Mr. President, I wish to express my warm congratulations to you upon your election to the presidency of this fifty-fourth session of the United Nations General Assembly. Your unanimous election to the presidency is not only an attestation to the confidence we in Africa have in your leadership ability, but is also an affirmation of the faith the international community has in you to steer this organ successfully into the twenty- first century. You take up the helm of this body at a critical juncture, when we are here taking stock of where we stand on the eve of the new millennium. Let me avail myself of this opportunity to express our sincere gratitude to your predecessor, His Excellency Minister Didier Opertti of Uruguay, who presided over the affairs of this Assembly in a diligent and exemplary manner. We thank him for his conscientious efforts and sterling contribution. May I also express our great appreciation of the Secretary-General, Mr. Kofi Annan, who, having recognized the great opportunities and challenges ahead of us, has worked tirelessly to help us map a noble vision for the future of our Organization. 6 We are also witnessing another historic moment for our Organization, as we admit into our midst three new members: Nauru, Kiribati and Tonga. We welcome them to our brotherhood of nations and wish them all the best as they chart their own destinies and make their contribution within our community of nations. On our African continent, the holding of free and fair elections in Nigeria has ushered in a democratic dispensation worthy of our attention. This transformation serves as a monument erected to inform the international community that Africa has said "No" to the institutionalization of the route map from barracks to the State House, which hitherto the military has traversed with impunity. Further, the return to peace and democracy in Liberia and Sierra Leone bears ample testimony to Africa’s renewed quest for democracy, peace and stability. It is, therefore, our fervent hope that the implementation of these peace agreements will lead to the restoration of normality in the region. In the same spirit, the Southern African Development Community (SADC) alliance intervened in the Democratic Republic of the Congo to uphold one of the most fundamental tenets of the United Nations Charter: respect for the principle of sovereignty and territorial integrity. Aggression, under whatever pretext, should be condemned and opposed by the United Nations. We are, therefore, encouraged by the eventual participation of the rebels in the peace process. We wish to register our most sincere gratitude to His Excellency President Chiluba of Zambia for his untiring efforts that succeeded in bringing the rebels on board this peace process. It must be emphasized, though, that the success or failure of a peacekeeping mission to the Democratic Republic of the Congo will be determined by the availability of both human and material resources. We are, however, worried that an inadequately funded Democratic Republic of the Congo peacekeeping operation would be a clear manifestation of Africa’s increasing marginalization in the new world order. We trust, therefore, that the United Nations will now render the requisite support to sustain this achievement. We find this an opportune moment to call upon the international community not only to put its full weight behind African peace initiatives, but also to assess and buttress the institutional and operational capacity of the Organization of African Unity (OAU) in the prevention, management and resolution of conflicts in Africa. In this vein, we hail the European Union’s declaration that its future engagement with the belligerents involved in the Democratic Republic of the Congo conflict would depend on the latter’s fulfilment of their obligations as spelt out in the Lusaka ceasefire agreement. Sadly, the gains that we registered in the Democratic Republic of the Congo peace process are being negated by the renewed bloodbath in Angola, where, for the second time this decade, UNITA has resumed war, disregarding the 1994 Lusaka Peace Agreement. We therefore call upon the international community to put in place effective mechanisms that tighten the embargo against UNITA, particularly in the light of the recently concluded mission of Ambassador Robert Fowler, Chairman of the Security Council sanctions committee on UNITA. Zimbabwe hails the acceptance by Eritrea and Ethiopia of the OAU Framework Agreement to end the war in the Horn of Africa. Zimbabwe, as a member of the high-level committee that coordinated the effort to end the war between the two African States, calls upon the United Nations to undergird this successful regional peace initiative with the necessary technical and other resources to make the process irreversible and permanent. Since its inception the United Nations has had on its agenda a concern for economic and social development. The follow-up to the implementation of the goals of the World Summit for Social Development is currently being assessed, and it has become evident that a potentially explosive social situation confronts the world today. The soaring levels of unemployment, the deteriorating standards of living, the abject poverty in most developing countries, especially on our continent, Africa, are cause for serious concern. We note that Africa’s fortunes have continued to worsen despite the continent’s best efforts. Growth slowed in the majority of African countries and, at 2.6 per cent in 1998, average gross domestic product for all of Africa fell far short of the eight per cent annual growth rate envisioned by the World Bank as the level capable of significantly reducing poverty levels on the continent. Adverse factors that contribute to this decline include slower growth of the world economy, declining commodity prices, the contagious effects of the Asian financial crisis, the El Niño weather pattern, civil strife and political turmoil in several spots. At