I join previous speakers in congratulating the President on his well-deserved election to preside over this Millennium Assembly. I am confident that, with his wisdom and consummate diplomatic skill, he will steer the Assembly to a successful conclusion. Let me also express our appreciation to Mr. Theo- Ben Gurirab, Foreign Minister of Namibia, for his 24 exemplary leadership as president of the General Assembly at its fifty-fourth session, especially in the run-up to the Summit. Secretary-General Kofi Annan also deserves our unqualified tribute for his innovative leadership to prepare the United Nations for greater challenges ahead. Nepal wholeheartedly welcomes Tuvalu as the newest member of the United Nations family. We congratulate the people and Government of that Pacific island country on this happy occasion of joining the world body as an independent nation. Last week the heads of State and Government assembled in this Hall of the people to ponder measures to address the challenges of the twenty-first century, and reaffirmed their faith in the United Nations as the central instrument for promoting peace, prosperity and justice. The vision given us by the Summit's Millennium Declaration will be a guide for the global community, and particularly for the United Nations, in the days ahead. Nepal welcomes the Declaration and pledges its commitment to implement it with the utmost seriousness. My Prime Minister, addressing the Summit, expressed the view that the future will judge us by the ability of our leadership to make a difference in people's lives. We in Nepal expect the global community to work in cooperation and solidarity, in a true spirit of partnership, to change for the better the destiny of every man, woman and child around the world. As we enter a new century and a new millennium, the world is replete with paradoxes. It now has fewer inter-State wars, but numerous civil wars. Science and technology have made unprecedented advances, but diseases like AIDS still defy treatment. More people enjoy democracy and freedom, but terrorism still draws youth. The walls of frontiers are crumbling in the globalized economy, but the assertion of cultural identity has increased. The United Nations has to work in the midst of these paradoxes. The United Nations has succeeded remarkably in bringing peace in some situations and failed in others. Its involvement has eased tensions in the Central African Republic and Tajikistan. East Timor is heading into independence in relative calm. Kosovo is engaged in building democratic institutions. Israel has withdrawn its forces from southern Lebanon, a withdrawal which has vastly improved the prospects of a comprehensive peace in the Middle East. Still durable peace remains as elusive as ever. In essence, it entails a culture of peace founded on disarmament and the peaceful resolution of conflicts, as well as on measures that remove the root causes of conflict — poverty and exclusion. Lasting peace cannot be secured until nuclear weapons, which constitute the major threat to global security, are eliminated in a time-bound manner. Nor can it be achieved without the complete eradication of other weapons of mass destruction. We consider that weapons delivery systems and the so-called national missile defence systems threaten the peace as well. Small arms and light weapons have killed more people than all weapons of mass destruction combined. We must turn our backs on the guns by controlling small arms and light weapons. In this context, we welcome the proposed conference on small arms to be held in 2001. Conflicts disturb Africa, Asia, Europe and Latin America. The Middle East is yet to conclude the final settlement and be at peace with itself. The Balkans are still rife with dispute, though of a lesser extent now. South Asia is in the perennial pain of low intensity war. Terrorists are on the prowl in many places, exploiting the fragility of States. As a result, thousands of innocent lives have been lost. The action of the Security Council, which is the world's sentry, has been too little, too late in many situations; it has let emerging disputes descend into full-blown conflicts. Nepal urges the Security Council to act in a timely manner, promptly, decisively and adequately to prevent conflagrations. Nepal has always been an active participant in United Nations peace operations. Nepalese peacekeepers have served with impeccable professionalism and dedication and have earned a name for themselves. Many valiant Nepalese Blue Helmets have laid down their lives in the service of world peace. The recent death of Private Devi Ram Jaishi, a Nepalese peacekeeper, while defending peace in East Timor, rekindles our commitment to abiding peace, wherein no one needs to lose a father, husband or son to violence. As host to the United Nations Regional Centre for Peace and Disarmament in Asia and the Pacific, Nepal 25 is strongly committed to enhancing the Centre's contribution to peace and disarmament, and is fully prepared to meet its obligation to house the Centre in Kathmandu. The report (A/55/305) of the panel on the United Nations peace operations provides a wealth of ideas to put peacekeeping on a sound footing and to improve peace and security in the world. My delegation agrees with the tenor of the report, and will be willing to examine it in greater detail as it comes up for closer scrutiny. A survey of the present trouble spots on earth would lead us to one unmistakable conclusion: most conflicts have poverty