text: than reduce, a country's credit-worthiness. The international economic environment must also be improved so as to afford debt-ridden countries the opportunity to expand their exports and improve their debt-servicing capacity. Greater concern over the terrible consequences of changes in the interest rate is needed now nore than ever. M'{ delegation welcomes the increasing awareness in the international community of worsening environmental problems. Unquestionably, economic growth can be sustained only if it is environmentally sound. Urgent environmental concerns, including, inter alia, the depletion of the ozone layer, global warming and the transport of hazardous goods, must be immediately addressed. These problems are by their nature international problems afflicting all countries, large and small. As such, only international efforts will suffice. Environmental protection is, however, a relatively new area of concern for Thailand, and I am sure for other developing countries as well. More technical and financial assistance should therefore be made available to developing countries in their efforts to address the aforementioned problems. Towards this end we support the convening of the United Nations Conference on Environment and Development in 1992 in Brazil in the hope that action-oriented proposals and progranmes may be adopted to promote environmentally sound and sustainable development. Another issue of great importance is that of science and technology, which are essential tools for setting up more efficient production and manufacturing capabilities. We therefore support the endeavours of the United Nations to draft an international code of conduct on the transfer of technology so that the developing countries could be given freer and fuller access to new technologies under fairer conditions. I ·1 ! 1,· .I I' Ii l1'i ! I I r I I JVM/34 A/S-18/PV.2 162 (Mr. Limpabandhu, Thailand) Increased international economic· co-operation can also be promoted at the 
analysis: The text discusses the importance of international cooperation in addressing global issues such as debt, environmental degradation, and the transfer of technology. It highlights the need for sustainable development and environmentally sound economic growth. The text also mentions the convening of a United Nations conference on environment and development, which suggests a focus on international cooperation and global problem-solving.