a time when greater challenges and opportunities are emerging within the context of globalization, it is 7 crucial that Africa’s nagging vulnerabilities are highlighted and addressed. Total African export revenues fell by nearly $14 billion in 1998, to just $112 billion, an 11 per cent drop from the 1997 level, mainly due to price declines. That negative trend has continued in 1999. We are concerned that at a time when prospects for aid effectiveness in Africa are improving significantly, official development assistance to Africa has fallen to its lowest level. Between 1993 and 1997, total aid receipts in Africa fell by nearly 13 per cent, from $21 billion to $18.7 billion. At this rate, official development assistance flows have fallen far short of the $30 billion a year that economists estimate is needed to reduce poverty in Africa. The net rate of return on investment in African countries remains higher than in other developing countries. It was estimated at 20 to 30 per cent during 1990 to 1994, on average, as opposed to 16 to 18 per cent for all developing countries. Yet in contrast to this great potential, Africa has not been a significant beneficiary of the dramatic increase in global foreign direct investment flows. Africa’s debt is essentially non-payable and certainly unsustainable under any sensible growth-oriented macroeconomic scenario. There is an urgent need to release more resources from debt servicing to financing development and creating conditions that encourage inflows of private foreign investment. Although the Heavily Indebted Poor Countries Debt (HIPC) Initiative constitutes an important mechanism for debt relief, its eligibility criteria are rather restrictive. While the need for better debt management by Africa in the future is acknowledged, any credible solution to Africa’s debt problem must indeed entail substantial debt cancellation. We in Africa are therefore fully persuaded that it is time the international community deliberates on the substance and prospects for new aid modalities which emphasize a holistic and comprehensive approach. There is need for us to share views on how best to foster a new donor-beneficiary relationship in which multi-donor programmes focus on supporting an African-driven agenda. In our own region of southern Africa, we are at an advanced stage of setting up a trade protocol meant to maximize our earnings from trade. With a majority of our members having ratified this protocol, only a couple more remain before it is operational. We are also keenly aware of the critical role of telecommunications as an effective vehicle for successful international trade. Accordingly, my country only recently agreed to be a subregional host for the AFRITEL, an African regional telecommunications centre. We trust that international investors will see this as positive preparedness on the part of our continent not only to attract them and their investments, but indeed to concretely ensure that they also prosper in their endeavours on our continent. The United Nations decade for the progressive development and codification of international law is coming to a close on an important note, with the establishment of the International Criminal Court. However, the Court can be successful only if it is universally accepted. We must, therefore, lend our unwavering support to this process so that we can complete this important milestone in the history of our Organization. As we look into the new millennium, let us aspire to have an international order that espouses the twin objectives of universal peace and security on the one hand, and an improved quality of life for all the earth’s inhabitants on the other. It must be an order characterized by justice and respect for international law. Such international law must surely have the effect of restraining both regional and international belligerent countries. We should join enthusiastically in the promotion of the achievements of the decade for the development of international law. Zimbabwe is greatly disturbed at the cataclysmic turn of events in East Timor following the self- determination referendum there. The crisis chronicled in the report of the Security Council Mission to Jakarta and Dili was most disquieting. Zimbabwe therefore welcomes the deployment of the multinational force to restore peace and security in East Timor and to facilitate the delivery of humanitarian assistance. We sincerely hope that the Security Council will soon authorize the deployment of a United Nations peacekeeping force whose financial and other resource requirements are vouched for by the entire membership of this Organization. It would be remiss of me not to mention how inequitable it is that the membership of the Security Council should remain unreflective of the vastly altered international circumstances. The need for the reform of the Security Council is no longer just a lofty ideal we strive to achieve, but a prerequisite for the very existence of this Organization. The Security Council, as a principal organ of the United Nations, is entrusted to act on behalf 8 of the entire membership, which to date has risen to 188 countries. The stark realities of the situation in the world must be reflected not only in the sheer increase in numbers, but also in consideration of the democratic principle of equitable geographical representation and participation. It is grossly unjust that we, the developing countries, should remain totally unrepresented in the permanent membership of a body entrusted with such power and authority. The powers and privileges that the current members of the Security Council enjoy should be extended to all new members if the Council is to be effective. And so, as we hold the last session of the General Assembly in the current millennium, it behooves us to make one giant leap into the future, not only in terms of wise and bold decisions, but also in terms of the commitment to implement them and see them bear fruit for us and for posterity.