I should like sincerely to congratulate Mr. Essy on his election as president over the forty-ninth session of the General Assembly. His country and mine maintain friendly diplomatic relations and close links strengthened by the historic ties between Africa and Latin America. I wish him success in his endeavours and offer him the fullest cooperation of the Peruvian delegation. We live in an age that confronts the international community as a whole, and the United Nations in particular, with big challenges. Representative democracy and the market economy have spread throughout the world, along with an intensification of integration processes and the globalization of trade. Nevertheless, international peace and security have not yet been consolidated in all regions. We have witnessed events such as the unexpected collapse of States that had seemed to be solid, episodes of massive violence within some countries and the tragic and complex situations that resulted, persistent aggression against a Member of this Organization and the exacerbation of nationalism in many parts of the world. All these things challenge the present capacity of the United Nations to respond. Faced with such challenges, the United Nations must reaffirm its central role as the indispensable leader in the maintenance of international peace and security and in the promotion of world-wide development. This is its duty, not only because of the universal character of the United Nations system, but also because of the contractual significance of the instrument by which it was established. In this respect, we must bear in mind that the potential of the United Nations as the foremost international Organization can be reinforced by increased and more efficient coordination with the regional organizations. By the same token, we attach special importance to the General Assembly’s exercise of the powers assigned to it by the Charter, as well as to the expansion and reform of the Security Council. With regard to the latter, we should seek to correct the imbalances in its present composition, improve its decision-making machinery and make its working methods more transparent, while striving to make its composition truly representative of all Member States of the Organization. As the Secretary-General pointed out in his reports, "An Agenda for Peace" (A/47/277) and "An Agenda for Development" (A/48/935), it now appears to be politically feasible to respond to the multiple requirements of international peace and security while encouraging cooperation in the social and economic field, because the complementarity of these elements is such that without economic development there can be no peace or security. "An Agenda for Peace" must therefore be complemented by an agenda for development. In this way the United Nations could lead the international community, in accordance with the purposes and principles of its Charter, and integrate the actions of our Organization with the work of the Bretton Woods institutions, and above all the World Trade Organization. In this regard, we share the concern of the Secretary- General, who has warned that the subject of development is in danger of vanishing from the United Nations agenda. We must therefore emphasize that the grave problems related to development must be included in our Organization’s work and that developed and developing countries must agree on the need to address, urgently and adequately, critical situations such as dire poverty. The coming World Summit for Social Development offers us an opportunity that we must seize. Peru, which took part in the early stages of the process that led to the decision to convene that Summit, will contribute to it the national programme for social development that the Government of President Fujimori has been carrying out, a programme that gives priority attention to the basic 10 services of health, education and the administration of justice, particularly for the poorest. In the same context, Peru believes that the internal efforts of developing countries in the vital spheres of social and economic advance must be matched by high-priority multilateral and bilateral cooperation. I must also observe that in most of our countries social development also means stability. Therefore, continuing democratization and modernization is largely dependent on the assignment of high priority to this inescapable challenge. Along with the problems of development, the rapidly evolving situation today presents us, as an international Organization, with a number of particularly complex subjects. Outstanding among them is the process of reconciliation and peace in the Middle East, which will have important effects on regional and world stability and security, as well as on trade, regional cooperation and disarmament. Peru supports this process, and believes that resolutions adopted in the General Assembly must properly reflect that reality and contribute to the maintenance of an appropriate political climate to advance the negotiating process. We also welcome the new South Africa, which embodies the fulfilment of the essential principles of the Charter and which is a possible factor for regional stability. It also provides an example of democratic change. The tragic situation in Bosnia and Herzegovina, which has made clear the serious limitations of multilateral organizations, demands increased efforts by the international community to ensure an early and lasting peace. I now wish to address a subject that we cannot ignore, one that affects the international community as a whole and that is particularly delicate for my own country: the drug problem. Peru reiterates its resolve to continue to fight illegal drug trafficking, as well as its conviction that this serious problem urgently requires the unwavering political commitment of the international community. That alone will make it possible to adopt concrete and realistic measures to stand up to this scourge in accordance with the mandates of the Global Programme of Action adopted by the General Assembly in 1990. International coordination and cooperation against drug-trafficking are indispensable. In that regard, I am pleased to point out that the recent Summit of Presidents of the member countries of the Rio Group accepted the proposal of the President of the Republic of Peru, Alberto Fujimori, to coordinate legislation to penalize money- laundering, allow the confiscation of property linked to drug-trafficking, establish swift extradition procedures, promote judicial and police cooperation on this matter and bolster cooperation for alternative development. My country also pays special attention to human rights. Their promotion and defence constitute an inescapable obligation of the international community, which must therefore reinforce and improve current mechanisms of the system for the protection of human rights, in order to increase their efficacy. We are pleased to note the growing recognition and support by this international Organization for those countries that, like us, are continuing to struggle to defend life and civilized ways of coexistence against the unjustifiable and irrational violence of terrorism. For us, this means that the international community has made progress, by recognizing that in countries such as Peru terrorist groups are the primary, the true, violators of human rights. In the current context of renewal, we supported the creation of the post of United Nations High Commissioner for Human Rights, in an effort to improve United Nations measures to prevent and monitor violations of human rights, whether the violators be government agents or others. It is a matter of pride for our region that a distinguished Latin American diplomat is the first to fill this high office. Within this chamber last year, the President of Peru announced that the leader of the bloodiest terrorist movement in the Western Hemisphere - caught as a result of our successful campaign for national peace - had acknowledged in writing the clear defeat of his totalitarian aims and his bloodthirsty methods. Today I am pleased to confirm that Peru is swiftly progressing towards reconciliation and peace. The Peruvian strategy, which involves the State and civil society, has borne fruit, as evidenced by the mass desertions of terrorists as a result of the "repentance law" passed on repentance and the return of peaceful villagers to their homes, with the support and backing of the State. My country, having guaranteed democracy and economic freedom, now has, after many years, excellent prospects. We have established a new national 11 environment by consistently applying economic, social and pacification policies. The results prove that we have taken the correct path, as shown by the growth in gross national product - 7 per cent last year, and projected to be between 9 per cent and 10 per cent this year, figures which constitute the highest growth rates in the hemisphere. This new situation will allow us, for the first time in decades, to give social issues the priority they deserve. The economic policies followed in Peru have made possible a social programme implemented through non-inflationary investment, with our own resources. This programme has the technical backing of international financial institutions and is in line with the conceptual approaches on social development promoted by the World Bank, the United Nations Development Programme and a growing number of non-governmental organizations that share a belief in putting the human being at the core of development efforts. To do otherwise would be to make sustainable long-term growth impossible. This essential task for the whole of Peruvian society requires the cooperation and support of the international community. My country’s contribution to change in the world has been made possible by the efforts of our people, who have enabled us to enjoy internal peace, security, stability and economic growth. The path we are taking leads the most tenacious nation in South America, a people of long-proven creativity, on the threshold of a new millennium with the enthusiasm, the ability and the necessary tools for its development.