text: countries shouldendeavour tolimitexportsubsidies andanalogous practices which mighthindertradeespecially thatofdeveloping countries. 44.TheMinisters haveagreedthatimproved andrespected traderules,supported bycompatible domestic policies, wouldbenefitallcountries andcouldprovide a basisforthelaunching andexpansion ofworldtradeandinvestment. Developing countries shouldbenefit especially fromsuchpro1ress through widerandmore stableaccesstodeveloped country markets andfromthecapital investment that wouldfollowintheirindustrial andagricultural sectors. 45.Regarding agricultural tradeinparticular, uncertainty andalackofrespect forinternational disciplines havecontinued andmayhaveworsened overthepas~ year. Anumberofindustrialized countries arespending vastresources in subsidies whichdistort tradepatterns andsorneareplanning tospendevenmore. -9-Thissituation benefits nocountry inthelongrunbecause evenifimporters maybepaying lowpricesasaresult, experience showsthatadequate farmincentives areindispensable forstable andgrowing production, bothattheinternational andnational levels, andforsustained worldfoodsecurity. 46.Inthecaseofcereals, wediscussed theperformance ofpresent internationalarrangements. TheInternational WheatAgreement of1971,several timesrenewed,provides useful forumsforexporting andimporting countries regularly toreviewmarketperformance andexchange information onvarious related matters, includingpolicy. Moreover, manydelegations feltthatitwouldbepreferable tonegotiate anewagreement embodying appropriate economic clauses andspecial measures whichwouldallowfortheparticipation ofthedeveloping countries. 47.The1974WorldFoodConference targetof10million tonswasmetforthefirsttimein1984.Thiswasconsidered tohavebeenapositive achievement, andmanyof,:heMinisters believe thatitshould beconsolidated intheFoodAidConventionf,'amework. Afurther development intherightdirection hasbeenthe re~entfour-year extension ofthecereals facility byIMF,forwhichtheCouncil extendsitsappreciation. Itmaybeusefultoreviewthepossibility ofsometechnicaladjustments inthefacility's operation. 48.Specifically, theMinisters recommend that: (alAdjustment programmes forresolution ofdebtproblems bephasedtotakeaccount ofdeveloping country foodandsocial needsonasustained andlong-termbasis; (b)AlIcountries givemuchmoreattention toadjusting theirmanufactureand/oragriculture sectors, withaviewtoproviding stableandexpanding accessfordeveloping-country exports; (c)TheGeneral Agreement onTariffs andTrade(GATT)Committee onTradeinAgriculture beencouraged, withinitsmandate, tocùntinue and,tetheextentpossible, accelerate proqress towards moreoperationally effective rulesanddisciplines fortradeanddomestic farmpolicies, bearing inmindtheconcerns ofdeveloping countries; (d)TheInternational WheatCouncil (IWC)continue toconsider thepossibleelements ofanewagreement, including provisions tofacilitate essentialdeveloping-country imports, fullaccount beingtakenofexporting andimportingcountries andproducers andconsumers; (e)TheIWCcontinue toexplore thepossibilities ofraising theFoodAidConvention's minimum overall commitment towards 10million tons; (f)TheExecutive Director oftheWorldFoodCouncil, withinthecontext ofthetermsofreference ofWorldFoodConference resolution XXII,particularlyparagraphs 1and8thereof, actively reviewtheorigins ofandpossible solutionstopresent conflicts ininternational foodtrade,inconsultation withtheinterested parties, takingintoaccount theinterests ofdeveloping countries, andreporttothenextsession oftheCouneil. 49.Itwasnotedwithconcern thattherecenttradeembargo against Nicaragua isaffectinq itsagricultural production andfoodsecurity andreference wasmadetoGeneral Assembly resolution 39/210of18December 1984forduefollow-up bytheSecretary-General. -10-50. endof Nation their malnut which theMi politi 51.F politi priori theChVI.FORTIETH ANNlVERSARY OFTHEUNITED NATIONS 50.Atatimewhenthepeoples andtheGovernments oftheworldcommemora tethe endoftheSecondWorldWarandcelebratethefortieth anniversary oftheUnited Nations, underthetheme"United Nations forabetterworld", theMinisters give theirfullsupport tothecommonpursuit ofpeaceandtheeradication ofhungerand malnutrition, reaffirming thataccesstoadequate foodisafundamental humanright whichGovernments exerteveryefforttoguarantee theirpeople. Inthatcontext, theMinisters express thebeliefthatfoodshouldnotbeusedasaninstrument of political andeconomic pressure. 51.Foodrepresents anessential elementoftheworld's economic, socialand
analysis: The text appears to be discussing the international trade of agricultural products, the need for fair trade practices, and the importance of ensuring food security and access to adequate food for all countries, particularly developing ones. The text also touches on the role of international organizations such as the World Food Council and the International Wheat Council in promoting fair trade and food security.