and exclusion at their root. All too often, we tend to treat the symptoms, not the cause. Nepal strongly believes that a durable peace will continue to elude us as long as we do not eliminate dehumanizing poverty and deprivation. Prime Minister Koirala aptly described at the Summit the vicious circle of poverty and conflict, and asked the world community to redouble its efforts to reduce poverty in search of peace. That deserves serious consideration. Today more than one fifth of humanity lives on less than a dollar a day. Poverty, illiteracy and diseases are rife in the poor countries. Unemployment among youth is rampant. A growing population finds itself scrambling over shrinking resources in a stagnant economy, which has been the case in most developing countries. The AIDS pandemic has become a major scourge of the developing world, particularly in Africa. Unscrupulous leaders, often for narrow political gains, fish in the troubled waters and incite violence, which shatters the fragile economy further, making the next cycle of violence inevitable and even more deadly. If we are ever to achieve lasting peace, we must reduce poverty and build peace from there. We subscribe to the targets, suggested by the Secretary- General in his report (A/54/2000), and adopted by the Summit, to reduce poverty and promote development in the developing countries. World conferences, one after another, have concluded that this is the only way forward. A series of their mid-term reviews has reaffirmed this conclusion; yet, sadly, nothing much has changed. In global forums, both North and South have agreed to work together for accelerated growth and development in the South, to open the markets in the rich countries to the products of the poor countries and to improve access of the developing countries to technology in the advanced countries; to relieve the poor countries of their debt obligations; and to promote social development and human rights. The global commitments are forgotten before the ink on them dries. We must narrow the gap between what we say and what we do. Most advanced countries have, for instance, sorely lagged in meeting their pledges of development assistance. More aid now means no need for it later. Nepal commends those rich countries that have met the aid targets, and urges others to do so. It is disturbing that the United Nations funds and programmes, which are the main sources of unconditional assistance, have been facing a decline in their resource base; we call on the global community to replenish their fungible resources. Although global trade has increased several times in the last few years, the developing countries — especially, the least developed ones — are losing ground as their share in world trade diminishes, due mainly to the declining terms of trade for them. Globalization has gained momentum as people, trade and services move across borders at an exceptional speed. And information technology has opened a whole new vista of communication, including e-commerce. Much as both of these phenomena have potential benefits for all, they have benefited some more than others, widening the disparity between the rich and the poor. We believe that the wealthy countries, together with the World Trade Organization, must work towards more equitable and rule-based trade to narrow the income gaps, promote equitable globalization and bridge the digital divide. Countries in the South are sinking under the unbearable burden of foreign debt. While we appreciate the Heavily Indebted Poor Countries Debt (HIPC) Initiative of the rich countries, we also urge them to expedite its implementation and expand its scope to cover all the least developed countries and other countries in serious difficulties, not of their own making. Foreign direct investment has become a motor of growth for a few, but the vast majority of developing countries remain untouched by this new phenomenon. Understandably, markets drive investors in their investment decisions, yet Nepal believes that our development partners can encourage investors, through 26 a vigorous guarantee and incentive scheme, to invest in those countries that have yet to see much foreign direct investment. The unsustainable patterns of production and consumption in the rich countries, together with the population pressure in the poor countries, have taken a high toll of the environment, the common human heritage. The global agreements to promote sustainable development and to reduce greenhouse gases remain largely unfulfilled. As for Nepal, we have taken measures to preserve the environment through establishing norms, reducing pollutants, extending the forest coverage and building the green component into development projects. We are also studying the Kyoto Protocol with a view to becoming a party to it. The least developed countries, particularly the land-locked ones like Nepal, are confronted with the most formidable challenges of development. Over the years poverty in these countries has increased and their share of world trade has sharply declined. In Nepal, for instance, more than 50 per cent of the people are illiterate and live below the poverty line. Lack of access to the sea not only makes transportation difficult for us, but also deprives us of sea-based resources. These disadvantaged countries therefore need special measures to overcome their development constraints, including better transportation facilities for the land- locked countries so that they can reduce poverty and join the global economic