On behalf of the delegation of Viet Nam, permit me at the outset to extend my warmest congratulations to His Excellency Mr. Stoyan Ganev, Minister for Foreign Affairs of the Republic of Bulgaria, on his election to the presidency of the General Assembly at its forty-seventh session. I am sure Mr. Ganev's guidance of this session of the General Assembly will make it a success. We also wish to express our appreciation for the outstanding contribution of His Excellency Mr. Samir S. Shihabi, President of the General Assembly at its forty-sixth session. We should also like to express our great appreciation of the untiring and dynamic efforts of by His Excellency Mr. Boutros Boutros-Ghali, Secretary-General of the United Nations, in the noble cause of peace, security and cooperation among nations. On this occasion I cannot fail to convey warm greetings to the new Members of our great family, the United Nations. Since the last session of the General Assembly, we have continued to witness profound and far-reaching changes on a global scale. Those changes have led to the disintegration of the international order that came into being after the Second World War and that had existed for nearly half a century. The new world situation opens up new opportunities for but at the same time presents acute challenges to the peace, security and prosperity of each nation, as well as that of the international community as a whole. With the threat of annihilation by nuclear war receding and no longer hanging over the peoples of the world like the sword of Damocles, all nations might expect to live in a world of peace, security, justice and prosperity, with egalitarian, mutually beneficial cooperation and the joint application of the miraculous achievements of the modern scientific and technological revolution to the benefit of each country's and the whole world's development and well-being. Regrettably, the overall picture of today's world is far from being promising. We fully share the view expressed by the leaders of the non-aligned countries in the Jakarta Message of 6 September 1992: "The world today is still far from being a peaceful, just and secure place. Simmering disputes, violent conflicts, aggression and foreign occupation, interference in the internal affairs of States, policies of hegemony and domination, ethnic strife, religious intolerance, new forms of racism and narrowly conceived nationalism are major and dangerous obstacles to harmonious coexistence among States." Concurrently with the settlement of some regional conflicts, we have witnessed the outbreak of a series of new conflicts on several continents, even in the heart of Europe, a continent that should have enjoyed peace and stability thanks to the Helsinki mechanism of cooperation and security. In practice, policies of embargo, coercion and diktat are still being pursued by some countries or groups of countries against others, thus hindering the latter's development. The global economic environment also contains elements of uncertainty. The rate of economic growth has fallen to its lowest level in many years. The symptoms of a new financial crisis, which could shake the international monetary system, can be perceived. Tendencies towards greater protectionism and the deadlock in the Uruguay Round are only worsening the economic situation of many countries, especially the developing countries. Even more worrisome is the inexorably widening gap between the developed industrial countries and the developing countries. We cannot remain indifferent to the poverty and hunger suffered daily by millions of men and women across the continents. The famine in many countries, most severe in some African countries like Somalia and the Sudan, is deeply moving and calls for vast emergency assistance from other countries and from international organizations. In view of the above-mentioned opportunities and challenges, it is imperative for States and nations to step up cooperation to promote their own development and at the same time to join forces in solving global problems and in contributing to the building of a new, sounder and better world order based on truly democratic and egalitarian international relations, mutual respect and reciprocal benefit for the sake of the overall objectives of peace and development. In this regard, we welcome the initial results of the United Nations Conference on Environment and Development at Rio, especially Agenda 21, aiming at the goal of sustainable development. The immediate question, however, is that of securing the financial and technological resources needed to implement Agenda 21. The social dimension, including the concern for children, assumes the same long-term significance as regards both sustainable development and the environment. As is shown in the report of the Secretary-General, in the follow-up to the Plan of Action adopted by the World Summit for Children, much has been done in the past two years, but our commitment and our action need to be imbued with even greater universality. For its part, Viet Nam was the first country in Asia to ratify the Convention on the Rights of the Child. We have finalized our national programme of action and have just submitted, within the specified time-frame, our first national report on the implementation of the Convention. Against the backdrop of the evolving international situation, Asia and the Pacific reflect fairly clearly the characteristics of today's world. While several nations have seized opportunities to achieve rapid development, not a small number of others remain mired in a state of underdevelopment, deprivation and poverty. Alongside the trend towards cooperation, some seeds of potential conflicts are being sown. We are pleased to note that South-East Asia is now entering a new stage with fine prospects for peace and prosperity. The erstwhile complicated bilateral relations have been and are being normalized and the trend towards regional cooperation and integration, in order to achieve stability and development, is gaining great momentum. Relations of good-neighbourliness, mutual trust and understanding are gradually being established in the region. These are indeed historic developments in the international relations of South-East Asia, which had been a constant hotbed