the success of political detente between East and West in the absence of economic detente between North aoo South. RM/23 A/S-18/PV.2 106 (Mr. Moussa, Eqypt) In conclusion, I should like to mention that mankind by reducinq its expenditure on armament can channel the financial resources thus released into increased expenditure for development. That will affect the whole of the international community, qiven that everyone shall make a contribution accordinq to his means, enhance co-operation and, in the final analysis, accelerate the qrowth and development of developing countries. For its part, Eqypt has requested that the Middle East be made a reqion free from all weapons of destruction, under effective supervision. Genuine implementation of that proposal would release the resources sufficient to ensure development and raise the 1 ivinq standards. of the req ion• s peoples. The opportunity must be seized, and I am convinced that we can succeed in so doinq. We would be turninq a new paqe in international relations, and in that process the Organization, given its ability to assimilate the experience of past decades, would play a leadinq role in achievinq and strenqtheninq those objectives. Mr. VELAYATI (Islamic RePUblic of Iran) (spoke in Farsis Enqlish text furnished by the deleqation): At the outset I wish to conqratulate the President on his election to quide the eiqhteenth special session of the General Assembly, devoted to international economic co-operation, in particular the revitalization of economic growth and development of the developing countries. I wish him and his ) colleagues every success in fulfillinq their crucial responsibilities. Moreover, ~ my delegation is pleased to see the admission of the Republic of Namibia as the 160th Member of the United Nations. The objective of the initiators of the special session has been to make it an opportunity to realize a turninq-point in the economic crisis faced by the 
**Analysis**
The text discusses the idea of redirecting financial resources from armament to development, with a focus on the economic growth and development of developing countries. It also mentions the importance of international cooperation and the role of the United Nations in achieving these objectives. The text does not specifically mention natural resources, environment, agriculture, forestry, fishing, health, education, employment, humanitarian aid, or culture.

**Category**
Economic development, International trade