text: orked on identiticallon of sect;rs ln flhlch jol'nt ventures could respond to the needs of Ehe $enber countries' Thug the ESCI{A secretariat made an assessment of existing jolnt eentures in the region tn order to highlight Problens and faclo(s pronoting successful Perfornance and r ecomrnend measures for speeding up the estaolisnrnent ot ner ioint ventureg and for invegtlgaling unused regources of exis!ing joint ventures, ESCfiA also ldentified specific industrial Projects rela!ing to capital' gooals anat engineering lnduetries that could lend thenselves to regional co-operation. 17. Other activities of ESCI{A develoPnent and rnanagenent ofare related to the Pronotion of integraled rater and sea reSoulces. A/40/sgl English Page 20 ECONOITIC AND SOCIAL CO!||,rISSION FOR ASIA AND TIIE 78. ESCAP continued to aupport ECDC actieltles of its nemberfield of trade, tinance and developnent issues and policies. 79. In the area of international trade, ESCAP assisted the nenber countries of the Banqkok Agreernent to launch the aecond round of neqotiations. After almostl0 years of operation, the Bangkok Agreenent,s flve participating countries(Bangladesh, India, Lao People.B Deneratic Republic, Repubtlc of Korea andsri Lanka) have decided co reeltalize the Agreement by raunching a second round ofnegot.iations to pronote trade erpansion anong thensel,ves through new forng otco-operation that eould faciritate accession by neu Eenber6. through a technicalassistance project, ESCAP eas aasociated nith UNCTAD in the pronotion ofnultinational narkecing arrangeoents ln fiahe!ies, natural rubber and tropicaltinber that involve the relevant erporter8 and producera aasociations. Effortshave also been nade to pronote reglonal co-operatlon on jute anal silk.
analysis: The text appears to be focused on regional economic development, cooperation, and trade initiatives in the Asia-Pacific region. It mentions specific industries, projects, and agreements related to economic development, trade, and investment. The text also touches on environmental and natural resource-related issues, such as sustainable development and regional cooperation on jute and silk.