South American zone of peace and cooperation (2003), para. 06
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Original document
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Also recognizing the firm intent of the States of South America to adopt measures contributing to an effective and gradual limitation of defence expenditures in the region with the aim of having more resources available for the economic and social development of their peoples, in particular in order to devote the resources released from military budgets to combating poverty by moving forward with health and education programmes and other social benefits for inhabitants, taking into account each country’s security needs and current levels of expenditure,