text: military confrontation as well. This trend must be reversed in time, before technological developments frustrate the efforts for arms control and disarmament. This is bound to happen if resolute preventive action is not taken in time. At the same time, the emerging space technologies bring closer to us the time when a truly meaningful international approach to the peaceful use of outer space becomes a possibility. In small countries international co-operation is an essential prerequisite for the economic utilization of space. An arms race in outer space would undoubtedly affect the potential for peaceful exploitation of outer space, and therefore all efforts should be undertaken to ward off the further militarization of outer space. As the multilateral negotiating body, the Conference on Disarmament should proceed as soon as posssible to the actual negotiation of an agreement or agreements preventing an arms race in outer space in all its aspects. This is another matter on which a clear message from the General Assembly is expected. Several interesting and important disarmament studies initiated by the General Assembly are under way or have been completed this year. Some of them call for further comments on the part of the Finnish delegation later in this session. At this point, I wish to offer a few observations on the Study on All Aspects of the Conventional Arms Race. It is the first attempt, in the United Nations context, to assess the conventional arms race in a comprehensive manner. AW/ve A/C.l/40/PV.4 26 (Mr. Tornudd, Finland) The conventional arms build-up has traditionally been overshadowed by a preoccupation with the threat presented by nuclear weapons. While fully recognizing the reasons behind this prevailing concern, we must not forget that conventional arms are a constant source of insecurity, death and destruction in the 
analysis: The text appears to be discussing the importance of preventing an arms race in outer space and promoting international cooperation to achieve this goal. It also touches on the issue of conventional arms and their impact on insecurity and destruction. The text seems to be focused on international relations and security, with a strong emphasis on the role of the United Nations in addressing these issues.