UN General Assembly
2002

created whose resources might come, for example, from a percentage of global military expenditure. It could be funded by a percentage of the immense resources, those billions and billions of dollars, that we, the developing countries, the poor countries, annually transfer to the developed world through the perverse mechanism of external debt or eternal debt, I should say. I am sure that the countries of Africa and Asia can tell the same story as we in Latin America do. In the last 20 years of the twentieth century, Latin America paid off more than twice the amount of its external debt. But now it turns out that we owe more than when we began this whole perverse process. It seems only fair to me that, given the situation that faces the world and the bleak path that we are following, this issue must be debated. Why not transfer a portion of this eternal debt' to an international humanitarian fund a fund that could also be financed by monies confiscated from drug traffickers,