UN General Assembly
1973

78. We wish that, at the same time, the conference on general and complete disarmament would make such progress as to enable it to serve as a support for the new system of international relations that the European States are seeking to establish. It is already comforting to note that the new agreements recently concluded between the United States of America and the Soviet Union bring a fresh contribution to the cause of international peace and security. We rejoice, and again express our hope, that soon the day will come when the enormous resources at present earmarked for armaments will be devoted to economic development for the well-being of all peoples.. 79. Thus we believe that it might not be inapposite at this juncture to devote as much attention as necessary to the proposal of the Foreign Minister of the Soviet Union aimed at a reduction of military budgets for purposes of assistance to development [2176th meeting].