UN General Assembly
1992

peoples after a better life of peace and prosperity. The developed industrialized nations can cooperate in making this possible by opening their markets to the products of the developing nations, ending all protectionist measures, bringing about at an early date a successful outcome to the Uruguay Round of multilateral trade talks and by finding an urgent solution to the debt problem. Economic cooperation between the developing countries themselves is also necessary as it would constitute a fundamental tool for the promotion of international economic growth. Questions pertaining to the situation of the world economy are of great importance and interest to us in Saudi Arabia, for the Kingdom of Saudi Arabia has a stake in ensuring the stability and soundness of the world economy and in avoiding the hurdles and pitfalls that may affect its growth. Proceeding from this, it has responded positively to the ongoing discussions on the environment and development and has shouldered its responsibility in this respect by participating in the international deliberations aimed at finding well-balanced and practicable solutions to the