At the outset, we would like to congratulate you, Mr. President, on your outstanding election to guide our work during the fifty-fourth session of the United Nations General Assembly and, through you, to pay a well-deserved tribute to your country, the Republic of Namibia. My country subscribes to the generally held view that your well-known diplomatic skills and broad experience will contribute to the success of our work. We also warmly congratulate the new Member States, Kiribati, Nauru and Tonga, on their admission to the great family of the United Nations. This is a great victory for the principles of free expression and self-determination of peoples and nations. That is the only way to enrich the democratic nature of the United Nations with the diversity and universality of mankind. It is with optimism and hope that we participate in this session of the General Assembly. We reaffirm our full commitment to the purposes and principles that were the basis for the establishment of the world Organization. We believe that its more than 50 years of existence, which have made their mark on the twentieth century and have helped bring about great social, political, economic and technological changes, constitute a positive legacy for the future of mankind. We have high hopes for this session because those long years of experience and the fact that we are about to enter the third millennium mean that we can talk of a United Nations jubilee for the new era, in which mankind should fully benefit from our achievement of the goals and ideals of a world of peace, free from war and conflict. We want all men and women to be able to enjoy their most inalienable rights — to freedom, dignity and equality — and we want all the world's nations and peoples to live in justice and equity. Ultimately, we want all human beings, without distinction and without discrimination, to enjoy the benefits of economic, social and cultural progress. But in spite of these long years of history, the end of the cold war, our long experience and the many events that have taken place in this half-century process — advances in the new technologies of space exploration, atomic science, remote sensing and other progress that is of incalculable value for the future of mankind — we note with concern that we have yet to guarantee peace and security for all nations. That is why we must adopt strategies and measures that will enable developing countries to take advantage of their opportunities for progress and that will make it possible for all people to enjoy the best possible living conditions on this, our home planet. We must make sure that, as our common heritage, education, science and technology reach all people so that human development can enable them to enjoy their rights to dignity and responsibility. We must examine our consciences and understand that it is we ourselves who are slowing the advance of human progress. The desire for power and world hegemony, exacerbated by extremism, ethnic and racial discrimination and intolerance and fanaticism born of political beliefs and theories, has created a climate of war, terror and insecurity in many parts of the world and could unleash a new world confrontation. The most striking examples of this may be seen in the situations in the Persian Gulf, the Balkans, the Middle East, Africa and Latin America, as well as in the recent escalation of violence in South-East Asia. Moreover, despite the demands of third-world countries and the attempts to establish a new world economic order that would be more just and equitable for all, the present unjust economic system continues to prevail, impeding trade between the North and the South. We must realize that the economic situation is an irreplaceable element of the balance of domestic and international peace and security: peace does not mean the mere absence of hostilities; it is a state of perfect harmony in human life in the economic, social, cultural and moral spheres. For Africa and for the Africans, political idealism can flourish only if it is attended by concrete action that will guarantee human survival and justify the aims of that idealism. Let us not forget that political idealism of any kind is based on a culture appropriate to the population in question. Here, human beings are the raw material, and the proper conditions must be present for the success of that kind of ideal political system. Hence, so long as the peoples of Africa suffer from hunger, poverty, war and pandemic disease, and so long as they are overwhelmed by cultural deficiencies, ignorance and illiteracy, efforts to democratize their States and ensure peace will always fail. It is said that an empty sack cannot stand by itself. Africa needs economic inputs, technology transfer for development, and recognition of its cultural and moral values, so that internecine struggle will cease and so that democracy and political theories will be employed in the most objective way. That is why Central African heads of States members of the Economic Commission of Central African States and of the Central African Economic and Monetary Commission, meeting at Malabo, Equatorial Guinea, from 23 to 26 June 1999, carefully studied all these factors and adopted, inter alia, strategies to prevent conflict in the region. They decided to establish a subregional parliament, a peacekeeping force and an institute for the promotion and defence of human rights. We hope that the United Nations will support these decisions. The reality is that in Africa there is strong pressure from underdevelopment, poverty, unemployment and illiteracy which justifies the flight of intellectuals and the current exodus of Africans to developed countries in search of a livelihood. Accordingly, we call for United Nations support for the decision adopted in Algeria by the heads of State of Africa to increase humanitarian support for the millions of African refugees, to amounts comparable to those given other regions. This is also for me a favourable opportunity to reaffirm our solidarity with the political will and the determination of the African States to speed up the mechanisms for integration and unity, to meet the challenges of globalization in order to ensure global development for mankind. In order for political and democratic systems to succeed in Africa, the economy and economic culture should have a key role among the elements that go along with them, for otherwise they would develop without any objective basis. Unfortunately, we find that currently there is no firm political will for cooperation between the North and South, as there was in the past. In fact, now there is just a clash of various selfish interests in which the strongest or the richest always win. At this time we recall the great projects of economic cooperation in post-war Europe which enlivened Europe, South-East Asia, Latin America and the Middle East. Attempts of the same kind have been sought for Africa with the construction of considerable infrastructure to help the peoples of this continent: for example, the Aswan dam in Egypt, hydroelectric power stations on the Volta 2 River in Ghana, in Inga in the Democratic Republic of the Congo and in Mombasa in Tanzania. Unfortunately, this political will to aid the development of the continent has not continued. This, then, is the high price for the independence of African nations. The political development of the continent is now confronted with a number of difficulties and challenges. First is the