I begin by congratulating you, Sir, on your well deserved election to the presidency of the General Assembly at its first session of the millennium. Your proven skill and vast experience guarantee that you will ably guide the work of this session. I wish also to express our great friendship for and gratitude to Finland, the country you so honourably represent, whose close friendship with Nicaragua has earned our sincere affection. Let me also thank your predecessor, Mr. Theo-Ben Gurirab, for the dedicated way in which he guided our work at the fifty-fourth session. I wish next to express very special thanks for the contribution made by the Secretary-General, His Excellency Mr. Kofi Annan, who has prepared a valuable report (A/54/2000) on the role of the Organization in the twenty-first century; the report was central in stimulating the discussions conducted by our heads of State or Government at the Millennium Summit — an unprecedented event that laid the groundwork for giving fresh momentum to the United Nations. The process of renewing the Organization requires the strengthening of its organs and institutions so as to enhance the effectiveness of its endeavours in spheres such as the maintenance of international peace 24 and security, poverty eradication, the strengthening of health and education programmes and the struggle against the destruction of the environment. Without a doubt, that depends on us, the States Members of the United Nations; we must guarantee the Organization the resources and other means it needs to fulfil its mandate and fully to play its role as a centre for exchange of views and for coordinating the efforts of the world's peoples. In that connection, let me reaffirm the need to reform the Security Council, an organ that is of vital importance to peace and security. Such reform should include democratic, equitable geographical representation and a better balance between developed and developing countries so that the Council will be able to respond fully and effectively to the present needs of our peoples and to future challenges facing them in the new millennium. Here, we see the veto as another element of this sensitive issue that should be addressed seriously with a view to limiting its application to very specific situations and to possibly eliminating it. For those reasons, we believe it to be of paramount importance to reach consensus on all the issues that are inherent in the very structure of the new international order. We wish also to stress the importance of speedily beginning a process of international discussions aimed at attaining greater consensus and effectiveness in resolving humanitarian emergencies. In another vein, we believe that we must reaffirm our commitment to maintain and strengthen the universal mission of the United Nations to ensure that all the world's peoples without exception enjoy fair representation. This brings me to reaffirm before the Assembly how important it is to give consideration to the longing of one people to participate with legitimate representation as a full Member of the Organization: I refer here to the Republic of China. Another important matter that the Organization should continue in the new century to address with greater determination is the war against drug trafficking, organized crime and terrorism. Indeed, the flow of drugs is rapidly increasing in our countries, and in but a few years has become one of the most serious of problems, one that directly affects our economic, political and social life. To address that critical situation, we must give priority to strengthening the national institutions that are mandated to combat this scourge, to enacting and updating national legislation, and to increasing international cooperation and coordination in this sphere. Here, let me observe that Nicaragua has strict laws to punish drug traffickers, and has established a national drug-control plan under which institutions work together in a coordinated manner to attain the stated objectives. We are also working constantly towards greater international cooperation. At the outset of the new millennium, we see an urgent need to deepen and accelerate progress on ways and means to achieve world disarmament, especially with respect to weapons whose great destructive powers actually threaten life on our planet. We therefore welcomed the outcome of the 2000 Review Conference of the Parties to the Treaty on the Non- Proliferation of Nuclear Weapons, which reaffirmed the conviction that full and effective implementation of the Treaty and of the non-proliferation regime in all its aspects plays a vital role in the promotion of international peace and security. Similarly, we focus special attention on the problem of conventional weapons and on the existence of anti-personnel landmines, which also pose a threat to human safety and security. We therefore believe it is a priority to meet the obligations taken on by each State under international and regional conventions on these subjects. In Nicaragua, one of the gravest consequences of the armed conflict that was, fortunately, overcome in the 1990s is undoubtedly the presence of a vast number of anti-personnel landmines throughout our territory, a situation that even today claims numerous innocent victims. Accordingly, my country, with the support of the international community, is making an enormous effort to resolve the problem permanently. Along with mine-clearance activities, we have begun the process of destroying mine stockpiles, and have thus far destroyed more than 40,000 mines, in strict compliance with the Ottawa Convention on the Prohibition of the Use, Stockpiling, Production and Transfer of Anti-personnel Mines and on Their Destruction. Nicaragua reaffirms its determination to spare no effort in the preparations for the third meeting of States parties to the Ottawa Convention, to be held in Nicaragua in September 2001. We also believe it to be of the utmost importance to reaffirm our commitment to tolerance and respect for diversity. In that connection, we support the preparatory work for the World Conference against 25 Racism, Racial Discrimination, Xenophobia and Related Intolerance. It is essential for the future of the Organization and for that of our peoples that we make a greater effort always to comply with the purposes that half a century ago were laid down in the San Francisco Charter, especially with respect to the maintenance of international peace and security. This can happen only with a firm commitment to non-violence and to the principle of the peaceful settlement of disputes through the procedures established by international law. That is the key element in preventing future conflicts with grave and enduring consequences for mankind. For us, it is a source of satisfaction that one of the last vestiges of the cold war is on the way to a peaceful resolution. Here I refer to the dialogue between the two Koreas, which has been launched at the highest level and which will without doubt mark the beginning of promising prospects for the Korean peninsula. Nicaragua