text: on the implementation of the present resolution. DRAFT RESOLUTION II Code of conduct on transnational corporations* The Economic and Social Council, Noti~ the efforts made so far in negotiating the code of conduct on transnational corporations, Reaffirming the need to conclude negotiations on the code of conduct as soon as possible, Urges all member States to intensify their efforts to conclude the negotiations on the code of conduct on transnational corporations at the reconvened special session of the Commission on Transnational Corporations on 24 May 1990. DRAFT RESOLUTION III Activities of the United Nations Centre on Transnational Corporations** The Economic and Social Council, I 1. Requests the Secretary-General to prepare a report containing concrete proposals on ways of promoting foreign direct investment as a complement to domestic investment in the developing countries, giving due consideration to the special needs of the least developed countries; 2. Also requests the Secretary-General to study, in co-operation with the United Nations Conference on Trade and Development and other organizations, the interrelationship of investment, trade and development, with a view to identifying ways and means of encouraging and enhancing the contribution of transnational corporations to the development of developing countries through trade and investment; * For the discussion, see chap. III below. ** For the discussion, see chap. XI. -4- II 1. Requests the Executive Director of the United Nat" c t Transnational Corporations to prepare based on the .. ~ons en re on . , prov~s~ons of General Assembly resolut~on 44/228 of 22 December 1989 on the United Nations Confer:nce on Environment and Development, in accordance with the requirements e~tabl~shed.by the :reparat?ry Committee of the Conference, in co-operation w~t~ the Un~ted ~at~ons Env~ronment Programme and other relevant organs and bod~es of the Un~ted Nations and in consultation with the Secretary-General of 
analysis: The text appears to be focused on the activities and regulations of transnational corporations, particularly in the context of economic development and international trade. It mentions the promotion of foreign direct investment, the interrelationship of investment, trade, and development, and the contribution of transnational corporations to the development of developing countries. This suggests that the text is primarily concerned with economic development and international trade.