At the outset, on behalf of the Republic of Armenia and the Armenian people, I wish to express my gratitude for the support of the General Assembly for our request to be admitted to membership of the United Nations. I wish also to congratulate you. Ambassador Ganev, on your election to the presidency of the General Assembly at its forty-seventh session. Today is the first anniversary of Armenia's declaration of independence, so it is a signal honour for me to be addressing the General Assembly. The past year has been significant both for a newly independent Armenia as well as for the international community at large. Our Government, which was formed as a result of free elections, has continued its policy of democratization, economic liberalization and the creation of a State of law. The Parliament of Armenia has voted in favour of freedom of conscience, freedom of religion and freedom of the press. It has instituted a multiparty system and has acceded to the Treaty on the Non-Proliferation of Nuclear Weapons and all international conventions on human rights. 3 In this relatively short time, Armenia has succeeded in carrying out agrarian reform by distributing to the people 80 per cent of its agricultural lands. Moreover, Parliament has already enacted the laws underlying denationalization, and has begun the privatization of small and medium-sized enterprises and of certain service industries. In addition, bills relating to reform of the banking system, credit, finance, the budget and communications are already before Parliament with a view to creating the legal infrastructure necessary for a market economy. The entrenchment of democracy and economic reform are taking place against the backdrop of blockades, skyrocketing unemployment, free-falling standards of living and an acute energy crisis. That energy crisis, which is the main reason for the drop in national production, is the result not only of regional blockades but also of the closing of our nuclear power plant for safety and ecological reasons. In those conditions the Government must still devote a major portion of its resources to rebuilding the Spitak region, hit hard by the earthquake of 7 December 1988. Democratization and independence have had a no less fundamental impact on the new direction of the foreign policy of the Republic of Armenia, which is based on two principles: First, the security of the State and the people hinges on normalized relations with all of our neighbours, on a negotiated solution to conflicts, and on strengthened regional economic cooperation. All of this should lead to the establishment of a system of regional collective security. 4-5 Secondly, Armenia is ready to participate in any constructive process that would guarantee the development of international economic and political cooperation and the strengthening of regional stability. That is why Armenia pursues an active policy in the Commonwealth of Independent States, in the Conference on Security and Cooperation in Europe (CSCE) and in the Black Sea economic cooperation process. Armenia wishes also to play a role in economic cooperation and a system of collective security in the Middle East. On the basis of those two principles, Armenia has already signed bilateral agreements with two of its neighbours: Georgia and Iran. We have also begun serious negotiations with Turkey on normalized relations with that country. In the light of the respective interests of our two countries and sharing a concern to restore regional stability, Armenia is convinced that it will be able to achieve that goal on the basis of international law. With equal persistence, Armenia has been pursuing that policy with respect to its fourth neighbour, Azerbaijan. Armenia harbours no territorial claims with respect to Azerbaijan, but we insist that the people of Nagorno-Karabakh not be relegated to the status of ethnic minority, that they not be denied their right of self-determination and that this population not be sacrificed on the altar of the principle of territorial integrity. 6 It is indeed high time that the security of the people of Nagorno-Karabakh should be ensured with sound international guarantees. Armenia is very pleased to note that the position which we have been defending since the outset of the conflict is being increasingly taken into account and even endorsed by other States involved. For us it is clear that the cease-fire is the necessary initial stage in advancing towards a solution to this question. Negotiations must follow, first between Azerbaijan and Nagorno-Karabakh on the status of Nagorno-Karabakh, together with the necessary international guarantees, and, secondly, between Azerbaijan and Armenia to resolve questions arising from the conflict. In order to bring about the required cease-fire, Armenia has welcomed all proposals made to date and thus Armenia, like the parliament of Nagorno-Karabakh, has just given an unconditional and favourable response to the cease-fire appeal made by the President of the Minsk group of the Conference on Security and Cooperation in Europe (CSCE). Unfortunately, Azerbaijan did not adopt the same position. At all events, Armenia is prepared to make a positive contribution in talks with Azerbaijan in the hope that the attention which we give to the well-being of all the peoples in the region will lead us to peace and stability. It is not too early to declare that the United Nations is in a position to assist in achieving these ends. As the Armenian people acceded to democracy and independence by constitutional and non-violent means, independent Armenia is moving towards peace and justice in the context of strict respect for international law. Similarly, in accord with the two principles I referred to previously, Armenia has attempted to transform the burden of history into an historic 7 opportunity to lay bare the historic roots that unite it with this region, to restore the communality of culture which connects it with the peoples of this region, and to transform ethnic and religious differences into a source of wealth conducive to resolving all the problems besetting our common house. This year was equally significant for the United Nations. The Republic of Armenia would like to congratulate the Secretary-General of the United Nations on his report entitled "An Agenda for Peace" (A/47/277). The report contains a number of constructive proposals to which I am sure the United Nations will give the closest scrutiny. Whether it be as a Member of the United Nations or as a party involved in a regional conflict, Armenia is very interested in proposals to create specific machinery for the implementation of Article 43 of the United Nations Charter. The creation of peace-keeping and cease-fire forces, binding arbitration for conflicts, and encouraging active recourse to the International Court of Justice under the aegis of the United Nations would be a major success for the international community and the new world order. Armenia realizes that other proposals to change the structures of the United Nations also contain constructive ideas which, if they were acted upon, would make it possible more surely to achieve collective security and the concepts of the new world order in the United Nations today. Armenia has acquired some experience in the creation of ,new structures while the former ones are gradually disintegrating. Accordingly, we are fully prepared to participate in the creation and implementation of a new world 8-10 order so as to avoid inertia, a lack of will or imagination, or simply a lack of vigilance and cause a return to the old system which attempted to impose solutions on peoples by involving them in even more bloody conflicts. In the new world order States should be able to shoulder the problems of their neighbours regardless of considerations of race, religion or ideology.