strategy for the 1990s. The Toronto initiative and the Brady plan are steps in the right direction, but the need for new and innovative approaches with wider scope of country coverage and eligibility criteria is clearly evident. Bilateral creditors . should expedite debt relief measures, including outright cancellation of official-development-assistance loans wherever possible. Rescheduling of third JSM/bq A/S-18/PV.lO 19-20 (Mr• ·Min; ·Mfanmarl world debt should be at the most concess ional rates and involve longer pavment Periods. Moreover, no least developed countrv should be denied, for anv reason, the relief afforded by anv debt strategy or facility involvinq support for debt and debt-servicing reduction. Parallel to these measures arranqements for buy-back and conversion schemes should be instituted to reduce commercial debts. In order to minimize their debt-ser vicinq burden in the long term, donors should provide all least developed countries with substantial and non-politicized development assistance in the form rna inly of grants. When grants are not feasible, loans should be extended on the most concess ional terms. In the area of international trade, unilateral ism, bilateralism and Protectionism have been on the rise and are exertinq a neqative impact on the efforts of developing countries to uplift their economies. This unhealthy trend should be hal ted and reversed urgentl v and rePlaced by a more open, credible and equitable multilateral svstem. Commodi tv exports play an important role in the economies of most develoPinq countries. Depressed comnodi tv Prices and worsening terms of trade cons ti tu te major impediments to their efforts to revitalize their economic development. It bears repeating that fair and remunerative Prices of comnodi ties are necessary for those countries to increase their expart earnings allowing much needed imparts for their domestic industries. Enhancement of the existing mechanism and Pronotion of 
**Analysis**
The text primarily focuses on economic development, highlighting issues such as debt relief, trade, and development assistance. The language used is technical and economic in nature, suggesting that the document is discussing policy decisions and strategies for economic growth. The text does not touch on issues related to natural resources, environment, health, education, employment, humanitarian aid, culture, or science and technology.

**Category**
Economic development, International trade