May I begin by congratulating the President on his election. I am confident that the skills and vast experience he has acquired throughout his distinguished diplomatic career will provide the guidance we need to guarantee the successful outcome of the session. I must also recall the valuable contribution of his predecessor, Mr. Opertti, to the work of the last session of the General Assembly. I would like to take this opportunity to extend my warm welcome and congratulations to the Republic of Kiribati, the Republic of Nauru and the Kingdom of Tonga on their admission to the United Nations. As the twentieth century comes to an end, it is evident that all countries in the world — advanced, developing or transitional — will be substantially affected by globalization. Further specialization and the widening of markets through trade, the larger division of labour and a more efficient and diversified allocation of financial resources should increase overall productivity and raise living standards. However, no country will benefit from this trend spontaneously and automatically. The major tasks which Governments face today are development and the pursuit of sound policies and appropriate structural adjustments to meet the challenges and take advantage of the opportunities that globalization offers. While sound domestic economic planning and reforms are critical to meeting the challenges of globalization, regional cooperation and integration processes are essential to maximizing the emerging benefits and opportunities. We, as a country and the region as a whole, are trying to adjust to the multiple stresses of post-Soviet economic, cultural and political transformations. Clearly these problems can stress relations as much within States as between them. Armenia does not see either itself or the region as being permanently condemned to marginalization; rather, it believes that close cooperation in the region, whether political, economic or security based, will help bring lasting stability and prosperity based on a sense of solid and shared emergent values. Cooperation within the framework of regional economic initiatives, such as the Interstate Oil and Gas Transport to Europe (INOGATE) programme and the Transport Corridor: Europe-Caucusus-Asia (TRACECA) project, is essential. Armenia is sincerely open to such cooperation, although we have to state with regret that the blockades imposed on Armenia by Turkey and Azerbaijan are a serious obstacle to such cooperation. It is obvious that the region's high potential cannot be fully utilized if attempts are made to isolate one of its constituents. Such attempts are doomed to failure and will adversely affect all concerned in the region. The Black Sea Economic Cooperation (BSEC) is another mechanism that could contribute to the region's economic development. The activities of the recently 19 established Black Sea Trade and Development Bank will considerably contribute to carrying out the projects elaborated by the member States of the Black Sea Economic Cooperation. In this regard, Armenia fully supports the granting of observer status in the General Assembly to the BSEC. A young republic in transition from a long nightmare of totalitarian, single-party State to the emergence of a democratic, free-market, open society, Armenia must simultaneously consolidate its State structures, move its economy forward and resolve the Nagorny Karabakh conflict. It must do all three at the same time, for they are in fact interdependent. First and foremost, Armenia must ensure that the Armenian population of Nagorny Karabakh continues to enjoy its security within its own lands. Our recent memories of vulnerability and insecurity make it impossible for any Armenian anywhere to accept anything less than the inalienable right of the people of Nagorny Karabakh not to be subjugated, not to be dominated and not to be subordinate. Armenia understands this and is actively engaged in pursuing in every possible forum a resolution of the conflict with Azerbaijan that would achieve peace without endangering the hard-won and legitimate rights of our own people to live in secure dignity and freedom. Since 1992 the Organization for Security and Cooperation in Europe (OSCE) has played a key role in the process of finding a peaceful solution to the conflict in Nagorny Karabakh. It has been actively involved, through the various permutations of the Minsk process, to define the elements for a durable peace and stability in the region of the Transcaucasus. Armenia is committed to pursuing every possible and credible attempt to resolve the conflicts that linger in the region. It is committed to exploring every avenue for peaceful relations with all its neighbours, relations based on mutual respect and recognition. The OSCE, through the Co-Chairmen of the Minsk Group, is trying to reconcile seemingly incompatible principles. We have always remained opposed to one-sided orthodoxy and have always advocated a more flexible approach. It is therefore with interest that Armenia and Nagorny Karabakh received the Minsk Group Co-Chairmen's draft proposal during their latest visit to the region. My Government, as well as the authorities of Nagorny Karabakh, considered this formulation by the Co-Chairmen a more realistic effort in trying to address the thorny issue of the status of Nagorny Karabakh with minimal prejudice to either of the competing claims. Indeed, we must distinguish between stability and the forced maintenance of the status quo. Conflating the two is neither wise nor practicable in the long run. A status quo in political life is never inherently permanent, and a viable policy of stability requires a mechanism to pursue an evolutionary, dynamic process of managing change. We have new and dynamic challenges to the status quo; we should not be shy in addressing these challenges creatively and objectively to conceive more adaptive answers rather than falling back into a comfortable, yet dangerously elusive, status quo. As Armenia actively defends and pursues the Nagorny Karabakh people's right to self-determination through peaceful means, we also sympathize with and support all other just self-determination claims in other parts of the globe. Armenia applauded the Indonesian Government's courage when it announced the conduct of the referendum on East Timor's independence. Today we are concerned with the latest developments, but we hope that the results of the popular consultation will be fully respected. We also commend the role that the United