text: 18December 1984concerning economic co-operation amongdeveloping countries,1.TheCommission onTransnational Corporations recommends totheEconomic and Social Council theadoption ofthefollowing draftresolutions: 5860 6060 6461 61 71Recognizing thecompetence oftheUnitedNations Centre onTransnational Corporations intheareasoftransnational corporations ingeneral andof jointventures andotheralternative andnewformsofinternational economic co-operation amongnational corporations fromdifferent developing countries, Encouraged bythefactthattheleastdeveloped amongthedeveloping countries receive asizeable portion oftheirforeign investment from developing countries, 1.Affirms theneedtoincrease theroleoftheUnitedNations Centre onTransnational Corporations inpromoting newformsofeconomic co-operation amongdeveloping countrie~ withinitsmandate andintechnical co-operation andassistance forinterested developing countries; 2.Requests theSecretary-General toundertake astudyofthe experience ofjointventures amongnational corporations fromdifferent developing countries andtheircontribution tothedevelopment process in developing countries, including ananalysis ofthepossibilities and potentialities offered inthisfieldbyregional economic integration and co-operation amongdeveloping countries; IItr*Forthediscussion, seechap.IIbelow. -1- ':"l:"~:-.'--"' ij :~ ,~ 1 :.'!.. , I ! 13.Inyites theCentretoexplore thepossibilities forfurther increasing theco-operation between theleastdeveloped countries andother developing countries inthefieldofforeign investment; 4.Requests theSecretary-General toinclude inthestudyreferred to inparagraph 2abovespecific proposals onwaysandmeansofpromoting that formofco-operation andtoreport onthemattertotheCommission on Transnational Corporations atitssixteenth session. DRAFTRESOLUTION 11 Recenttrends cQncerning transnatiQnal cQrpQrations andinternational economic relatiQns* TheEconomic andSocialCouncil, Reaffirming itsresolutions 1908(LVII) Qf2August 1974and1913(LVII) of5December 1914ontheimpactoftransnatiQnal corporatiQns onthe development process andoninternatiQnal relations, Reaffirming alsoitsresolutiQn 1988/58 of21July1988onstrengthening theroleoftheCommissiQn QnTransnational Corporations andtheactivities of theUnitedNations Centre QnTransnational Corporations insupport of, developing countries, Taking nQtewithappreciation ofthereports oftheSecretary-General on recentdevelopments related totransnational corporations andinternational economic relations 1/andontheroleoftransnational corporations inthe leastdeveloped countries, ~/ Awarethatstructural imbalances intheeconomies ofmajoractorsinthe worldeconomy haveanimpact oninvestment flows,including thoseto developing countries, Notingthatmarket economy industrialized countries increasingly attract foreign direct investment inasituation inwhichdeveloping countries increasingly facelimitations onfinancial andtechnological resources that couldcontribute totheireconomic andsocial development, 1.Reguests theSecretary-General tosubmittotheCommission on Transnational Corporations atitssixteenth session, in1990,areport analysing thOSE!trends andtorecommend waysandmeansofincreasing the operations oftransnational corporations indeveloping countries, inorderto contribute totheireconomic, social andtechnological development; Forthediscussion, seechap.11below. 1/E/C.10/1989/2. E/C.I0/1989/6. -2-, i;1, t iiI _.-..........."..............._---' _:..'----_ ............-._--- ..........-='--.:..~~--.-_. ~-~.~ 2. R~quests theSecretary-General toinclude inthatreport an assessment ofthepotential impactoftheregional economic integration processes takingplaceamongdeveloped countries onthefutureoperations of transnational corporations, particularly indeveloping countries, and,in turn,theimpact onregional economic integration processes indeveloping countries.
analysis: The text appears to be discussing international economic cooperation among developing countries, specifically in regards to transnational corporations and foreign investment. The language used is formal and diplomatic, suggesting that it may be a draft resolution or report from a United Nations agency. The text mentions the promotion of economic cooperation, joint ventures, and foreign investment among developing countries, as well as the potential impact of regional economic integration on these efforts.