need to establish sincere industrial cooperation with developed countries, instead of the present merciless extraction of natural resources and their exportation as raw materials, with no compensatory exchange for technologies to process them. Secondly, there is need to achieve fair prices in the exchange of natural resources for manufactured goods, as prices have not gone up more than 25 per cent since independence. A third challenge is that credit is given under conditions that do not allow the population to satisfy its needs nor to profit from corresponding investments, the debt for which is mortgaging the economy. Fourth, conditions are imposed on cooperation using political criteria that do not take into account the reality of African societies, as well as another series of conditions that funnel the benefits of the current international economic system to a powerful few. Nonetheless, we recognize and are grateful for the decision by the seven major industrialized countries to retire the debt of developing countries. We cherish the hope this political will may spread to all donor countries and that its application will not be according to selective and exclusionary criteria. Praiseworthy in the same way is the initiative by the Administration of the President of the United States of America to increase American investment in Africa, an initiative which we hope will be a second Marshall Plan for the African continent. Certainly, the consequences of selfishness and of unfair distribution of available resources have created, in the developed as much as in the developing countries, frustrated groups of people who today are a cause of political and social instability in many parts of the world. With respect to human resources, we must analyze in depth the causes of the current juvenile delinquency, organized crime, rape, kidnappings and indiscriminate killings, drug addiction and drug trafficking, alcoholism, prostitution, money laundering, counterfeiting, terrorism and corruption which exist at all social levels everywhere. All these practices challenge us and compromise the future of humanity. Our concern is that these behaviours make up our legacy for the generations of the third millennium. Does the new epoch to which we aspire beginning in the year 2000 presuppose the rise of some and the regression to poverty and misery of others? Can international peace and security guarantee protection only for some, denying it to others? Equatorial Guinea does not aspire to hegemony or power, yet we speak here with the conviction of the obligation that falls to us as a member of this democratic international community to ask for what is best for mankind. Socio-political development and technological advances tell us that we are in a different galaxy from that of earlier times. The United Nations is the only Organization that has exercised leadership in the process of the world's development. Yet after 54 years, we must realize that the terms of reference of the world's current socio-political reality are not those in effect in 1945. It is clear that the United Nations is similarly undergoing changes which correspond to this moment in history, in social philosophy, mechanisms, structure and action. Today we talk of democracy as the only way to promote the development of peoples, ensure peace and guarantee respect for human dignity. Today we talk of globalizing world politics and policies and of the governance of States because the concept of social development finds its justification only in the values of the individual. The United Nations should therefore take no action that is not in keeping with those values and is not a faithful expression of this interdependent, unipolar world that calls for unified criteria. We must make a special effort to help young people so that they can carry on the positive values of humankind for the sake of a more integrated, more developed, more just and more equitable world. The ideal of any governments must be to seek peace, progress and prosperity for its peoples. In this connection, the efforts of the countries that are fighting to 3 democratize their societies be properly appreciated and supported by countries with longer democratic experience. It has been proved that penalizing governments and peoples is counterproductive and makes them unable to promote national development however much they want to. The United Nations ought to assist these countries closely in their economic, social, technical and cultural advancement, in keeping with the spirit of globalization and the actual situation in each country. We believe that the current United Nations system is obsolete in terms both of decision-making and of the effectiveness of its actions when it comes to dealing properly with the difficulties and challenges facing its members. Indeed, the proliferation of peacekeeping operations in various parts of the world is proof that the current conflict-prevention system is obsolete. As an organization founded on democracy, the United Nations must establish the principle across the board that all parties must be given a hearing in all bodies, including the Security Council, that take decisions affecting its Members. Moreover, the most sophisticated nuclear technology should be employed exclusively as a common shared possession to be used for the benefit of all humankind rather than as private property that benefits some to the detriment of others. We believe that in globalizing world politics and policies, which is positive in theory in that it unifies socio- political criteria, States should nevertheless implement the philosophy by adopting specific measures that are in keeping with the specific characteristics of each country. In this connection, Equatorial Guinea has particular experience in implementing its programme of transition to a multi- party system by applying the theory of the democratic test, a way to involve the people in taking all the political decisions that affect them. As a result, our transition has been peaceful, orderly and calm because our people themselves, no one else, are responsible for the measures adopted, which all political actors must respect. A progressive and continuous process of adaptation by the authorities and by the people themselves is needed so that they acquire the right sort of culture in which human rights and democracy can be respected. In that connection, we welcome the efforts by the Commission on Human Rights to adopt a special assistance programme for Equatorial Guinea to promote and ensure respect for human rights there. We are party to all the human rights treaties and conventions and have adopted a wide-ranging framework of laws and regulations to protect human rights. However, the lack of infrastructure makes it difficult for the people to enjoy in full the various services to which they are entitled. I would conclude by making clear our political resolve to contribute to the maintenance of international peace and security, promote close friendship and mutually beneficial cooperation between all States and promote economic, scientific and technological development throughout the world. The Republic of Equatorial Guinea stands open to the world as a peaceful State that puts dialogue and negotiation first, rejecting force of any kind as a means of resolving conflicts. We hope that the year 2000, which is almost on us, will become a milestone in establishing a world truly committed to peace, progress and prosperity for humankind.