Nations has played in organizing and supervising the popular consultation. Armenia also welcomes the most recent positive developments in the Middle East peace process. We hope that the Palestinian people's right to self-determination will be fully realized, thus bringing lasting peace and stability to the Middle East. The last decade of the twentieth century has been marked by serious achievements in the sphere of disarmament and global and regional arms control, and more remains to be done. At the global level, that would mean reviewing the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) in the year 2000; completing the work of the Biological Weapons Convention Ad Hoc Group on a compliance and verification protocol; completely eliminating existing stocks of chemical weapons and ensuring the universality of the Chemical Weapons Convention regime. Similarly, at the regional level, we attach great importance to the successful conclusion of the Treaty on Conventional Armed Forces in Europe (CFE) adaptation process, which will be signed by heads of States at the OSCE summit this November. We are convinced that the adapted Treaty will significantly contribute to the strengthening of European security. In pursuing its national policies, Armenia has made it a priority to support the international efforts in securing 20 peace and stability throughout the world. We believe that our full participation in the work of the Conference on Disarmament will allow us to make further contributions to the issues of arms control and disarmament. We hope members will support Armenia in its willingness to become a full member of the Conference on Disarmament. Armenia welcomes the millennium summit initiative. At the threshold of the new millennium, it is important for heads of State and Government to discuss the tasks that the United Nations is going to undertake in providing global peace and security. Believing that the United Nations should play the leading role in the formation of an international anti-criminal strategy, Armenia supports the idea of holding, in Vienna in the year 2000, the Tenth United Nations Congress on Crime Prevention and the Treatment of Offenders. We call for the accession of the maximum number of countries to universal conventions against terrorism and support the Russian proposal on a United Nations convention for combating acts of nuclear terrorism. Armenia, likewise, supports the initiative of holding a conference or a special session of the General Assembly against terrorism in 2000. On 1 October, Armenia will sign the Statute of the International Criminal Court, thus becoming the eighty- seventh State to do so. Maintenance of international peace is one of the most important functions of the United Nations. The challenges that the international community faces today are diverse and complicated. This holds true especially for the reform of the Security Council, since ensuring peace and security throughout the world depends on a Security Council which functions effectively. Security Council resolutions, including those on peacekeeping operations, should be unbiased and universal and reflect a common approach to conflicts, based on internationally accepted principles and criteria. One way to strengthen the role and function of the Security Council is to ensure a more equitable representation of the membership of the United Nations in that organ, in accordance with the sovereign equality of States and other relevant provisions of the Charter, and to make its work more transparent. Representation in the Security Council that is more equitable can be achieved by increasing the number of its members, taking into account the growth in the membership of the United Nations. After this brief comment on matters that concern Armenia's current affairs, its membership in the United Nations and the outstanding issues of the Nagorny Karabakh conflict, allow me a moment of reflection. We are often so preoccupied by immediate crises that lingering, chronic and fundamental phenomena do not always get our full attention. At this end of the century and millennium and on the threshold of a new era, we would not be candid if we did not admit to a certain disappointment, a certain sad recognition that we, as a collectivity, a community of nations, have not come as far as people everywhere would have wished us to come. I am sure we are not alone in our disappointment as we look around us and see that the hopes of 1989 have not been fully realized in the last 10 years: Rwanda, Kosovo and East Timor are all, historically speaking, very much in the present. It is not for lack of charters, conventions and universal declarations that tragic events and murderous actions are committed, often by States, and even in the name of those same charters, conventions and declarations. After the Second World War, after the end of the cold war, we might have been justified in expecting some respite from the organized display of man's inhumanity to man, of fratricidal war between citizens and State attempts to exterminate some part of its own people. But of course very recent experience tells us that the persecution of innocent civilians on no other grounds than their ethnicity, religion or national origin continues unabated. Armenia and Armenians have a unique history through which to interpret these events. We notice the ever more frequent use of the term “genocide” in continent after continent and we are reminded of our own tragic experience as genocide victims at the beginning of this century. It is sad but true that the genocide of Armenians, which began in 1915, opened this century of horrors. We at least are convinced that nothing contributes as much to the repetition of horrors as the reluctance and unwillingness with which those complicit in them tell the truth, or even their avoiding doing so at all. Denying the reality of evil, portraying it as merely relative and rendering it banal have done much to have evil seen as a political event to manipulate and equivocate and prevaricate about in the name of realpolitik. In Armenia, our democracy and future prosperity depend on there coming a time when, through peace, the Caucasus will fulfil its promise as a region of neighbourly cooperation and economic growth. Without regional political stability, the regional economic prospects for all 21 countries of the Caucasus will remain precarious. And unless the security needs and the aspirations of the people of the region are satisfied, there can be no political stability.