At the outset, I am pleased to extend to Mr. Opertti my sincere congratulations on his election as President of the General Assembly at its fifty-third session. I am confident that his experience and skill will help ensure that we achieve the best results possible in our proceedings this session. I should also like to take this opportunity to express my appreciation to Mr. Hennadiy Udovenko for his 5 notable success in guiding the proceedings of the General Assembly at its fifty-second session. It am also pleased to express thanks and appreciation to the Secretary-General, Mr. Kofi Annan, for his unceasing efforts to reform the United Nations and to enhance its credibility while strengthening its role in maintaining world peace and security. The aspirations of the world?s peoples and States to achieve stability based on security, peace, prosperity and advancement, which are basic objectives of the international community, impose upon us the duty, year after year, to take a realistic account, in this international forum, of the configurations of international realities for which the United Nations serves as the most credible gauge and the most comprehensive reference point for changes in various fields. This would enable us to assess together how close we are to, or how far we are from, our basic human objectives. Developments in recent months and weeks in various parts of the world, and their implications and effects at different international levels, have demonstrated that, despite all the efforts made, this world is a long way from achieving the stability desired. They also demonstrate that no single Power, nation or bloc, however powerful or influential, can distance or protect itself from instability, which is rampant in the world, unless situations in the north, south, east and west are approached in a unified, consensual and fair manner and with balance and interdependence. This must be done in order to radically solve problems and issues, addressing their root causes and avoiding double standards and partial or temporary solutions, and without deferring seemingly chronic problems that are bound to rear their heads again in one form or another. The failure of the international community to take proper advantage of the end of the cold war has been made manifest by the nuclear arms race erupting in Asia, obstacles in the Middle East peace process, the rise of terrorism and other acts of violence committed indiscriminately in various parts of the world, as well as the worsening of economic crises in several regions. The international situation is once again precarious, and it is incumbent upon all of us to treat these matters comprehensively, and with greater firmness and determination. The increased gravity of the phenomenon of terrorism on the one hand, and the divergence of views regarding that phenomenon on the other, underline the need for greater international understanding and more effective joint coordination. This calls for the need to convene an international conference at the highest possible level to combat terrorism, for it is illogical to condemn terrorism at one level, while giving haven to persons involved in it at another level. Such an enormous task cannot be undertaken by any single State or bloc alone, whatever resources it may have. Thus we are once again faced with an enormous and renewed responsibility placed on the shoulders of our international Organization, which has now been required, in the light of the new conditions and the profound changes in the international environment, to adopt effective and unconventional working methods so as to confront these new and unprecedented situations in the history of humankind. This bestows a renewed importance and should also give new impetus to both the United Nations reform programme put forward by the Secretary-General last year and to approaches to reactivating the performance of the Security Council in line with more effective formulas for its restructuring and functioning which may be acceptable to the international community within the United Nations. These formulas should take into account equitable geographical distribution and an appropriate increase in the Council?s membership, commensurate with the increase in the Organization?s membership. Bahrain takes pride in the fact that at present it is the representative of the Asian Group in the Security Council. Experience has shown that the end of an era, or victory in a confrontation, does not mean the end of crises or confrontations in the world, and that continuous international vigilance and permanent joint action are indispensable if we are to avoid inertia and prevent the recurrence of such crises. Creative visions and innovative methods to deal with new challenges are required. That does not mean that we have reached the end of history, as some have imagined. Rather, it means that we have reached an unprecedented phase of history on the practical and political plane of the international situation. Insofar as the theoretical and intellectual aspects are concerned, it is a fact that — however numerous may be the views and interpretations in research and discussions in the world?s different cultures and civilizations that have captured the attention of the world in an unprecedented manner in respect of the “globalization” phenomenon and its dimensions and possible impacts, both positive and negative — the United Nations, established over half a century ago, remains the indisputable mother institution for this phenomenon. The United Nations represents an early concretization of globalization in world history, 6 despite the fact that globalization was not then as mature or comprehensive as it is today. If there is to be a global focal point qualified to carry out balanced and objective research on the dimensions of this phenomenon whose impact is yet to be agreed upon, this international Organization should be the common melting pot for the various visions and diverging interpretations concerning the globalization of the international scene, irrespective of the cultural, intellectual and spiritual directions of their proponents. This should also be achieved in a manner whereby the fashionable phrase “clash of civilizations” can be transcended and replaced by harmony and dialogue. Should the United Nations, with its institutions and intellect, be unable to absorb this international phenomenon and