UN General Assembly
1965

67. Having made those remarks about the economic situation in South and South-East Asia, in which Australia has so direct a concern, I should like briefly to touch on an economic matter of worldwide concern, namely the important developments in the past year in the United Nations Conference on Trade and Development. International trade is of special interest to Australia because we are still dependent in many ways on exports. We are in a special position, like one or two other countries. Australia is a country with a high average standard of living. But we are dependent for 80 per cent of our export earnings on primary products, in a sense, we have a foot in both camps, that is, with the developed countries and with the under-developed countries. I think that this has sometimes given us a special opportunity for insight into the concerns of both groups.