text: that initiatives such as the elaboration of a code of conduct (rules of the road) , the various proposals dealing with immunity and partial protection of satellites, those relating to remote sensing and others, form a nucleus around which a body of consistent initiatives could be built that would help to make space an arena for open co-operation in peaceful uses and transparency and predictability for military uses. Happily, it seems that any statement made in the plenary of this Conference recently must contain a tribute to the present international climate and its promising potentialities. This gives negotiators an inevitable feeling of satisfaction because of th,e tangible progress made and the progress which is foreshadowed in the near future. On this occasion my delegation has shunned complacency in order to call the attention of the delegations present here to subject area which is of concern to us all, which is open and which has yet to be spelled out in detail. It is the subject area of space. The PRESIDENT : I thank the representative of Argentina for his statement and for the kind words he addressed to me. That concludes my list of speakers today. Does any other representative wish to take the floor? As announced at the opening of this plenary meeting, I shall now suspend it and in five minutes' time convene an informal meeting of the Conference to report to you on the results of the consultations undertaken on an appropriate organizational framework to deal with agenda items 2 and 3 during this annual session. We shall also consider a request from a non-member to participate in the work of the Conference. The meeting was suspended at 11.20 a.m, and resumed at 11.40 a.m. The PRESIDENT : the 547th plenary meeting of the Conference on Disarmament is resumed.
analysis: The text appears to be discussing international cooperation and regulations related to space exploration and use, highlighting the need for a code of conduct and transparency in both peaceful and military uses of space. The language used is formal and diplomatic, suggesting that it is a statement made in an international conference or meeting.