UN General Assembly
1986

Opportunities to correct the global economic situation are never lacking. At Punta del Este, the GATT Ministerial Conference has just concluded with the promise of a new round of multilateral trade negotiations. Next year the seventh session of the United Nations Conference on Trade and Development (UNCTAD VII) will be held, and we oust approach that Conference with shared views on how we can restructure the world economy. The North-South dialogF has too long been a dialog of the deaf. Perhaps both sides need to modify their agendas, striving for immediately attainable goals involving some relief for the developing countries, leaving the more elaborate tasks for a later period when world economic conditions improve. Realism is not a sign of weakness. At the same time, it must be Hatched by a corresponding willingness to make some concessions in the global interest. Let roe now turn from economic co-operation to political co-operation. The need for international co-operation in the current political scene is dramatically evident in respect of southern Africa and the Middle East, where the