UN General Assembly
1970

93. We understand the political reasons which prevent more efficient action in the field of disarmament. The Minister for Foreign Affairs of Venezuela quite rightly described this state of affairs in the very excellent statement he made a few days ago. May I be allowed to quote some paragraphs of this admirable statement. "We have already spoken of an international order based on the balance of power between the various blocs. The maintenance of this balance, precarious at best, requires the investment of gigantic sums of money for the acquisition of attack and defense systems which are increasingly complex and costly. The possession of the atomic bomb has been the point of departure in a constant arms race designed to end the balance of terror by some decisive discovery or by establishing the kind of material superiority which would have an unquestionable effect.