I wish at the outset to convey my warm congratulations to Mr. Harri Holkeri of Finland on his election to the presidency of the General Assembly at its fifty-fifth session and to reaffirm our confidence in his ability to guide our work at this session. The delegation of Guinea-Bissau, which it is my privilege to head, assures the President of its full cooperation. Our congratulations go also to his predecessor, Mr. Theo-Ben Gurirab, who fulfilled his mandate in a constructive manner, thus making an important contribution to the work of the General Assembly. We wish also to express our trust and appreciation to the Secretary-General, Mr. Kofi Annan, and to thank him for the important steps that have been taken on his initiative towards substantive reform of the United Nations and towards bolstering the Organization's international credibility. The universality of the United Nations gains whenever a new Member State is admitted. By joining the United Nations, Tuvalu has affirmed to the international community that it will shoulder responsibility for the full exercise of its sovereignty. Its accession to membership has reinforced the representative nature of this world forum. In the third millennium, with our eyes focused on a new century, we are passing through a historic period in which new and significant events give rise to new hopes on the international scene. This diagnosis, however, encompasses both hope and scepticism, for it shows that the transitional period we are living through involves factors of both integration and disaggregation. If, on the one hand, the end of bipolarism that dominated international relations diminished ideological antagonisms, this new and unprecedented process, by undoing old political and strategic balances, is promoting democratic impulses, freeing the energy of States and creating space for a new international order more in line with our times. On the other hand, the rise of nationalist aspirations, supported by the yearning for the right to free evolution, has had the effect of triggering old conflicts, some of them forgotten in time. This phenomenon has led to an exponential growth of conflicts that menaces the internal cohesion of States as well as international peace and security. It was predicted, and legitimately so, that the international economy would be able to take advantage of the peace dividend resulting from the end of the arms race. It had been expected that those resources would be invested in the poorest countries and, thus, would have contributed to the acceleration of global economic growth and development. Our perception, however, is that, due to the present state of international economic relations, those optimistic expectations have not come to fruition. As the international balance of power has changed, the relative position that placed different countries in the international, political and economic pecking order has also changed. The very nature of relations among States has also been transformed. However, the rules and practices giving structure to a new international order are yet to be defined. Our perception is that this is the main unresolved issue. This calls for the community of nations, through our common institutions, to work determinedly together in order to bring the present transition to a successful end. To do so, it will be essential to empower the system of collective security embodied in the United Nations. In particular, we attach great importance to the revitalization of the General Assembly and the rationalization of its agenda. We also feel there is a need to reform the Security Council so that that organ, which has special responsibilities, will be able to fulfil its original mission and be reborn as the main political instrument for action in the United Nations. Expectations without precedent devolve upon the United Nations. We should all strive to find a solution to the present structural and financial crises faced by the Organization. It will be necessary to reactivate its dynamism in order to implement the 'Agenda for Peace' and to make the 'Agenda for Development' a reality. It is widely known that Guinea-Bissau has just overcome the gravest crisis the country has experienced in its recent history. We are still convalescing from the terrible effects of an absurd and disastrous war. In addition to irreparable loss of life, Guinea-Bissau society was deeply traumatized by a conflict that almost destroyed the entire existing infrastructure. Guinea-Bissau was made more impoverished and more vulnerable. Its reconstruction, the foundations of which are fragile, will be very difficult, because even simple tasks have assumed urgent priority. The urgency and the sheer volume of the effort needed to rebuild the country go far beyond the limited possibilities of a Government that is near exhaustion. In order to succeed, that effort will need to be supplemented by the effective participation of every partner of Guinea-Bissau. In this new period of the restoration of democratic legality, the people of Guinea-Bissau have elected their new Government within the framework of a pluralist democracy. The new National People's Assembly has approved a general programme of action, prepared by the Government, which defines a strategy for sustainable development aimed at implementing the priorities identified, in cooperation with Guinea- Bissau's partners. This programme of action and the project of building a new society, required by the evolution of the situation in Guinea-Bissau, have been set out by Guinea-Bissau's new President, who was freely elected by the people. Aware of the sacred responsibility incumbent upon him, President Kumba Yal· has committed himself to upholding the programme of action. As on past occasions when we were beneficiaries of timely and precious solidarity extended by the international community, we are hopeful that the political, economic and social progress of Guinea- Bissau will be further supported and maintained. Amilcar Cabral, the founder of our nation, considered himself and the other Guinea-Bissau freedom fighters to be combatants for the noble causes upheld by the United Nations. Today, after the heroic struggle that led to our independence, and thanks also to the support received from the international community and the United Nations, Guinea-Bissau is participating in the highest world diplomatic forums with serenity and determination, embarking on an unrelenting search to improve on the heritage of our forebears. Therefore, acting with responsibility and specificity, Guinea-Bissau has undertaken its own initiatives, as well as presenting proposals aimed at the defence of its interests and at contributing to the advancement of the causes of peace and international cooperation. We recognize that in today's international situation, rife with conflicts