objective should be that of attaininq maximum sustainable hiqh quali tv qrowth while adoptinq POlicies to deal effectively with the most pressinq Problems of the developinq countries. The world needs a qlobal approach to economic, social and environmental problems. This session of the General Assembly holds the key to a new beqinninq. Economic interdependence will qrow, and savinq the environment will climb hiqher on the world aqenda. We need to shed more liqht and sharpen our vision on the state of the qlobal economy, and its probable path of evolution nust brinq all nember countries toqether in a joint and mutually rewardinq qlobal economic effort despite the sharp diversities and disaqreements amonq them. The need for a new development paradiqm is evident for approaches that result in plus-sum qames in which all benefit and no one really loses. The next two days are crucial for the success of the special session. The Committee of the Whole is workinq intensely to reach a consensus outcome of the special session. The spirit of co-operation and the sincere determination for success is more manifest than ever. Mv deleqation encouraqes all qrouPs and deleqations to intensify their work in harmonizinq views on the subject and to forqe a successful declaration, which should be a startinq POint not only for new JVM/28 A/S-18/PV. 6 134-135 (Mr. Economou, Greece) thinkinq, but also as a mean; to secure qlobal consensus on innovative forms of development and international economic co-operation. Mr. AYALA LASSO {Ecuador) (interpretation from Spanish): On behalf of the deleqation of Ecuador, I wish to conqratulate Mr. Garba on his election to the presidency of the General Assembly at its eiqhteenth special session. His proven ability and experience will qreatly facilitate the successful conclusion of our work. RH/29 A/S-18/PV. 6 136 (Mr. Avala Lasso, Ecuador) 
**Analysis**
The text appears to be discussing the importance of global cooperation and the need for a new development paradigm that balances economic, social, and environmental factors. It mentions the need for a global approach to address the most pressing problems of developing countries and the importance of reaching a consensus on innovative forms of development and international economic cooperation.

**Category**
Economic development, International trade