This is the sixth time that I have had the honour to address the General Assembly, and it is a great pleasure for me to be back here in this body. I would, at the outset, like to congratulate Mr. Gurirab warmly on his election to the presidency of the General Assembly at its fifty-fourth session. Both Liechtenstein and Namibia figure among the younger Members of this Organization, since both our countries were admitted to the United Nations in 1990. The 32 President can count on Liechtenstein's support as he guides the Assembly to fruitful outcomes. I would also like to extend our warm welcome to the Kingdom of Tonga, the Republic of Kiribati and the Republic of Nauru. The general debate is an important opportunity for all of us to take stock, to comment on the state of the Organization, to voice our concerns and, if necessary, dissatisfaction and, most important, to offer constructive thoughts and ideas for the future. At the time when Liechtenstein became a Member of the United Nations, nine years ago, the cold war had just come to an end, and we tried to identify the challenges and opportunities created by the new situation. The hopes and expectations were high, the concerns and problems manifold. It was clear to many of us that our Organization was not fully equipped to face the upcoming challenges, and, indeed, mistakes have happened along the way. Today, we can say that the somewhat perverse order of the cold war has been replaced by the era of globalization. Some of us welcome this new era, some of us fear it. However different our opinions, there can and should be one common denominator: that we acknowledge the arrival of this new era and that we join our forces to face its challenges. Globalization has two faces: it offers a potential, from which — if properly explored — mankind as a whole can benefit. It also contains risks, especially for those who are already in a perilous position. In order to be able to face these two enormous tasks efficiently, we have to work together, because that is the only way for us to succeed. The United Nations is the sole forum that is of truly global range, and thus it offers the only opportunity for us to address these issues — assuming we are equipped with the right tools. The past years have been characterized by important and far-reaching reform efforts. The challenges of globalization make further measures necessary, such as the enhanced inclusion, participation and accountability of non- State actors. In a globalized world, such actors play increasingly influential roles, both positive and negative. Persons and organizations that constitute significant economic forces have to be involved in our considerations and decision-making processes. Actors such as terrorists and parties to internal armed conflicts have to be held accountable for their actions and for the consequences thereof. The public at large often mistakenly equates the United Nations with the work of only the Security Council. This is factually wrong, and we should use every opportunity to inform people worldwide about the wide range of activities carried out by our Organization and its specialized agencies. But we also have to bear in mind the immense importance of the work of the Council and must have a certain appreciation of why the public focuses only on the Council's work, erroneous as this approach may be. It is simply a fact that the credibility of the United Nations depends to a very large extent on the credibility of the work of the Security Council. This credibility has suffered serious blows in the recent past, and we cannot afford to ignore the root causes of the problem. We have to address the existing problems and to design ways and means to avoid further, perhaps irreversible, damage. Strict observance of the key provisions of the Charter is one essential element in this respect, and reform of the Security Council is another. For a long time we have talked about all aspects of such a reform, including the composition of the Council. The moment has come for us to recognize that the question of the veto is at the core of every credible and sustainable Security Council reform. My country has long expressed concern about the situation in Kosovo and has asked for preventive efforts in order to avoid an escalation of this situation. In solidarity with the victims and wanting to take some responsibility for them, Liechtenstein has given temporary shelter to a large number of Kosovar refugees, has participated in the provision of humanitarian assistance, in particular through the relevant United Nations agencies, and has expressed full support to the United Nations Mission in Kosovo and to the ongoing efforts of reconstruction. At the same time, we also have questions, and we notice that others do too. How can we reconcile the role given to the Security Council under the Charter of the United Nations with a “humanitarian intervention” not mandated by the Council? What does this mean for the future of the Security Council and of the Organization as a whole? Are regional organizations to assume a leading role that goes beyond what is contained in Chapter VIII of the Charter? It will be important to discuss these 33 questions, though finding satisfactory answers is certainly difficult. To our mind, Kosovo has made it very clear once more that the prevention of conflicts must be the key concept in conflict-resolution as well as in other areas. Preventive measures are the best means of saving lives and resources of every kind, and they can be carried out quickly and with discretion. Prevention does not make big news headlines, but it reduces the number of headlines on disasters, of which we continue to see just too many. The potential of prevention is enormous, but its application so far is too modest and far too limited. We know that there is still reluctance and hesitation, but we feel a sense of urgency, a pressing need to enhance preventive activities and to replace a classical concept of sovereignty — a concept that is outdated in many aspects — with a new one which enables us to tackle situations of potential and actual crisis with determination and efficiency. We thus welcome the report of the Secretary-General on the work of the Organization and his very inspiring and timely remarks on a “culture of prevention”. We are convinced that this is the right way for the international community to go. Kosovo has been and somewhat sadly remains a prime example of the need for prevention. Liechtenstein has for several years now promoted ideas and suggestions on a preventive approach with regard to problems arising from the application of the right of self-determination. The international community remains stuck in a situation in which the exercise of the right of self-determination — which is the prerequisite for the enjoyment of all human rights — is denied because it is misunderstood as a claim to independence and statehood. We all have known for very long, since the adoption by the General Assembly of the Friendly Relations Declaration in 1970, that this is not correct. Self-determination can mean many other things, if exercised in a flexible manner and based on a dialogue between the parties concerned. It does not have to lead to the break-up of States; it should rather facilitate the peaceful coexistence of States and communities which are provided a degree of self-administration or self-governance as an expression of their right of self-determination. It is time to free ourselves from biased and obsolete thinking and to recognize that the effective application and exercise of the right of self-determination is the basis for preventing violent disintegration of States as well as internal armed conflicts with all their gruesome aspects and endless human suffering.