First, I wish to express my very great pleasure at speaking for the first time in this world forum as head of State and at greeting its members on behalf of the people of Venezuela and my Government, and particularly at speaking at this session of the General Assembly, the last of this century and millennium, which, for us, adds special meaning to the event. My presence here also affords me an opportunity to express some ideas on the times and circumstances in which we are now living, all of us worldwide but also, and a little more specifically, about times and circumstances in my own country. These are times and circumstances, Mr. President and members, which of course we share with you. A few years ago, when the Berlin Wall fell, I think someone said that peace had broken out. I truly believe that that expression covers a series of phenomena which began to surface at that time and subsequently evolved and developed to become part of the global scenario. In my view, this rapid emergence of phenomena, simultaneously all round the world, each of them with so many distinguishing characteristics, has made it more difficult to understand, appreciate and realistically perceive what is actually happening in the world today. Many analysts of that time spoke of quantum leaps. I believe that a quantum leap is indeed under way; there is an ongoing process of universal change, mutation even. I also believe that we must sharpen our ability to analyse and observe this phenomenon — open conflicts, resurgent nationalisms, racial and religious conflicts — which are occurring in a world that is undergoing processes of fusion while at the same time undergoing dangerous and alarming processes of fission. We are entering the new century with these signs around us which at one and the same time are cause for concern and reason for optimism at the changes unfolding. Actually, there are many praiseworthy things about the century that is closing, but there are also many things worthy of condemnation and from which we should learn our lesson so that they do not recur. Within that process of universal change, there is a country small in size, a nearby country — Venezuela — that faces its own changes; a country that is undertaking its own irrevocable and necessary changes; a country that is being reborn from its own ashes; a country that is once again raising the flag of true, authentic democracy. I shall speak a few words here about that country, my country, our country, your country: Venezuela. Venezuela, blessed by the hand of God; Venezuela, in the very north with an outstanding geographic location; Venezuela, full of incalculable natural wealth; Venezuela, which has one of the world’s largest oil reserves and mineral resources of all kinds, such as gold, diamonds, bauxite and iron ore; Venezuela, which has water; Venezuela, which has fertile soil; Venezuela, which has scarcely 20 million inhabitants for almost 1 million square kilometres. But 80 per cent of the inhabitants of this wealth-filled country are poor. For many years it was said of Venezuela that it was a model of democracy in the world and in Latin America. However, today it is undergoing a process of profound change, a crisis unprecedented in our history — a moral crisis, an economic crisis, a political crisis, a social crisis — which has brought it to dangerous extremes, with explosive forces that have been building for decades. Even so, in Venezuela we have found a peaceful way out of the morass, the tragedy. We have discovered a way that is fully democratic. We have encouraged changes in Venezuela towards respect for human rights, as is right and proper, because, however tragic the situation, however urgent the need for change, never, in our view, should human rights, respect for freedom of expression, respect for the intrinsic values of the individual, respect for freedom of the press and respect for freedom of thought be set aside. The Venezuelan people has arisen from its own ashes. I should also like to add — and you, Mr. President, and members undoubtedly know this — that the Venezuelan people is a people with a great historical legacy: it is the birthplace of Simón Bol'var, the Liberator, one of the greats of the millennium. Venezuela carries in its essence the seed of democracy, of fraternity and solidarity. We must therefore acknowledge the ability of Venezuelan people, which we represent here in this Assembly, to find peaceful and democratic solutions to a profound crisis which in other places and other eras, would have given rise to the violent and regrettable acts that have submerged many peoples in fratricidal conflict for years and even decades at a time. We know that the world has had a great deal of news about Venezuela in recent months, some of it a little disturbing as a result of the confusion and speed of the changes. I thank representatives for allowing me a few minutes to take the opportunity to assure the entire world that in Venezuela there was respect, is respect and will continue to be respect for a democratic process which emanates from the will of the people. For example, last December there were elections in Venezuela, which produced a positive result for democracy. We won the elections with almost 60 per cent of the popular vote. Subsequently, on 2 February this year, the very day that we arrived at the Government Palace, we did something which had never before happened in my country: we called for a national referendum. In that referendum, held on 25 April, the country voted for the electoral path leading to a constituent assembly. Ninety- two per cent said “Yes”, and on 25 July there were open elections, in which all political and social sectors participated, with absolute freedom of expression, freedom of criticism and freedom of the press, the likes of which had never occurred in my country. The National Constituent Assembly that resulted from that electoral process consists of 131 Venezuelan men and women, representing the broadest segments of society, including indigenous peoples, because for the first time in Venezuela's history a group of aborigines represent the indigenous peoples of Venezuela in the great Assembly. The Assembly members have been working together for a month and a half on a new national constitution in a mechanism of cooperation. The entire