its consequences for human and international reality, this may lead to a different global reality that is incompatible with the spirit and philosophy of the Organization. The result of such a situation might in the long run become difficult to contain and control within the bounds of international legitimacy and existing international cooperation, as attested to by the increase in acts of terrorism and the breaches of established norms in more than one field. It goes without saying that the United Nations will be unable to meet historical and future obligations of this magnitude, without adequate support from all its Member States, whether at the level of financial obligations, practical facilities or, more importantly, political support for its programmes and plans. In the final analysis, the United Nations is merely the sum total of the joint political will of Member States. This sum total, be it positive or negative, is but an expression of the capacity of that political will to undertake joint international action. In spite of the apprehensions and risks that loom over the international horizon, the future for the third millennium is laden with promises, hopes and potentials that are worthy of sacrifice and hard work for the sake of a better future. Accruing scientific and technological advancement, the increasing speed of communications and the information revolution, the spread of free trade and the deepening interaction among nations, cultures and civilizations are all harbingers of a better world for all mankind. As it witnesses these positive new developments on the world scene, Bahrain, with its deep-rooted civilization, is hardly a stranger to this. Five thousand years ago, Bahrain was one of the most important commercial ports in the world. By virtue of its openness, based as it was on freedom of commerce, it constituted a meeting place for cultures and human thought. Since that early time, by symbolizing the heritage of the old world regarding coexistence and interaction between human contributions, it became qualified to be an island for peace and to be a civic and spiritual centre in its natural and human environment in the Arabian Gulf. The existing legacy of its old civilization bears witness to that. Consequently, and since the beginning of its current renaissance, Bahrain has sought to meet the requirements of modern advancement in the areas of administration and management, educational and cultural enlightenment and the creation of an open and civilized society that is capable of evolution based primarily on the Bahraini individual?s innovation, capabilities and basic rights to a free and honourable life. It has thus become a model for balanced modernization that preserves the traditions of our region of the world. By virtue of this distinctive role, the State of Bahrain, small in size as it is, today bears a hefty regional and international responsibility on three levels simultaneously: first, in its capacity as the financial and banking centre of one of the world?s most important economic areas; secondly, in its capacity as a fundamental link at the forefront of the joint defence strategy of that vital region of the world — as has been the case continuously over the last half-century, coinciding with the history of the United Nations; and thirdly, in its capacity as a social, cultural and civic model that has, since the beginning of this century, been open to modern thought and reforms and to progressive human development for both men and women equally in various fields of education and work, and in responsible social and national partnership. This has been reflected in this year?s United Nations Development Programme Human Development Report. That report placed Bahrain first in the Arab world for the fourth consecutive year, for its achievements in human development. Furthermore, the accomplishments in the field of economic and industrial development in Bahrain reflect model diversification of the means of production, which goes beyond an exclusive dependence on oil. As it takes part in the United Nations celebrations marking the fiftieth anniversary of the Universal Declaration of Human Rights, Bahrain in fact does so as a reflection of its real and historic contribution to the 7 building of the social, educational and developmental foundations for these basic human rights — the very core of the general structure of society — in a manner that transcends slogans and efforts to politicize this venerable human issue. In addressing this issue, due consideration should be given to the historical and legislative peculiarities and values of every society, religion and culture, so that the outlook of one system cannot predominate over the legitimate and unique outlook of another. The United Nations played a positive role in defusing the crisis between Iraq and the international inspection teams earlier this year. The State of Bahrain welcomed the Memorandum of Understanding reached between the Secretary-General and the Iraqi Government. In view of our keen interest in the preservation of security and peace in the Gulf region, we applaud the effective role undertaken by the Secretary-General in defusing the crisis and sparing the region from dangerous ramifications and consequences. We wish to reaffirm the need for Iraq to continue fulfilling its international obligations concerning the elimination of weapons of mass destruction and the release of Kuwaiti and other prisoners of war and detainees. Any progress in this respect should be recognized as a first step towards the alleviation of the suffering of the brotherly Iraqi people. The State of Bahrain has always emphasized the need for ensuring the unity and territorial integrity of Iraq and the rejection of any interference in its internal affairs. The continued occupation by the Islamic Republic of Iran of the three islands of Abu Musa, Greater Tunb and Lesser Tunb, which belong to the United Arab Emirates, remains a cause of concern to the State of Bahrain and the other sister members of the Gulf Cooperation Council. We hope that ongoing contacts between the sisterly United Arab Emirates and the Islamic Republic of Iran will lead to the settlement of the question of these islands by means of serious bilateral negotiations and other available peaceful means for the settlement of disputes among States through reconciliation. As far as the general situation