mainstream. We believe that the conference on the least developed countries to be held in Brussels next year will open up a new vista of cooperation for their development. Nepal hopes that the high-level event on financing for development next year will find reliable means for funding development in the developing world. It must energize both North-South and South- South cooperation to fulfil shared objectives. As a functioning democracy, Nepal is committed to human rights and good governance. We have a Government that is accountable to people and pledged to serve them best. As democracy, development and human rights reinforce each other, we strive to promote them together so that people have the opportunity to realize their full potential. Nepal is a party to most human rights instruments, and we hold the view that civil and political rights are as important as economic, social and cultural rights — including the right to development, for the healthy progress of society. Therefore we oppose any selective use of human rights values to suit vested political interests. I also wish to report to the Assembly that Nepal has recently freed the remaining few thousand bonded labourers and established the National Human Rights Commission. During the Summit we also signed the optional protocols to the Convention on the Rights of the Child, protocols on the sale of children and on children in armed conflicts. Today more than 22 million people have taken refuge outside the country of their origin, and millions are displaced within — sometimes because of natural calamities, but very often because of their Governments or because of terrorists. Nepal itself has nearly 100,000 refugees from Bhutan; their presence has created economic, social and environmental problems for us. Nepal believes that both State and non-State actors must respect the human rights of the weak and vulnerable, including those of women and children. The security of small States has remained a perennial concern for us. During the cold war the fear was of being trampled in the super-Power rivalry; in the post-cold-war era the fear is that small States will be economically, militarily or politically bullied if they act in a manner that incurs the wrath of the stronger States. It is saddening that even the United Nations is forced frequently to acquiesce to the designs of the powerful. We urge the international community to uphold the rule of law and the rich and powerful countries to respect the right of small States to sovereign independence, something they zealously guard themselves. Whenever there are problems anywhere on the length and breadth of the planet, the United Nations is called on to inspire and act, without necessarily being giving the requisite resources. Since there is no alternative to the United Nations, we must revitalize and reinforce it through comprehensive reforms so that it can rise to the challenges of changing times. It is imperative to restore the primacy of the General Assembly, which is the closest thing to a world parliament, so as to bring the will of the peoples to bear on vital global policies. The Security Council reform process has dragged on for quite a while. Although there is no quick fix, nor should one be pursued, it is time to give reforms shape and make the Council more representative in 27 composition, more transparent in function and more capable of keeping peace. The Security Council, by doing too little too late, has often proved part of the problem, rather than of the solution. We must change it. Now that the recent Summit has recognized poverty and social exclusion as the principal cause of conflict, it is critical that we focus our attention on reinforcing the Economic and Social Council on a par with the Security Council on economic matters. We must work towards making the Economic and Social Council capable of coordinating the funds and programmes within the United Nations and with the Bretton Woods institutions, the World Trade Organization and other outside bodies. Nepal applauds the Secretary-General for the silent and continuous revolution at the United Nations in search of economy and excellence. Indeed, there is a constant need to regenerate and reinvent the world body to attune it to the emerging challenges in a changing world. Sadly, the United Nations has to limp from one year to the next as some of the key contributors fail to live up to their treaty obligations. We believe that the cardinal principle for apportioning financial obligation should be the capacity to pay based on one's share of world gross national product, with special responsibility on the part of the permanent members of the Security Council in peacekeeping budgets. It is morally indefensible to make the poorer countries subsidize the richer countries to keep the United Nations and its peacekeeping activities going. We call on all Member States to pay their dues in full, on time and without conditions. South Asia has one fifth of the world's people, but lacks recognition and clout commensurate with its size and potential. The only way for it to gain the place it deserves is through regional cooperation. Yet we in the region have not been able to work closely and cohesively for the greater good of our peoples. The South Asian Association for Regional Cooperation is virtually at a standstill. Nepal urges all fellow South Asian countries to work collectively for the shared prosperity of our peoples. Time will not be kind to us if we fail to seize the opportunity.