Suggestions have already been made as to how we must proceed if we want to raise the level of international economic relations. Taking advantage of reduced super-Power tensions and the consequent withering away of the strategy of balance of terror, we need to set in notion a rational division of labour that respects the fact that, in todav • s interdependent world, the economic development of each country now depends on a steady growth of its expOrts and of its purchases from foreign countries. Invariably, economic strategies in developed and developing countries need to be seen in the context of complementarity and not conflict, as has hitherto been the case. The bottom line is, of course, that we must be ready RM/25 A/S-18/PV. 6 119-120 (Mr. Mwananshiku, Zambia) to aqree on viable commitments and actions on all levels of economic activity, such as trade, finance, money and qlobal policy formulation. This is no small challenqe, carrvinq with it as it does both risks and opportunities. It is all too easy for us to put ourselves in a peculiar condition of intertia and indecision. It is all too easy for us to assume that nothinq can be done or need be done. But as we proceed to adopt the basic document of the special sessicn l'et us always remember that for about two thirds of the world community the yearninq for a new style of life and a new type of society has never been as intense as it is now. That is why the United Nations riqhtly advises us that develoPment is another word for peace. Let us therefore see that our joint efforts at this session result in a mechanism for avertinq the disaster that would await us in the future if Present policies and practices prevail. BCT/jg A/S-18/PV. 6 121 
**Analysis**
The text discusses the need for a rational division of labor and cooperation between countries to promote economic development, trade, and finance. It emphasizes the importance of international economic relations and the need to overcome conflicts and inertia to achieve sustainable development and peace. The text does not specifically mention natural resources, environment, agriculture, forestry, fishing, health, education, employment, humanitarian aid, culture, or science and technology.

**Category**
International trade, Economic development