Please allow me to extend to you, Sir, my delegation?s sincere congratulations on your election to preside over the fifty-third session of the General Assembly. I wish you all the best in carrying out your duties. Let me also express my appreciation for his excellent work to Mr. Hennadiy Udovenko, the President of the General Assembly at its fifty-second session. As of today 462 days remain until the end of this century — a century which has recorded many phases in the development of the world. There have been times of confrontation and times of partnership, times of protectiveness and times of openness. Seven years ago the walls of separation between the nations of East and West were torn down, creating opportunities for closer cooperation and economic integration. This also opened doors for nations to promote general welfare, mutual understanding and respect and the building of trust and confidence in one another. As has been said about this moment in history, it is not so much that the borders between States are now open and can be freely crossed, but that they can be transcended. Distances and borders now have limited significance; the globe has become a universal village in its own right. Today, the world economy appears to be sliding into a deep crisis. The countries that are suffering the most are the poorest. While I realize that globalization entails risks and challenges for economies and societies, I am convinced that there is no alternative. The only credible formula for a viable global economy is the promotion of freer trade through the abolition of trade barriers and the pursuit of sustained economic and democratic reform. Once starting on this path of reform, as difficult as it may be, there can be no stepping aside for shortsighted political consideration. Estonia?s success is living proof of this. Along with many other States, Estonia began its transition from a Communist regime to democracy and from a State-controlled economy to a free market in 1991. By 1997, Estonia had the highest economic growth rate in Europe, and preliminary figures for 1998 indicate that growth continues to be strong. Estonia?s inclusion among the six countries to begin accession negotiations with the European Union is a recognition of its achievements in building a civil society and a well-functioning market economy. In my country, we are proud of the European Union invitation. We regard the European integration process as among the most challenging yet most rewarding endeavours for our continent, today and in the distant future. European integration is not simply an effort to provide our citizens with the tools for success in a globalizing world; it is also a catalyst for greater openness throughout the continent. We are convinced that pursuing membership is in itself a strong guarantee for stable development, as it provides all applicants with a viable road map to reform. Estonia greatly appreciates the help provided by the United Nations, other international organizations and a number of bilateral donors during the difficult early years of transition. Now that Estonia has entered into the post- transitional stage of its development, we believe it is time to start paying back. During the last eight years our Government and people have accumulated a wealth of experience and know-how on transition to a market democracy. We want to share this knowledge with countries at an early stage of their reforms, starting from building up a well-functioning border guard and finishing with successful monetary reform. Learning how to teach and provide support is the final lesson before graduation, and this should be the goal of every reform country. At any one time, there are 15 or 16 armed conflicts from around the world on the Security Council?s agenda. Conflicts between and within States spread from Europe to Africa, from the Middle East to Asia. These conflicts are often driven by poor socio-economic conditions or ethnic nationalism. Estonia, recognizing the primary role of the United Nations in the maintenance of international peace and security, supports efforts to maintain and strengthen the Organization?s capacity to organize and effectively conduct its peacekeeping operations. In addition, we trust that the phasing out of gratis personnel, as mandated by the General Assembly, if handled properly, will not adversely affect the functioning of the Department of Peacekeeping Operations. As a contributor of personnel, Estonia is committed to continuous participation in United Nations peacekeeping operations. We are preparing to dispatch the joint Estonian- Latvian-Lithuanian battalion known as BALTBAT for its inaugural tour of duty in the near future. I would like to extend our thanks to all nations which have supported the establishment and formation of BALTBAT. Estonia also intends to continue its involvement in Bosnia and Herzegovina within the United Nations International Police Task Force (IPTF). As a conflict 31 prevention measure, it welcomes and supports the enhanced cooperation of the United Nations with regional organizations or arrangements. In particular, deeper cooperation with the Organization for Security and Cooperation in Europe (OSCE) and the Organization of African Unity (OAU) has great potential. This year has already provided the international community with a number of landmark events. Among notable achievements were the twentieth special session, on the reduction and prevention of the illicit production, sale and demand of narcotic substances, and the adoption of the Statute of the International Criminal Court. Estonia trusts that this fifty-third session of the General Assembly will reinforce the momentum captured in June and July in both New York and Rome, respectively. On the other hand, the world community has witnessed a number of vicious terrorist attacks. It is time for everybody to understand a basic fact: terrorism is not politics; it is not religion — it is murder. Estonia deplores all terrorist activities wherever they occur, whatever the form or manifestation. We sympathize with all nations that have suffered these acts and call for even stronger solidarity to fight against such attacks. We also must acknowledge that even on the eve of the fiftieth anniversary of the adoption of the Universal Declaration of Human Rights, one of the major accomplishments of our Organization, the world is still home to gross violations of human rights on all six continents. We therefore call for a sustained effort of the General Assembly, in close cooperation with regional organizations, to address this issue and to find the most effective mechanisms for early warning to identify and stop these violations. Finally, a few words concerning the United Nations reform. We support reform based on the proposals by the Secretary-General. Estonia strongly believes that the aim of this reform must be to come to grips with a changing world as well as the principle of cost-effectiveness.