also shares the concern of the international community at the persistence of certain conflicts, particularly on the African continent; these have caused devastating damage to property and the loss of countless lives in countries such as Angola, the Democratic Republic of the Congo, Sierra Leone, Burundi and the Sudan. It is therefore gratifying that in some of those countries steps have been taken to find a solution to their conflicts. These include the 18 June signing of the Cessation of Hostilities Agreement by Ethiopia and Eritrea, and the implementation of the Djibouti peace initiative for Sierra Leone. We also hail Israel's withdrawal from Lebanon in accordance with Security Council resolutions, and the stepped-up efforts, since the Camp David summit organized by President Clinton, to find a peaceful settlement between Israel and Palestine. In the same vein, my country is convinced of the importance of the principle of the self-determination of peoples; we note the urgent need to hold the pending referendum in Western Sahara as soon as possible. To that end, all obstacles to that process must be overcome. Similarly, my country, convinced of the importance of the principle of the self-determination of peoples, makes an appeal regarding the pressing need to hold, as soon as possible, the referendum pending on Western Sahara. To that end, all obstacles to the process must be overcome. Much progress has been made in this century. Some of the most important achievements have been in the field of the technology revolution. Consequently today we have the great responsibility and duty to begin this new millennium by pooling our efforts to achieve adequate levels of technology transfer to developing countries in order to prevent globalization from becoming a negative phenomenon that exacerbates the marginalization of the poorest countries. The advantages and the disadvantages entailed by globalization require the developing countries to work together in order to increase their opportunities to successfully confront this phenomenon. An example of this is the decision of the Presidents of Guatemala, Nicaragua and El Salvador to sign a tri-national agreement aimed at giving fresh impetus to the Central American integration process by providing an appropriate political framework for the establishment of a regional customs union, a process launched by El Salvador and Guatemala and which Nicaragua and Honduras have recently joined. Apart from integration initiatives, continued efforts to achieve solidarity through cooperation for development are vitally important. Nonetheless, we feel it must be emphasized that cooperation activities must be accompanied by appropriate management that offers favourable conditions for small economies to have access to large international markets, obtaining fair prices for their exports of raw materials and manufactured goods. In this respect, we warmly welcome the decision to convene the high-level intergovernmental event on financing for development in 2001. That event is of paramount importance to the efforts being made to achieve the objectives established by the Millennium Summit. The strengthening of the multilateral trade system is also of great importance, which includes, among other things, the prompt and urgent convening of a round of trade negotiations within the framework of the World Trade Organization (WTO) in which problems are addressed in a comprehensive and integral manner, to lead to an effective reduction of tariff and non-tariff barriers. Free trade and the rules governing it should be implemented within the WTO framework so that they benefit all, particularly the poor countries. It is also essential that the most heavily indebted poor countries be able to aspire to break the vicious 26 circle of poverty. In this regard, as stated by Mr. Arnoldo Alemán Lacayo, President of Nicaragua, during the Millennium Summit, “the unbearable weight of an immense external debt [represents] an insurmountable barrier to overcoming poverty and unemployment. In this respect, we are pleased to note the interest recently shown by the developed countries and multilateral financial institutions in seeking alternatives that would substantially relieve the situation of the heavily indebted poor countries. We hope that this interest will soon be reflected in specific and meaningful actions, so that countries such as Nicaragua can break this vicious circle of poverty and look towards a future with greater opportunities and expectations for sustainability and progress.” (A/55/PV.3) Another important challenge to which we must devote great effort is the conservation of natural resources and the global environment; this is vitally important for the future of humanity, as well as for the prevention of and response to natural disasters. Nicaragua has been cruelly punished by natural phenomena; the effects of hurricane Mitch, which lashed the Central American region in 1998, and of strong telluric movement shook the eastern part of our country, causing loss of human life and considerable material damage are still fresh. Given that reality, Nicaragua, with the valuable assistance of the United Nations Development Programme, became the third Latin American country to adopt a modern law to take the necessary measures to establish an integrated system for disaster prevention and response. Moreover, despite its limited resources, Nicaragua has channelled great energy into the search for a model of sustainable development and of conservation of its natural resources. In that regard, the Government of Nicaragua has established the National Council on Sustainable Development, a pluralistic body in which all the main sectors of civil society participate, in order to promote actively, in accordance with Agenda 21, the implementation of this model of sustainable development. Our leaders have had the historic opportunity to undertake decisive commitments for the future of humanity. Nicaragua fully shares and reaffirms its commitment to the basic values contained in the Millennium Declaration: freedom and equality, so that we may all live decently, without poverty or violence, but rather in good health and with education; equity and solidarity, since all peoples of the world have the duty to share and to exchange knowledge and experience that tomorrow will be decisive for human development; tolerance and non-violence, since we can forge ahead only if people respect each other and if States are always prepared to understand each other and resolve their differences through peaceful means; and respect for nature, in order to be able to leave to our children a future in which they will feel proud and optimistic, in which they will walk with their heads high, confident that they are on the right path. Today is the time to sow, so that tomorrow we will be able to harvest. Today is when we must be aware that we have a shared responsibility, collective and individual, to strengthen the United Nations in order to be able to build a more just, secure and equitable international system for all.