UN General Assembly
1993

responses to existing regional trading arrangements. These have the potential to weaken the multilateral character of the trading system, as many of them do not comply with the spirit and the provisions of the General Agreement on Tariffs and Trade (GATT). Developing countries, it has been estimated, lose about $100 billion a year in export revenues as a result of market barriers in industrialized countries - about twice the official development assistance that the industrialized countries provide. Furthermore, it is most ironic that taxpayers in the industrialized countries pay both for aid and for imports that are more costly as a result of trade barriers, while the poorest developing countries lose more in trade than they gain in aid. For these reasons alone, further progress in trade liberalization, through success in the Uruguay Round, is very urgent, and we join other delegations in stressing that no effort should be spared in bringing the Round to a successful conclusion. Of the 42 resolutions on disarmament issues adopted by the Assembly at its last session, 15 deal with various ways