of war and tension for the past half century. However, as in many other areas in the world, there remain latent factors of destabilization, factors that are a legacy of the past or arise from recent events, especially those relating to territorial borders either on the land or on the sea, between the countries of South-East Asia and those near to them. This is a cause of concern for countries within and outside the region because of the danger of destabilization in that important part of the world. It is our view that global security is indivisible. This is true at the global as well as the regional level. Security can be achieved in South-East Asia only when security is assured for each country in the region, it being understood that such security is multifaceted: military, political and economic. To that end, various positive initiatives and proposals have been put forward by countries in the region, such as the Zone of Peace, Freedom and Neutrality in South-East Asia (ZOPFAN), the Free Trade Area (AFTA) of the Association of South-East Asian Nations (ASEAN), the ASEAN Manila Declaration of 22 July 1992, Malaysia's East Asian Economic Grouping (EAEG), Indonesia's Forum on Cooperation in the Eastern (South China) Sea, and the seven principles governing relations among the countries of South-East Asia set forth by the Lao People's Democratic Republic. These proposals and initiatives have contributed, and are still contributing, to a large extent to the strengthening of mutual trust and understanding among nations in the region, thus fostering further regional cooperation. With regard to the problems that emerged recently over the Eastern Sea, it is our view that they should be solved appropriately through peaceful negotiations, without resort to force or the threat of force that is, on the basis of fundamental principles acceptable to all the parties concerned; otherwise, the situation may take a negative and complex turn. For Viet Nam's part, while firmly resolved to defend our sovereignty and territorial integrity, we advocate the settlement of all disputes through dialogue between the parties concerned, so as to achieve an appropriate solution together. Pending such a solution, Viet Nam will exercise the utmost restraint and refrain from any action that might adversely affect efforts towards confidence-building and the relaxation of tension in the relations among countries of the region, and hopes that other parties concerned will do the same. We are convinced that with good will on the part of all parties concerned, an appropriate solution can be found to any dispute, no matter how complex it may be. In this spirit, we reiterate our full support for the four principles put forward in the ASEAN Declaration of 22 July 1992 to serve as a basis for the settlement of disputes and to ensure security in the Eastern Sea. These principles are as follows: First, all sovereignty and jurisdictional issues pertaining to the Eastern (South China) Sea shall be resolved by peaceful means, without resort to force; secondly, all parties concerned shall exercise restraint with a view to creating a positive climate for the eventual resolution of all disputes; thirdly, the possibilities of cooperation in the Eastern Sea shall be explored without prejudicing the sovereignty and jurisdiction of countries having direct interests in the area; and, fourthly, the principles contained in the Treaty of Friendship and Cooperation in South-East Asia shall be applied as the basis for establishing a code of international conduct over the Eastern Sea. Fruitful discussions in a spirit of constructive cooperation, based on equality and mutual respect between Viet Nam and, respectively, Malaysia, Indonesia and Thailand, on questions relating to the Eastern Sea, have proved to be the best way to settle problems in relations among countries of the region. The countries of the region and the international community support the implementation of the Paris Agreements on Cambodia, with a view to building a peaceful, independent and neutral Cambodia, living in national harmony, enjoying friendly relations with all countries and contributing to regional peace and stability. However, we share the international community's concern that the implementation of the Paris Agreements is being impeded and we call upon all the parties concerned to cooperate in order to ensure the strict and full implementation of these Agreements. For its part, as a signatory to the Paris Agreements, Viet Nam reaffirms its strict observance and full implementation of the provisions concerning Viet Nam, as stipulated by the Agreements. At the same time, Viet Nam denounces the acts of ostracism and persecution against Vietnamese residents in Cambodia and categorically rejects the slanderous allegations against Viet Nam by those whose only aim is to cover up their activities which undermine the Paris Agreements. The internationalization of the world economy and the trend towards economic restructuring require reform and resolute participation of national economies, including that of Viet Nam, in the international division of labour, economic cooperation and world trade. Over the last 5 years, thanks to the judicious policy pursued and the exceptional efforts exerted by the Vietnamese people, the cause of reform and renewal in Vietnam has effectively become part of everyday life and brought about initial but very significant achievements in all spheres of social life. The energies of all economic sectors in our country have been released and multiplied. Together with the expansion of cooperation with the outside world, such developments have brought about visible changes in the economic and social make-up of the country which is thus poised to forge ahead. Life however always poses new demands. While carrying out the task of economic reform as the centrepiece of our efforts we are at the same time stepping up political reform and renewal. These are the two facets of one single process which interact and stimulate each other. The political reform is aimed at extending the democratic freedoms of our citizens in all respects, restructuring the political system and building a State governed by the rule of law, truly of the people, by the people and for the people. Our new