country is promoting progress towards this new Constitution; for the sake of the democracy we are defending and advocating, it will be approved only by the country. It will not enter into force until it is approved by the Venezuelans in a new referendum, which we hope will be held in November, or at the latest in December. In other words, when the new century dawns next year Venezuela will have a new political project, a fundamental new charter as the foundation of the new Republic and of truly legitimate executive power governing by democracy — as Abraham Lincoln said, for 2 the people and by the people. We will have a genuine judicial power, which we had lost in the past few years owing to corruption. This judicial power will administer justice. We rely on true legislative power to respond to the calls and needs of the Venezuelan people. We also propose the establishment of a fourth power — moral power — to combat corruption, the mother of all Venezuelan crises of recent years, and to fight for education, especially for children. We further propose an electoral power to achieve a balance of power. There will be a division of powers, particularly legitimate powers, with the profound popular content of true democracy. We are also promoting a new economic model for Venezuela. For 20 years we experienced a terrible crisis that produced the breakdown of a country, the breakdown of a model. We are now promoting a humanistic, productive, competitive and diversified economic model, based on the great potential of our country and incorporating the world currents of a new international economic order, with greater justice and a human face, which will facilitate satisfying the needs of the human being. This must be one of the fundamental goals of any economic process. In just over six months we have been able to come here to tell the world of our successes — small successes, but they presage what is going to happen in Venezuela. We have undertaken an economic revitalization, respecting all economic freedoms. In a healthy coexistence between the State and the market, we have been gaining ground in the macroeconomic area. We have started to bring down inflation; maintained our international reserves; helped raise the price of a barrel of oil, in cooperation with the other oil-producing countries; and brought about an exchange balance. We have also been revitalizing some production sectors, and we are calling on global investors to invest in various petrochemical, gas, touristic, industrial and agricultural projects and enterprises. We are thus building a new economic model. We are also building a new society based on public morality in respect of human rights. I shall give an example, small, but one which says a lot about what is happening in Venezuela in terms of the social order. Barely three days ago the 1999-2000 school year began. This year the school matriculation — that is, the number of students in public schools — increased by 25 per cent. As a result of a model of privatization of education, and of the poverty that has been invading the social strata, many children and young people did not go to school; they could not pay the fees, nor could they pay for school supplies. This year we have opened up the schools and we have been repairing them. Now we are very happy to tell the world that in just six months the number of children and young people starting a new school year has increased by 25 per cent. Furthermore, attention to education has gone beyond being one of the principal national priorities; it is now a matter of States. The same can be said of health. We have activated a special plan which we call “Project Bolivar 2000”. For six months we have been dealing with Venezuelans' greatest needs, such as health, road repairs and opening ways of penetration and activation of some sectors of microenterprises. We have set up a people's bank to provide microcredit especially to bring about the recovery of the economy, the microeconomy. We have created a unique social fund to promote solutions basically for health and education. As can be seen, we are promoting a genuine process of transition: politically, socially, economically and, above all, ethically. A new Venezuela is being born, born to present itself to the world free and sovereign, ready to take up firmly the flags of a new world, a fairer world. We are in solidarity with the struggles of the world. The world of the century to come must be much better than the world of the twentieth century which is ending. We call out for justice for the peoples of the third world, for equality and human development. We appeal for the integration of peoples and for peace. Only a country revitalized from within can be incorporated by its own strength into the international relations of a modern world, such as the world which is dawning. In this part of South America, Venezuela is being reborn and offering the world its heart, its arms of integration. I give a special salute to all the peoples of the Latin American continent and the Caribbean, Central America, North America, Asia, Africa, Europe and Oceania. We must continue together, with a new sense of brotherhood, to struggle for a better world. In this my first statement to the General Assembly, in the last session of the century, when we are preparing for the Millennium Assembly, I should like to congratulate you, Mr. President, the Secretary-General and all the world representatives gathered here at the United Nations, because we are aware of the great effort being made to reform and perfect the machinery to achieve peace, brotherhood and solidarity in a world that 3 is, as I said at the beginning, undergoing profound change. These words come from my heart and go out to the entire world in the name of a people who are themselves being reborn — the Venezuelan people — with our best wishes that each day we may find greater strength and come closer to attaining — as I said before — the path to peace, brotherhood, development, justice and self- determination. Let us not say as someone else has said that peace has broken out. Rather, let us say that in the next few years we may all be able to proclaim loudly that peace, democracy and development have triumphed. I send a warm embrace to you all on behalf of the people of Simon Bolivar, the people of Venezuela.