and contradictions, the United Nations remains, without a doubt, the necessary forum for the development of the activities undertaken by our Government to affirm the international presence of Guinea-Bissau. The five African Portuguese-speaking countries, joined with Brazil, Portugal and Timor Lorosae the latter still being an observer to form the Community of Portuguese-Speaking Countries. This Lusophone Community is characterized by solidarity and tolerance, based upon shared sentiments and perceptions rooted in a melding of cultures that expresses the experience of our respective peoples. We would like to salute the development in the processes of democratization of Government structures that is now occurring in Sao Tome and Principe, Mozambique and Cape Verde, similar to what happened in Guinea-Bissau. This will allow our Governments to better respond to the legitimate aspirations of our peoples. We wish to express our solidarity with the Angolan Government and people, which have experienced the nightmare of almost 40 years of war. We support the efforts in search of peace and national reconciliation. We strongly favour the implementation by the United Nations of the Lusaka Protocol and the full implementation of the sanctions established by the Security Council. In our West African subregion, Guinea-Bissau has tried, and to a certain extent has attained, in terms of its will for integration, a political commitment aimed at improving our relations with neighbouring countries so as to promote the cause of peace. In this spirit, we recognize that in its essence the conflict of Casamance is an internal issue of Senegal. As such, we also perceive its negative consequences on the neighbouring States. Our country is ready to work in the search for a just solution to and peaceful resolution of that conflict. 40 We feel, however, that we are neither a part of the problem nor its source of origin. The constructive actions undertaken by Presidents Kumba Yal· of Guinea-Bissau and Wade of Senegal, with the support of President Jammeh of the Gambia, allow us to look with optimism to the future evolution of that issue. We deeply deplore the tragedy that has befallen Sierra Leone, a country of our subregion. The increased violence in that country has resulted in a humanitarian disaster. We urge the belligerent factions and the Government of Sierra Leone to cooperate with the international community in order to find a definitive solution to that fratricidal conflict. The situation in the Democratic Republic of the Congo and in the Great Lakes region continues to be a source of concern to Guinea-Bissau. It is necessary to summon the political will of the countries of the region to diminish the tension and to continue to search for a just solution. The Lusaka accords are the result of the perseverance of the parties involved and should be implemented rapidly and comprehensively. They are the essential framework for the resolution of the conflict. We are convinced that the implementation of Security Council resolution 1291 (2000), which established the United Nations Organization Mission in the Democratic Republic of the Congo, represents the road to peace. In the Horn of Africa, Guinea-Bissau welcomes the acceptance by Ethiopia and Eritrea of the peace plan put forward by the Organization of African Unity. We encourage both parties to persist on the path of dialog and negotiation and to continue to cooperate with our continental organization. In the immediate vicinity of our continent, the Middle East peace process is entering a decisive period. This process and the quest for equanimity should be accelerated in order to ensure a lasting and just peace that respects the inalienable right of the Palestinian people to an independent State of its own, as well as the right of all States of the region, including Israel, to national independence. Far from the African continent, Guinea-Bissau continues to pay special attention to the issue of East Timor. We are linked to that territory by special historic and cultural bonds and we are therefore closely following the work of the United Nations Transitional Administration in East Timor and the recent establishment of a transitional Government. We hope that the process will culminate in the full independence of Timor Lorosae and with its admission as a full Member of the United Nations. Finally, we believe that the situations created by the imposition of embargoes against certain countries, in which sanctions affect the poorer sectors of the populations, particularly women and children, should be addressed through dialogue and negotiation with a view to finding a definitive solution. In the age of globalization, we should not lose sight of the human being and its vital needs. If it is legitimate that all parties have the right to expect profit from progress, it is also correct that we should seek economic growth with social equity. Mankind faces many challenges, among which achieving comprehensive development is without doubt the most important, because the lack of development is the main source of the conflicts that lead to the crises afflicting our planet. Therefore, if we wish globalization to live up to its promise, we should learn better to work and to act together in order to correct its negative effects. It is urgently necessary to give momentum to the North-South dialogue on the basis of equality and to develop a wide network of South-South cooperation with a view to minimizing the risks of globalization. That effort must be fully supported by the international community with a view to a true partnership for development. Such partnership, in our view, should enable us to find the modalities of a coherent international action to ensure sustainable economic growth in the context of true development. The structural adjustment policies adopted by the majority of African countries are, per se, clear proof of their willingness to improve the management of their national economies. Nevertheless, in most cases, the response of our development partners has not been in line with the sacrifices demanded and the urgency of the problems identified. From our point of view, it is necessary to identify the mechanisms needed to promote a true social adjustment, keeping the human individual as its central point of reference. In this context, the collective challenge we face is to stress a dynamic image of international solidarity, which may be translated into effective action for social and economic cooperation in favour of developing countries. 41 Our gathering here at the General Assembly represents the best opportunity to correct the imbalances that destabilize the global process. We need to muster the determination of all our countries in order to raise relations among States to the high level of dignity required by our shared future.