text: requested the United Nations Centre on Transnational Corporations to prepare a report for its sixteenth session on the status of the negotiations on the code of conduct on transnational corporations, The present report has been prepared in response to that request. 2. Chapter I reviews the progres s made on the code negotiations since the last Commission session. Chapter II analyses a number of recent developments in internat ional economic rolations involving foreign direct invesbnenl, emu Lhe.i.r impact on the code negotiations. Chapter III considers the interrelationships that exist between the code of conduct and the Uruguay Round of Multilateral Trade Negotiations, and how those negotiations may facilitate the conclusion of the code. In the concluding part. the prospects for an early conclusion of the code are discussed in the light of the finding s of the proceeding sections. I, PROGRESS ON THE CODE NEGOTIATIONS 3. In resolution 1989/24 the Economic and Social Council, endorsing a consensus proposal by the Commission , reaffirmed the need to finalize the code of conduct on transnati onal corporations as soon as possible, and requested the Chairman of the special session of the Commission on Transnational Corporations, in co-ordination with the Executive Director of the United Nation's Centre on Transnational · Corporations, to intensify consult ations with the view· of resuming negotiations on the code in the context of the special session of the Commission, possibly no later than the end of 1990, Pursuant to that resolution, a number of efforts were undertake n aimed at facilitating a decision on the resumption of formal negotiations on the code. ·: · · • 4. A group of eminent personalities in the field of international economic law gathered at the Peace Palace, the Hague, on 15-16 September 1989 for a symposium on 
analysis: The text appears to be discussing international economic relations, specifically the negotiations on a code of conduct for transnational corporations. The report reviews the progress made on the code, analyzes recent developments in international economic relations, and discusses the interrelationships between the code and the Uruguay Round of Multilateral Trade Negotiations. This suggests that the category should be related to international economic affairs.