the Community and the restructuring of economies in Central and Eastern Europe. These themes suggest that the text is primarily focused on economic development and international trade.

**Category**
International trade, Economic development