UN General Assembly
1960

82. Chile is prepared to join in any decision based on those considerations. It has demonstrated that by its sincere and exemplary active co-operation in the work of the United Nations. Further proof is to be found in the efforts of President Alessandri to obtain a limitation of armaments in Latin America, Last year the Secretariat circulated to all delegations the text of his proposal, which is the best proof of the peaceful trend of our foreign policy. It is pointed out in the proposal that the consequences of the armaments race bear more heavily on the weak countries, like Chile, which are forced, against their will, to spend huge sums of money on acquiring armaments when that money could be used to better effect in meeting their urgent and immediate needs. In substance, the aim is to release considerable financial resources in many countries, which would increase the funds devoted to economic and social development in Latin America.