I take great pleasure in congratulating the President on his well- deserved election, which honours him personally and his great country, Namibia. On behalf of the Ecuadorian Government and on my own behalf, allow me to greet him most cordially and wish him every measure of success. I warmly welcome the three new members of this Organization, Nauru, Kiribati and Tonga, and congratulate the Minister for Foreign Affairs of Uruguay, Mr. Didier Opertti, for the intelligent way with which he conducted the work of the previous session of the General Assembly. The border conflict between Ecuador and Peru that had prevailed since the very foundation of our republics, during the first part of the last century, was concluded on 26 October 1998 by means of a negotiation process begun 22 in February 1995. This historic event, reached by the signing of the peace agreement in Brasilia, allowed the two countries to change their relations entirely and to transform the conflict into peace and, now, to transform peace into development. Immediately upon the signing of the peace agreement, Mr. Jamil Mahuad, President of the Republic of Ecuador, put an end to the acquisition of war materials, reduced mandatory military service and, in close collaboration with Ecuadorian soldiers, reoriented the action of the armed forces toward tasks linked to development and internal security. The comprehensive peace formula, reached with the assistance of Argentina, Brazil, Chile and the United States, included not only the delimitation of the border, but also a treaty on navigation and trade, a broad-ranging agreement on the integration of borders and the establishment of a commission on building trust and security, among several other peace measures. In accordance with the agreement, Ecuador and Peru have established an institutional structure that is now fully operational in order to attain the goals of an ambitious programme that includes the construction of five bi-national roads, joint development of our river basins, the building of physical infrastructure and the achievement of a human development programme designed to improve the living standards of the residents along our borders, who during so many decades of stagnation in their territories were victims, paralysed by fear and uncertainty. To reach this goal, we have combined our efforts, convinced, at the same time, that we will be able to count on international cooperation. We hope that the border between Ecuador and Peru will serve as an example of the fruits of peace for the world. We want to see highways instead of trenches, irrigation canals instead of fortifications, hospitals instead of combat airplanes and electric plants instead of missiles and anti-personal mines. In the name of Ecuador, I call upon the international community, on each one of the member countries, on financial and development cooperation organizations and on non-governmental organizations to contribute their aid, small or large, to this new peaceful and friendly space our two Latin American nations have built. Having resolved its long-standing border dispute, Ecuador reiterates its traditional commitment to continue a permanent search for mutual agreements through the peaceful settlement of disputes and its firm decision not to become involved in any international war conflict. Within the framework of these principles, Ecuador recognizes the gravity of the armed confrontation that is searing its neighbour the Republic of Colombia, but considers that fight to be of an internal nature. Hence, it fully supports the efforts of the Government of President Andrés Pastrana to reach peace by negotiating with the rebel groups in that country. In that regard, any intention to internationalize an armed conflict whose solution concerns only the people of Colombia could be counter- productive and dangerous. The struggle for development and the efforts to combat poverty undertaken by Ecuador during the past year have been severely affected by multiple crises in the international arena and by natural disasters that strongly hit many places of the world, and Ecuador in particular. The violence of climatic phenomena makes it imperative to urgently implement a strategy for international cooperation to prevent the disastrous consequences of those natural disasters on the population, the economy and the environment. With the support of the United Nations, Ecuador has proposed the creation of an international research centre on the El Niño phenomenon that would contribute to improving the world capacity for prediction and early warning and to facilitate the adoption of protective and precautionary measures to mitigate the effects of the phenomenon. The aftermath of the El Niño phenomenon cost the equivalent of one half of our annual export revenues. In addition, the severe impact of the sharp price deterioration of our main export products, particularly oil, has caused economic stagnation, the closure of production units and the rise of unemployment. The crisis in the financial markets of Asia and Latin America has also spread its negative effects over our country, while the prosperity of other, developed areas did little to mitigate the effects of that crisis. Within that context of great difficulties, the conditions under which Ecuador renegotiated its foreign debt became extremely difficult to comply with. On 28 August 1999, the national Government used the legal mechanism of deferring for one month the payment of its Brady bonds debt service and at this time it is preparing to commence a process of restructuring these obligations that will enable it to share in a more equitable way the debt load among all the actors of this financial relationship. In 1999, poverty affects 61.3 per cent of the Ecuadorian population. Last June the unemployment rate 23 was 15.6 per cent. Four out of ten Ecuadorians have a daily income of less than $2, and two out of ten earn less than $1 per day. Global malnutrition affects more than 40 per cent of the children; one out of three do not complete the sixth grade, and 40 per cent of all children and adolescents are school drop-outs. These imbalances break social cohesion, limit the possibilities for the exercise of an effective democracy and reduce the validity of citizens' rights. The economic readjustment measures that the Government of Ecuador intends to apply will necessarily be conditioned by social development objectives, such as the reduction of poverty and malnutrition, the improvement of health indexes, the increase of access to better education, the reduction of unemployment and the increase of family income. Ecuador strongly believes that market mechanisms stimulate competitiveness and efficiency, but also that the institutional framework within which these processes take place must be capable of correcting distortions, putting limits on financial speculation and contributing to putting in place