parties to Lhe conflict, which could lead to the conclusion of an early agreement reqsrdinq the necessary framework for a just and permanent settlement of the problem. This would guarantee for the island of Cyprus its independence, security, territorial integrity and non-alignment, a5 well as the legitimate rights of the two communities there. The issues of economic and social developmeflt are as important as the world’s political problems. Despite the fact that much has been accomplished in the areas Jvw17 (p. Al-Nuamf, United Arab Emirates) of atstmmirt devu&opmnt and teohnologics~ progress, there are 8arPouu probleadl that the world continuea to Lace. The experience of the past 40 years has proved that the basic prcbletra, intrineic to the nature 0% the existing economic ordm, lieu in the fact that blind market forcesr deepen the inequfty of oppottunitieo and the unfaitnesa of economhc rclatiunships which wre orfglnalfy unequal among the particfpmto tn that established order. Under the prevailing syattm, thy trenmdws progress in. technologicerl capabilities has Ied to imcrenoing impediment8 to economic developaent instead of lessening its burden. The world BevePowmt process, instead of leading to an imxsase in the growth ratee and bqxovement in living standards, is presenting the developing countries with a frightening decline in their levele of growth ant! oeandands of living. Puethermxe, the developing countries are confronted with keaunting external debts, uhf& have reached dangerous levels at a time when their term8 of trade are worsening , their export earnings are decreasing and their national revenues are being ercxled a8 a result of the increasing inflation and the fluctuating rates of exchange. Consequently the capacity of the developing countries to cope with the eoete of develc-qment, whether WXMKM~C, accial or po¶lticeP, is declining rapidly while those co8ts are steadily increasing. This rrituatlon Is occurring in an atumephere of an incteaeing Pack of 
**Analysis**
The text discusses the challenges faced by developing countries in achieving economic development, highlighting the issues of inequality, external debts, and fluctuating exchange rates. It also touches on the need for a just and permanent settlement of the Cyprus conflict. These themes suggest that the text is more focused on economic development and international relations.

**Category**
Economic development, International trade