UN General Assembly
1978

33. I cannot end these remarks on international economic and technical co-operation without briefly touching on disarmament, which was exhaustively debated at the tenth special session earlier this year. I need simply say that, without mentioning the objective of peace through disarmament, it must be evident that the huge armament budgets of rich nations are largely achieved at the expense of the developing world. An equally serious factor that accentuates this problem is the arms race among poor countries, which feel compelled by local or regional circumstances to divert scarce resources from social development to armaments.