Forty-seven years ago I was a young man of 21, and, like thousands of others of my generation, I had gone off to war to help keep freedom alive. Forty-seven years ago this month the war was finally over, and I was looking forward to peace and the chance to begin my life in earnest: 1945 marked a moment of promise, not just for me, but for all of mankind. A great struggle against dictatorship had been fought and won. Across the globe, we all looked forward to a future free of war, a world where we might raise our children in peace and freedom, and this institution, the United Nations, born amidst the ashes of war, embodied those hopes and dreams like no other. But the hopes and dreams of 1945 remained unfulfilled: communist imperialism divided the world in two, our hopes for peace and our dreams of freedom were frozen in the grip of cold war, and, instead of finding a common ground, we found ourselves at Ground Zero. Instead of living on Churchill's The President returned to the Chair. "broad, sunlit uplands", millions found that there was, as Arthur Koestler so chillingly wrote, "Darkness at Noon". Instead of uniting the nations, this body became a forum for distrust and division among nations and, in a cruel irony, the United Nations, created to free the world of conflict, itself became conflict's captive. I too lived through those disputes; I sat where you sit, proudly so; I served in this Assembly and I saw, in my time, the consequences of the cold war's hot words on the higher missions of the United Nations. Now, 47 years later, we stand at the end of another war, the cold war, and our hopes and dreams have awakened again. Driven by its own internal contradictions and banished by the peoples' undying thirst for freedom, imperial communism has collapsed in its birthplace, and today Russia has awakened democratic, independent and free; the Baltic States are free; and so too are Ukraine, Armenia, Belarus, Kazakhstan and the other independent States joining the nations of Central and Eastern Europe in freedom. The fear of nuclear Armageddon between the super-Powers has vanished, and we are proud to have done our part to ensure that our schoolchildren do not have to practise hiding under their desks for fear of nuclear attack, as the generation before them did. I am proud also to salute the courageous leaders with nuclear responsibilities Presidents Yeltsin, Kravchuk, Nazarbayev, Shushkevich who joined me in ending the super-Power stand-off that risked nuclear nightmare. This is the first General Assembly session to seat you as truly independent and free nations, and to you and the leaders of the other independent States, I say welcome home: we are now truly united nations. With the cold war's end, I believe we have a unique opportunity to go beyond artificial divisions of a first, second and third world to forge instead a genuine, global community of free and sovereign nations, a community built on respect for principle, on peaceful settlement of disputes, on fundamental human rights and on the twin pillars of freedom: democracy and free markets. Already, the United Nations, especially the Security Council, has done much to fulfil its original mission and to build this global community. United Nations leadership has been critical in resolving conflicts and brokering peace the entire world over, but securing democracy and securing the peace in the century ahead will be no simple task. Imperial communism may have been vanquished, but that does not end the challenges of our age, challenges that must be overcome if we are finally to end the divisions between East and West, North and South, that fuel strife and strain and conflict and war. As we support the historic growth of democracy around the world, I believe the community of nations and the United Nations face three critical, interrelated challenges as we enter the twenty-first century. First, we face the political challenge of keeping today's peace and preventing tomorrow's wars. As we see daily in Bosnia, Somalia and Cambodia, everywhere conflict claims innocent lives; the need for enhanced peace-keeping capabilities has never been greater; the conflicts we must deal with have never been more intractable, the costs of conflict higher. Second, we face the strategic challenge of the proliferation of weapons of mass destruction, truly the fastest growing security challenge to international peace and order. Third, we face the common economic challenge of promoting prosperity for all, of strengthening an open, growth-oriented, free-market international economic order while safeguarding the environment. Meeting these challenges will require us to strengthen our collective engagement; it will require us to transform our collective institutions; and, above all, it will require that each of us look seriously at our own Government and how we conduct our international affairs. We too must change our institutions and our practices if we are to make a new world of the promises of today, if we are to secure a twenty-first century peace. With you today I would like to discuss these three challenges: peace-keeping, proliferation and prosperity. And I should like to use this opportunity to begin to sketch how I believe the international community can work together to meet these three challenges and how the United States is changing its institutions and policies to catalyze this effort. Let me begin with peace-keeping. The United Nations has a long and distinguished history of peace-keeping and humanitarian relief. From Cyprus and Lebanon, to Cambodia and Croatia, the blue beret has become a symbol of hope amid all that hostility. And the United Nations has long played a central role in preventing conflicts from turning into wars, and strengthening peace-keeping capabilities can help buttress these diplomatic efforts. But, as much as the United Nations has done, it can do much more. Peace-keepers are stretched to the limit while the demands for their services increase by the day. The need for monitoring and preventive peace-keeping putting people on the ground before the fighting starts - may become especially critical in volatile regions. This is especially the case because of the rapid and turbulent change that continues to shake Eastern Europe and Eurasia. Across the lands that once were imprisoned behind an iron curtain, peoples are reasserting their historical identities that were frozen in communism's catacomb. Where this is taking place in a democratic manner with tolerance and civility and respect for fundamental human rights and freedoms, this new democratic nationalism is all to the good. But, unfortunately, we need only look to the bloody battles raging in places such as the former Yugoslavia to see the dangers of ethnic violence. This is the greatest threat to the democratic peace we hope to build with Eastern Europe, with Russia and Eurasia, even