Please allow me to congratulate the President and his country, Malaysia, on his election to the presidency of the fifty-first session of the General Assembly. We hold his many contributions to the work of the United Nations in very high regard and we are convinced that his wisdom will guide this session of the General Assembly to a successful completion. I also take advantage of this occasion to thank Professor Diogo Freitas do Amaral of Portugal for his wise and dignified leadership of the General Assembly at its jubilee fiftieth session. The first half-century of the United Nations has elapsed and the General Assembly is meeting at a time of great opportunities. Seldom has the United Nations enjoyed such a high level of freedom from friction in the relations among the major Powers of the world. Moreover, our time is also one of profound and promising change. Never before has the world been better equipped to seize the opportunities of economic and technological development for the benefit of all. The democratic transformation which has taken place in large parts of the world has substantially improved the quality of life and added important opportunities for a large part of the world’s population. However, very serious problems persist. Poverty and social disintegration, environmental degradation and new forms of threat to international peace and security are serious dangers to our common future. The fact that our world is no longer threatened by cold war rivalries offers little consolation if we think of the dangers which cast their shadows on our path towards the future. The unique opportunities of our time can be forfeited. Never before has the time been so precious and the need for effective global action so clear. The United Nations must be able to adjust so as to become more effective and more successful in addressing the challenges at hand. The essence of the principal task before the United Nations today can be captured in two words: adjustment and modernization. The compelling need to adjust and modernize the Organization should be guiding its activities, in particular those aiming at its reform. However, the United Nations experience of the reform efforts of the past year has not been entirely satisfactory. The progress of various working groups of 11 the General Assembly has been slow, a fact to be noted with concern. The present session of the General Assembly and its general debate should provide fresh incentives and energize the process of reform, which should proceed in a coherent and balanced manner. The process of downsizing the Secretariat, while being welcome and necessary, should become part of a wider change characterized by a clear definition of the priorities of the United Nations and by an adequate allocation of its human and material resources. Greater discipline must be achieved in the financing of the United Nations. This should be accompanied by a new, more balanced scale of assessments. Furthermore, innovative forms of financing should be devised, in particular in such domains as the protection of environment and sustainable development. Last but not least, there is, in several parts of the United Nations, a need for structural change. The necessary expansion and reform of the Security Council — which includes reasonable enlargement — is a case in point. It is obvious that the efforts at reform should go hand in hand with the implementation of the basic tasks of the United Nations. The preservation of international peace and security is the principal objective of the United Nations. One of the areas of implementation of this objective that is constantly gaining importance is cooperation between the United Nations and regional organizations in the common efforts for world peace. We see possibilities in different parts of the world for the creation of durable security arrangements based on regional organizations and their cooperation with the United Nations. We shall continue to support the efforts for coordination and cooperation between the United Nations and regional organizations through such methods as increased consultation, diplomatic support, mutual operational support and joint operations, in accordance with Chapter VIII of the Charter of the United Nations. In Europe, the role of such regional organizations as the European Union, the North Atlantic Treaty Organization and the Organization for Security and Cooperation in Europe is constantly growing. We welcome and support the growing complementarity and cooperation between these organizations and the United Nations. Disarmament continues to be among the most important areas in which the role of the United Nations is fundamental. It can be said that, in recent years, the United Nations has solidified its leading and coordinating role in this area. The agreement on the non-proliferation of nuclear weapons achieved last year and the conclusion of the Chemical Weapons Convention are witness to that. Slovenia welcomes the adoption of the Comprehensive Nuclear-Test-Ban Treaty (CTBT), which we signed yesterday. Slovenia took an active approach from the very beginning to the CTBT negotiations. We deeply believe that only strict implementation of the Treaty can contribute to a safer world in the future. The interaction between the Conference on Disarmament and the relevant United Nations bodies has intensified. We should strive to improve further the disarmament machinery. In this context, we note with regret that the project of expansion of the membership of the Conference on Disarmament remains incomplete. We continue to believe that all States willing and able to contribute to international disarmament efforts should be enabled to participate in the Conference on Disarmament as full members. Slovenia wishes to be and is capable of being among the members of the Conference. Slovenia also supports activities of the international community needed to limit and eventually eliminate the use of inhumane and excessively injurious weapons — including anti-personnel landmines — and is ready to take an active part in these efforts. In Bosnia and Herzegovina, the process of return to normality has started. Less than a year ago, Slovenia joined all the members of the international community in expressing appreciation to the United States of America and all others involved in the preparation of the Dayton Agreement. After many years of tragically futile exercises, the moment has come for a decisive step towards real peace in Bosnia and in the Balkans. The military action of the North Atlantic Treaty Organization gave credibility to the written word and created conditions for a comprehensive effort to rebuild Bosnia and Herzegovina economically, politically and socially. In Slovenia, we welcomed the holding of the presidential and parliamentarian elections which took place in Bosnia and Herzegovina 10 days ago as a positive step forward and as a substantial contribution to peace and stability in Bosnia and Herzegovina. Within the framework of post-conflict management of the situation in Bosnia and Herzegovina, there is a growing need to ensure economic reconstruction and provide adequate economic aid. Slovenia is actively participating in the international efforts for the economic 12 reconstruction of Bosnia and Herzegovina and still hosts many Bosnian refugees. Slovenia is a young country that obtained United Nations membership in May 1992. Over the past five years of independence, Slovenia achieved positive results in the process of political and economic transformation. Growing cooperation with its neighbours and in the region enabled Slovenia to reach a high degree of economic and political stability. We strongly believe that such a policy is to be observed as a contribution to the sustainable stability of the region. After a successful transformation, Slovenia is now ready to take its share of responsibility not only for regional arrangements, but also for international peace and stability. That is why Slovenia seeks to become a Security Council member for the 1998-1999 term: to participate actively in the Council’s central role in developing an effective system of global security at a time when the Security Council faces significant challenges to international peace and security. We firmly believe that Slovenia is able to meet all expectations and to work with other member States so as to make a full contribution to fulfilling the demanding tasks of the Security Council.