text: towards an effective remedy in the interest of all mankind. In this spirit, Kuwait, for its part, has decided, in line with our previous proposal regarding this issue, to write off all interests on its loans. In addition, Kuwait will consider with the poorest nations arrangements regarding the principal of its loans with a view to easing the burden of their debts. From the early years of independence, my country has been privileged to be in the forefront of States that gave development aid to other countries. Kuwait's contributions represent the highest rate in the world in terms of gross national product, amounting to 8.3 per cent of its gross national product. This highlights Kuwait's genuine desire to contribute towards raising the standard of living in the developing nations. It also proves that Kuwait has been a leader in the efforts to improve the economic infrastructure of other countries. NR/pt A/4!i/PV.10 52 (Sheikh Al-Sabah) The devastating consequences of the aggression against Kuwait and its civilian population, with its repercussions on the stability and security of the entire Gulf region, together with its ripple effects on world stability, as we have clearly seen, have been far-reaching indeed. They have already had adverse effects on long-standing crucial issues we had always hoped the world community would eventually resolve satisfactorily. I have in mind the problem of the Palestinian people and the tragedy of the occupation of the southern part of our sister State, Lebanon. The State of Kuwait will remain, as always, faithful to its principles, true to its system of values, close to its friends and faithful of its obligations and commitments. In closing, may I take this opportunity to address a few words to my people, my kinsfolk, the loyal sons and daughters of Kuwait, from this forum, a forum for 
analysis: The text appears to be a speech or statement from the Emir of Kuwait, discussing the country's efforts to aid developing nations and its commitment to its values and principles. The text mentions loans, debt relief, and economic aid, which suggests that economic development is a significant aspect of the speech. Additionally, the text touches on international relations and global issues, such as the Palestinian problem and the occupation of southern Lebanon, which may be related to international trade or humanitarian aid.