more than economic deprivation. We fully support the efforts of the North Atlantic Treaty Organization (NATO), the Conference on Security and Cooperation in Europe (CSCE), the Western European Union (WEU), the Commonwealth of Independent States (CIS) and other competent regional organizations to develop peace-keeping capabilities. We are convinced, however, that enhanced United Nations capabilities are a necessary complement to these regional efforts, not just in Europe and Eurasia, but across the globe. I welcome the Secretary-General's call for a new agenda to strengthen the ability of the United Nations to prevent, contain and resolve conflicts across the globe. Today I call upon all Members to join me in taking bold steps to advance that agenda. I will therefore be discussing with my colleagues the merits of a special meeting of the Security Council to discuss the Secretary-General's proposals and to develop concrete responses in five key areas. First, robust peace-keeping requires men and equipment that only Member States can provide. Nations should develop and train military units for possible peace-keeping operations and humanitarian relief and these forces must be available on short notice at the request of the Security Council and with the approval, of course, of the Governments providing it. Secondly, if multinational units are to work together, they must train together. Many nations for example, Fiji, Norway, Canada and Finland have a long history of peace-keeping and we can all tap into that experience as we train for expanded operations. Effective multinational action will also require coordinated command and control and inter-operability of both equipment and communications. Multinational planning, training, field exercises will be needed. Those efforts should link up with regional organizations. Thirdly, we also need to provide adequate logistical support for peace-keeping and humanitarian operations. Member States should designate stockpiles of resources necessary to meet humanitarian emergencies, including famines, floods and civil disturbances. This will save valuable time in a crisis. Fourthly, we will need to develop planning, crisis management and intelligence capabilities for peace-keeping and humanitarian operations. Fifthly, we must ensure adequate equitable financing for United Nations and associated peace-keeping efforts. As I said, we must change our national institutions if we are to change our international relations. So let me assure you that the United States is ready to do its part to strengthen world peace by strengthening international peace-keeping. For decades, the American military has served as a stabilizing presence around the globe. And I want to draw on our extensive experience in winning wars, in keeping the peace, to support United Nations peace-keeping. I have directed the United States Secretary of Defense to place a new emphasis on peace-keeping. Because of peace-keeping's growing importance as a mission for the United States military, we will emphasize training of combat, engineering and logistical units for the full range of peace-keeping and humanitarian activities and we will work with the United Nations to best employ our considerable lift, logistics, communications and intelligence capabilities to support peace-keeping operations. And we will offer our capabilities for joint simulations and exercises to strengthen our ability to undertake joint peace-keeping operations. There is room for all countries, large and small, and I hope all will play a part. Member States, as always, must retain the final decision on the use of their troops, of course. But we must develop our ability to coordinate peace-keeping efforts so that we can mobilize quickly when a threat to peace arises or when people in need look to the world for help. I have further directed the establishment of a permanent peace-keeping curriculum in United States military schools. Training, plainly, is a key element. The United States is prepared to make available our bases and facilities for multinational training and field exercises. One such base, nearby, with facilities is Fort Dix. America used these bases to win the cold war and today, with that war over, they can help build a lasting peace. The United States is willing to provide our military expertise to the United Nations to help the United Nations strengthen its planning and operations for peace-keeping, and we will also broaden American support for monitoring, verification, reconnaissance and other requirements of United Nations peace-keeping or humanitarian assistance operations. And, finally, the United States will review how we fund peace-keeping and explore new ways to ensure adequate American financial support for United Nations peace-keeping and United Nations humanitarian activities. I do believe that we must think differently about how we ensure and pay for our security in this new era. While the cold war may have ended, the super-Power nuclear arms competition, regional competition, weapons of mass destruction continue. Over 20 countries have, or are developing, nuclear, chemical or biological weapons and the means to deliver them. At a time when the United States and its former adversaries are engaged in deep, historic cuts in our nuclear arsenals, our children and grandchildren will never forgive us if we allow new and unstable nuclear stand-offs to develop around the world. We believe the Security Council should become a key forum for non-proliferation enforcement. The Security Council should make clear its intention to stem proliferation and sanction proliferators. Reaffirming assurances made at the time the Treaty on the Non-Proliferation of Nuclear Weapons was negotiated, I propose that the Security Council reassure the non-nuclear States that it will seek immediate action to provide assistance, in accordance with the Charter, to any any non-nuclear-weapon State party to the non-proliferation Treaty that is a victim of an act of aggression or an object of threat of aggression involving nuclear weapons. I also call for the indefinite renewal of the nuclear non-proliferation Treaty when it is reviewed in 1995. I believe we must explore ways we can strengthen linkages between the suppliers "clubs", the nuclear-suppliers group, the Australia Group, the missile-technology control regime and United Nations specialized agencies. Here I would like to note the productive efforts of the United Nations Special Commission (UNSCOM) to dismantle the Iraqi weapons-of-mass-destruction programme, and the continuing good work of the International Atomic Energy Agency (IAEA). But as the United Nations organizations adapt to stop proliferation, so too must every Member State change its structures to advance our non-proliferation goals. In that spirit I want today to announce my intention to work with the United States Congress to