shortnoticetoconsider anydecisions oragreements thatmightemergefromtheconsultations" [107th meeting, para.9].Regrettably, nosubstantive pro­ gresshasemerged sincethattimetoallowthe launching ofglobalnegotiations bytheGeneral Assembly. 31.Asr,:lg"."Jellasmypredecessors, havestatedon variousoccasions, theconceptofglobalnegotiations, asinitiated inAssembly resolution 34/138andasit hasevolved subsequently inthelastfewyears, continues tobevalid.ItisintheinterestofallStates toconcerttheireffortsinpromoting international co­ operation foreconomic development, oneofthe essential prerequisites forthemaintenance ofinter­ national peaceandsecurity. 32.Inmylaststatement, Iwenttotheextentof suggesting that"itwouldbeanabrogation ofArticle 1,paragraphs 3and4,oftheCharter, especially duringthisyearofthefortiethanniversary-a time forrecommitment-if weweretoabandon thesearch fortheconsensus required tolaunchtheglobal negotiations" [ibid.,para.8].Thisremainsmycon­ victiontoday,andIbelievethateffortsshould continue tobemadetoach.ievethiscommon objec­ tiveofours. 33.Onthecourseofactiontobefollowed bythe GeneralAssembly attheclosureofthissession,I wouldpropose, onthebasisofinformal consulta­ tions,thattheAssembly includeinthedraftagenda ofitsfortiethsessiontheitementitled"Launching of globalnegotiations oninternational economic co­ operation fordevelopment". Ifthereisnoobjection, itwillbesodecided. Itwassodecided(decision 39/454C). 34.ThePRESIDENT: Iwishonceagaintoaddress apleatoallMember Statesseriously totakestockof thecurrentsituation andtorenewtheireffortsand commitment toco-operate inaspiritofmutual understanding andflexibility, andintheinterestof theinternational community asawhole,inuur common pursuitofsolutions totheeconomic prob­ lemswhichconfront allofustoday. 35.Inowcallontherepresentative ofEgypt,who willspeakonbehalfoftheGroupof77. ·Resumed fromtheIOSthmeeting.36.Mr.KHALIL (Egypt):Onemoresessionofthe GeneralAssembly isdrawingtoaclos~withnothing toshowonaveryimportant issue,namelythe launching ofglobalnegotiations oninternational co­ operation fordevelopment. 37.Forit.spart,theGroupof77has,Ihopeitwill beconcede(\, sparednoefforttocreateconditions in whichtheit't:ernational community couldfindways andmeanstoreactivate thestalledNorth-South dialogue. Unfortunately, theseeffortstoobtaina favourable response toglobalnegotiations fromour partners tothenorthcontinue tomeetwitha deafening silence. 38.Somequarters maywishtoseetheconceptof globalnegotiations abandoned. Allowmetostress thatthesevoicesdonotdeterus,forweinthe developing worldbelievethattheconceptofg1o~al negotiations basically reflectsasincerecallforinter­ national co-operation. Interdependence isareality, andhencewecontinue toupholdmultilateralism and torejectareturntonarrownationalistic approaches withtheir neg~tiveconsequences forthemternation­ aleconomic systemasawhole. 39.Itwastheinequity andinadequacy ofthe presentinternational economic systeminthefirst placethatprompted theGroupof77toinitiatethe ideaofglobalnegotiations, anditisthecriseswhich clearlycontinue toplaguetheworldeconomv th&t demonstrate thecontinuing validityofthatideain bringing aboutanl"'1erlyrestructuring ofinterna­ tionaleconomic relad\Jns. 40.TheGroupof77hasconsistently reatrrrmed its fullcommitment toglobalnegotiations inaccordance withGeneralAssembly resolution 34/138,andwe havemaintained aflexibleapproach inourendeav­ ourstobringaboutanearlylaunching ofthose negotiations. Wecontinue tobelievethatifthal-spirit istobegenuinely reciprocated byourpartners, any approach tothesubjectfromanarrowperspective of short-term lossandbenefitshouldbediscarded, fOlit negatesthefactofinterdependence andignoresthe realitiesofthepresentworldeconomy.· 41.Thatiswhywebelievethatlastingsolutions to theinherent structural imbalances besetting the worldeconomy willbeattained onlythrough a processofconstructive dialogue thatrecognizes the globalcharacter oftheproblems involved. That approach iscertainly betterthanthesectorally com­ partmentalized approach thathascharacterized past efforts,whicharestilldeadlocked. Thatfactinitself provides furtherproofofthecontinuing relevance of theglobalnegotiations. Thatconcept, asiswell known,ispredicated upontheneedforanintegrated andsimultaneous approach thataddresses thefull rangeofissuesinthemajorspheresofinternational economic relations intermsoftheirinterrelation­ ship.Webelievethatthatbasicconcept bears repetition. Itisourconsidered opinion thatthat concept, whichdrawsit&supportfromtheprinciples ofmutualbenefit,solidarity andinterdependence, offersacoherent response tothegrowingcomplexity ofinternational economic relations. 42.Atthecloseofthethirty-ninth session,weinthe Groupof77wishtoexpressanewourdeepconcern that11yearsaftertheunanimous adoption bythe '}~neral Assembly ofresolutions 3201(S-VI)and ::202(S-VI)ontheDeclaration andProgramme of ActionontheEstablishment ofaNewInternational1970 GeaenlAssembly-Thirty-lliIItb Session-Plenary Meetings
**Analysis**
The text discusses the concept of global negotiations on international economic cooperation for development, highlighting the need for a collective effort to address the economic problems facing the world. It emphasizes the importance of multilateralism and rejects a return to nationalistic approaches. The text also expresses concern about the lack of progress in launching global negotiations and the need for a more integrated and simultaneous approach to address the full range of issues in international economic relations.

**Category**
Economic development, International trade