more stable and predictable systems of pricing, so that the living conditions of millions upon millions of human beings are not put at risk, and the stability and longevity of democratic regimes are not threatened by social discontent and economic crises. In Ecuador, President Jamil Mahuad and his Government have maintained democracy with a strong grip despite difficult circumstances. Social discontent from the contraction in output, natural disasters, the financial crisis, the drop in international prices for raw materials and commodities caused an increase in poverty and unleashed extensive manifestations of social discord. In facing situations such as these, we need to have an institutional economic order that gives a way out, particularly for countries with small economies, which are the most vulnerable to and most likely to be affected by extreme economic crises. On the eve of a new millennium, humankind is developing one scenario alone, a scenario not only of interdependence but also of globalization. In this global environment, all countries are involved in huge processes of market integration, liberalization of trade barriers, standardization of norms and adaptation and establishment of institutions so that they can cope. Nevertheless, globalization has so far not generated an equal distribution of prosperity, scientific progress, human health or cultural benefits. Right now, more than ever, when humankind is a single whole, we must establish shared ways to preserve, first and foremost, human dignity and well-being, the basic requirements of the human being, which are based on security and human development. One example of the effects of human insecurity are the great migratory waves that we are presently witnessing. Ecuador calls upon the General Assembly to orient cooperation strategies in terms of the human security perspective in dealing with shifts in human population that demand a better distribution of prosperity far from the extremes of opulence and destitution. Ecuador eagerly welcomes the new focus on providing a model for international policy including the notion of human security, especially at a time when the scourge of violence, drug trafficking, terrorism and environmental deterioration have become more acute and when we have witnessed armed conflicts around the world during the past year. Combating transnational crime is a shared endeavour for all civilized peoples. In particular, controlling the traffic in drugs and illicit drug consumption warrants coordinated, universal action. Ecuador has made its contribution and is prepared to continue making its contribution towards this end. It has therefore acceded to many international treaties and undertaken many international obligations, which it has fulfilled faithfully. Our country is looking forward to the Millennium Summit with great anticipation. The summit will be a historic opportunity for the community of nations at a time when the challenges of the twenty-first century oblige us to define and to affirm a common commitment to a universal project of understanding and cooperation that will inspire the United Nations in the coming century. The Millennium Round negotiations of the World Trade Organization, and other continental and regional rounds, should be processes that open up to the opportunities and challenges for creativity and effort and enable us to narrow the gap between the prosperity of just a few countries and the poverty of the great majority. Ecuador firmly believes in open markets, economic integration, foreign investment and strengthening the multilateral trading system. For this reason it has worked within the Andean Community on improving relationships with the Southern Common Market (MERCOSUR) and the European Union on negotiations for the Free Trade Area of the Americas, and on its growing links with the 24 Pacific basin, but it believes also that these processes must not ignore the individual features of the smaller countries and must strike a balance that will enable them to achieve, soon, an international system that is equitable and based on solidarity. Ecuador was the second country in Latin America to promulgate a national human rights plan, and it did so from a broad-based and democratic perspective. The plan was conceived and prepared on the basis of a consultation process in which civil society and the State participated fully. This fact has earned special recognition from the Office of the United Nations High Commissioner for Human Rights, which described the Ecuadorian plan as a model for other countries. Our country gives national priority to the project entitled “Towards a culture of peace”. In this context, under a presidential initiative, Ecuador is promoting wide-ranging activities linked to international efforts in accordance with the United Nations culture of peace project and the proclamation of the Year 2000 as the International Year for the Culture of Peace. Over the past year the international community has witnessed an aggravation of regional conflicts: war has left deep scars in various parts of the world. In this context, the United Nations has had to play a special role in resolving international conflicts, and its concerted and decisive action has enabled it to resolve some of them successfully. Nevertheless, strengthening our world Organization's activities in this field must be carried out in such a way that all measures taken under the Charter follow its principles faithfully so that the United Nations keeps the necessary international credibility and continues to be the legitimate mouthpiece and manager for collective action to maintain international peace and security. As a party to the Ottawa Convention on anti-personnel mines, and given that it has been directly affected by the problem of anti-personnel mines, the elimination of these weapons of war is of particular interest for Ecuador. Since the signing of the peace agreement with Peru, our two countries have begun removing and destroying the mines along the border. We are sure that the international community will continue to offer its cooperation in carrying out our two countries' demining programme. On behalf of Ecuador, I thank the States and organizations that have contributed or pledged to contribute to this cause. In the light of the realities of the situation facing humankind, Ecuador reaffirms its unwavering support for the multilateral system and, consequently, for the United Nations which, since its creation, has been the universal meeting place of all nations to work for the ideals and goals shared by all peoples inspired by the purposes and principles of the Organization. Ecuador draws its inspiration from the ideal of achieving a world of peace and freedom, of social justice and development, of fruitful coexistence of peoples and nations, a world in which Governments work together to solve the complex problems besetting humankind.