redirect the United States Arms Control and Disarmament Agency (ACDA) to refocus its talents on providing technical support for non-proliferation, weapons monitoring and destruction, and global defence conversion. Under the direction of the Secretary of State, ACDA should be used not only in completing the traditional arms-control agenda but, just as importantly, in providing technical assistance on our new security agenda. Even as we work to prevent proliferation of weapons of mass destruction, we must be realistic and guard ourselves against proliferation that is already taking place. Therefore, we are working towards a cooperative system for defence against limited ballistic missile attacks. We fully intend to have other nations participate in this global protection system. While expanded peace-keeping capabilities and improved non-proliferation efforts will be critical for building an enduring peace, shared economic growth is the long-term foundation for a brighter future well into the next century. That is why I stated yesterday, during a moment of international uncertainty, that the United States would be strongly engaged with its global partners in building a global economic, financial and trading structure for this new era. At the same time, I urged that our global responsibilities lead us to examine ways to strengthen the Group of Seven (G-7) coordination process, and I affirmed America's support for a European integration that opens markets and enhances Europe's capability to be our partner in the great challenges that we face in this new era. While the exact form of integration is, of course, for Europeans to determine, we will stand by them. Economic growth is not a zero-sum process. All of us will benefit from the expanded trade and investment that comes from a vibrant, growing world economy. To ensure that the benefits of this growth are sustained and shared by all, fair and open competition should be the fuel for the global economic engine. That is why the United States wants to complete the Uruguay Round of the negotiations within the General Agreement on Tariffs and Trade (GATT) as soon as possible, and to create a network of free-trade agreements, beginning with the North American Free Trade Agreement. At the same time, we need to recognize that we have a shared responsibility to foster and support the free-market reforms necessary to build growing economies and vibrant democracies in the developing world and in the new democratic States. This should be done by promoting the private sector to build these new economies, not by fostering dependency with traditional Government-to-Government foreign aid. After the Second World War, foreign assistance often served as a weapon in the cold war. Obviously, we will still use critical foreign-assistance funds to meet legitimate security needs. And, as our humanitarian operations in Somalia and northern Iraq, Bosnia and the former Soviet Union will testify, we will continue our robust humanitarian assistance efforts to help those suffering from man-made and natural disasters. But foreign aid as we have known it needs to be transformed. The notion of the handout to less developed countries needs to give way to cooperation and mutually productive economic relationships. We know this: the more a nation relies on the private sector and free markets, the higher its rate of growth; the more open to trade it is, the higher its rate of growth; and the better a country's investment climate, the higher its rate of growth. To move from what I would call aid-dependency to economic partnership, we propose to alter fundamentally the focus of United States assistance programmes to building strong, independent economies that can become contributors to a healthy, growing global economy. That means that our new emphasis should be on building economic partnerships among our private sectors that will promote prosperity at home, and abroad also. Working with our Congress I will propose a top-to-bottom overhaul of our institutions that plan and administer foreign assistance, drastically reducing the bureaucracy that has built up around Government-based programmes, streamlining our delivery systems and strengthening support for private-sector development and economic reform. The Agency for International Development (AID), another institution born during the cold war, needs to be fundamentally and radically overhauled. Promoting economic security, opportunity and competitiveness will become a primary mission of the State Department. Our assistance efforts should not be charity. On the contrary, they should promote mutual prosperity. Therefore, using existing foreign-affairs resources, I will propose creating a $1 billion growth fund. The fund will provide grants and credits to support United States businesses in providing expertise, goods and services desperately needed in countries undertaking economic restructuring. I will also support significantly increasing the programmes of the Export-Import Bank to ensure that United States products and technology promote investment in world-wide economic growth. The United States will work with its global partners, especially the G-7 nations, to enhance global growth at this key point in world history, as we end one era and begin another. None of us can afford insular policies. Each of us must contribute, through greater coordinated action, to building £ stronger world economy. I realize that what I have outlined today is an ambitious agenda. But we live in remarkable times: times when empires collapse, ideologies dissolve and walls crumble; times when change can come so fast that we sometimes forget how far and how fast we have progressed in achieving our hopes for a global community of democratic nations. And in the face of today's changes, with the loss of so much that was familiar and predictable, there is now a great temptation for people everywhere to turn inward and to build walls around themselves walls against trade, walls against people, walls against ideas and investment, walls against anything at all that appears new and different. As the Berlin Wall fell, these walls too must fall. They must fall because we cannot separate our fate from that of others. Our peace is so interconnected, our security so intertwined, our prosperity so interdependent, that to turn inward and retreat from the world is to invite disaster and defeat. At the threshold of a new century we can truly say a more peaceful, more secure, more prosperous future beckons to us. For the sake of our children and our grandchildren, for the sake of those who perished during the cold war and for the sake of every man, woman and child who kept freedom's flame alive even during the darkest noon, let us pledge ourselves to make that future real, and let us pledge ourselves to fulfil the promise of a truly United Nations. Thank you and may God bless you all.