Constitution, promulgated in April this year, is not only a concrete embodiment but also the institutionalization of this reform process. One of the essential elements of this new Constitution is to ensure strict respect for the fundamental rights of the citizen. Proceeding from the great principles enshrined in Viet Nam's 1945 Declaration of Independence, whereby "all peoples of the world are born equal; every nation is entitled to the same rights to life, happiness and freedom", we hold the view that each State and each nation strives for the ideal of democracy and freedom in its own way, creatively rather than through a stereotyped or dogmatic approach, and still less through the adoption of models imposed from outside. Each nation is entitled to the sacred right freely to choose its own socio-political system, to chart its own path of development and to tackle its own problems in accordance with its historical, cultural and social traditions. It is unacceptable for one nation to impose standards of democracy and human rights upon another nation, and it is all the more unacceptable for one nation to stand as judge over another nation. Carrying out its foreign policy of broad openness, diversification and greater multilateral emphasis in its international relations, during recent times Viet Nam has strengthened and expanded its relations with many countries in the world on the bases of mutual respect for each other's independence, sovereignty and territorial integrity, of non-interference in each other's internal affairs, and of equality and mutual benefit. We attach special importance to improving and strengthening relations of friendship and cooperation with countries in our region and to making a positive contribution towards a South-East Asia of peace, stability, cooperation and development. Relations between Viet Nam and the countries of the Association of South-East Asian Nations (ASEAN) have entered a completely new phase. Our country's accession to the Treaty on Amity and Cooperation in South-East Asia, signed at Bali in 1976, and its becoming an observer in ASEAN constitute the foundation for a qualitatively new development of the relations of friendship and cooperation between Viet Nam and the ASEAN countries. Relations between Viet Nam and China have been normalized on the basis of the five principles of peaceful coexistence, in keeping with the aspiration and interests of the two peoples and with the trend towards peace, stability and development in the region. We believe that these fundamental interests will help the two countries settle in a satisfactory manner and through peaceful negotiations outstanding as well as newly emerging problems in their relations on the basis of respect for each other's independence, sovereignty and legitimate interests. Our foreign policy is geared to combining continuity and dynamism in our relations with all countries, large and small. We are doing our utmost to consolidate and renew traditional relations with friendly countries and with countries members of the Non-Aligned Movement, and we continue to extend solidarity and support to the cause of the Palestinian and South African peoples and to all other peoples struggling for peace, national independence, democracy and social progress. We continue to strengthen existing relations with countries in various continents and at the same time enter into relations with countries in regions with which we have had only rare contacts in the past, such as recently with countries in the South Pacific, the Gulf and Latin America. The normalization of relations between Viet Nam and the United States will benefit not only the Vietnamese and the American peoples but also peace and stability in South East Asia. We have turned the page on past history and look forward to the future. Proceeding from this spirit and from our humanitarian policy, we have done whatever possible in cooperating effectively with the United States to settle the question of Americans missing in action during the Viet Nam war. Our constructive efforts and goodwill have been welcomed by the American public and acknowledged by the United States Administration. We are of the view that today multilateralism, especially as embodied by the United Nations, occupies an increasingly significant position. However, we should define the appropriate degree of separation and correlation between the multilateral dimension and the national dimension. It should be emphasized that isolationism is outmoded but national sovereignty forever remains a sacred value, which all countries, large and small, are determined to defend. World developments over the past year have rendered ever more imperative the demand for the democratization of international life and inter-State relations, including the democratization of multilateral forums, especially the United Nations. In the new context, the composition of the Security Council and the balance between the Council, the General Assembly and the Secretary-General of the United Nations must reflect the realities of a world which has radically changed as compared with the time when the United Nations was born, and even with only a few years ago. We endorse the idea of re-examining and enlarging the composition of the Security Council, with due attention to developing countries, with a view to fully implementing the principle of equality between all Member States and ensuring that the voice of the majority is duly heard in the process of making decisions on issues of critical importance to the international community. Our world body must be revitalized so that it can really be an effective multilateral tool for keeping and safeguarding peace, contributing to the solution of global issues and especially for building a sounder and more equitable new world order that will be the fruit of our truly common endeavour. Within its foreign policy of sovereign independence, peace, cooperation and openness, Vietnam will do its best to participate actively in the work of multilateral institutions and forums, thereby to promote further its integration into the international community and the world economy and to contribute to shaping a sound and equitable new world order that really meets the legitimate expectations of the community of nations.