L2. The basic provisions of the charter of Economic Rights and Duties of Statesand the Declaration and Programme of Action on the Establishment of a Newrnternational Economic order should be the guidelines for the progressivedevelopment of norms which are directly derived fron the basic principles ofinternational law in their entirety with regard to international economicrelations- Those documents drawn up by states in a collective effort alreadyreflect a high degree of agreement in tbe will of the great rnajority of statesconcerning the essential aspects of restructuring international econonic relationsbetween all states on an equitable and democratic basis, and the establishment of anew international econonic order. 13. The realization of those d@unents as binding under international law,especially of their basic provisions, would be an important contribution to thedemocratization of international econonic relations. L4- The Gernan Democratic Republic confirms its readiness to continue to make itscontritrution to the restructuring of international economic relations on aneguitable and denocratic basis, including the establishment of the necessaryfoundations of international law. In this context, it wishes to draw attention tothe Programme of Action drawn up bv the nembers of the Council for Mutual EcononicAssistance (CtvlEA) anong them the German Democratic Republic, at their economiesummit in June 1984 for the irnprovement of international econonic relations, forensuring economic security and establishing trust in this extrenely siqnificantarea of intergovernmental relations (see A/3g/323). Its implenentation which wouldbe greatly enhanced bry an agreenent on tbe relevant rights and duties underinternational law could effectively promote this process of establishilnq a newinternational eeononic order. 15- Bearing in mind the universal inportance of the restructuring of internationaleconomic relations and tbe great responsibility borne by all States, the GernanDemocratic Republic thinks it necessary that the work on this agenda iten of theGeneral Assemby should be continued. This is the only way that the legitimateinterests of all groups of, states will be considered - an indispensabreprerequisite for the establishnent of universal international law.
**Analysis**
The text appears to be discussing the restructuring of international economic relations, the establishment of a new international economic order, and the democratization of international economic relations. It mentions specific documents and agreements, such as the Charter of Economic Rights and Duties of States and the Programme of Action on the Establishment of a New International Economic Order. The text also emphasizes the importance of considering the legitimate interests of all states and groups of states. Based on these points, it seems that the text is primarily concerned with international economic issues.

**Category**
International trade, Economic development