in the Gulf is concerned, we, of course, welcome the easing of tension and the progress toward rapprochement and dialogue between the States members of the Gulf Cooperation Council and the Islamic Republic of Iran as being in the interest of all their peoples and of the preservation of peace in that region. The painful events in the Gulf region during the last two decades explain why the question of regional security remains one to which the State of Bahrain accords the utmost importance in view of its serious ramifications and repercussions in relation to the security, stability and safety of the States and peoples of the region. The territorial and boundary claims currently seen in the Gulf region, which aim at changing established and traditionally accepted boundaries, upset the security and stability of the region. In our view, the optimal and most judicious course for avoiding that scenario is to respect the status quo, to refrain from all claims, total or partial, and to settle any related differences by peaceful means acceptable to the parties to the dispute. The establishment of relations among the States of the region on the basis of good-neighbourliness, mutual respect, non-interference in the internal affairs of others and recognition of every State?s national sovereignty are also fundamental elements for the maintenance of security and stability in the region. Regarding the Middle East peace process, this year has not witnessed any positive developments or progress, despite all the efforts to move the process forward. We believe that the lack of progress in the peace process will lead to an escalation of tension, extremism and violence in the region. Having supported the peace process since its very beginnings at the Madrid Conference as a strategic option for the achievement of a just, comprehensive and lasting peace in the region, Bahrain is deeply concerned at the stalemate in the peace process resulting from the Israeli Government?s insistence on following policies of procrastination, non-compliance with commitments previously agreed upon with the Palestinian Authority, and construction of more settlements both in Holy Jerusalem and in the Syrian Golan. That is in addition to the continued confiscation of land in the occupied Palestinian territories. Therefore, we call upon the international community, and in particular the two co- sponsors of the peace process, to intensify efforts to rescue the faltering process, prevent its failure and put it back on the right course on all tracks so that just and comprehensive peace may be attained on the basis of the principle of land for peace, the return to their owners of the Palestinian territories, including in the first place Holy Jerusalem, recognition of the right of the Palestinian people to establish an independent State of its own on its national territory, complete withdrawal by Israel from the occupied Syrian Arab Golan to the borders that existed on 4 June 1967, in accordance with Security Council resolutions 242 (1967), 338 (1973), and the unconditional withdrawal from occupied southern Lebanon in accordance with Council resolution 425 (1978). With regard to the question of disarmament relevant to weapons of mass destruction, it should be recalled that 8 Israel continues to avoid accession to the Treaty on the Non-Proliferation of Nuclear Weapons and a commitment to end a nuclear arms race in the region. Such a position is apt to force other States to enter such a race, as has happened in South Asia, and as could happen anywhere in the world. This year marks the fiftieth anniversary of the world?s multilateral trading system. Since the system was established, numerous rounds of multilateral trade negotiations contributed to the creation of the World Trade Organization. We hope that the forthcoming round of trade negotiations, expected to begin before the end of the century, will lead to the creation of an environment conducive to the development and diversification of world trade, and to the enhancement of economic and commercial cooperation among States on the basis of equality and reciprocal benefits. The financial crisis that has afflicted a number of States and regions has caused economic tremors and has visibly affected the economies of numerous States, thus affirming the interdependence of the world economic system. In view of the consequences of this crisis, the international community must pay special attention to the treatment of economic factors that have a bearing on world growth rates and find effective solutions to them. It is our view that dialogue and cooperation between States of the North and of the South with a view to addressing world economic conditions would enhance world economic stability, lead to a greater flow of financial resources for development purposes and solve problems related to indebtedness, transfer of technology and the promotion of international investment. Environmental issues constitute a challenge that will face mankind during the twenty-first century. Concerted international efforts will be called for to address and prevent the dangers related to that challenge. Accordingly, the State of Bahrain has endorsed the Protocol adopted by the third session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, held last December at Kyoto, Japan. We look forward to the fulfilment by the developed countries of their obligations under that Protocol. On the threshold of the twenty-first century, we view assertion of the importance of one civilization at the expense of others as incongruous at the dawning of a new era, an era based on peaceful coexistence between civilizations, their integration, their mutual enrichment, and their interaction with one another on an equal footing. The experience of the United Nations since its establishment has shown that variety and diversity of cultures are means towards fusion and harmony rather than towards antagonism and divisiveness. Therefore, it is incumbent upon us, during the forthcoming period, to build relations among all nations, peoples, States and cultures on the basis of cooperation, consensus and understanding, rather than confrontation, hegemony or collision. Let us together promote close and enduring ties among peoples and cultures in a world of interdependence and fraternity. Let national and cultural pluralism be elements of fruitful solidarity and mutual understanding in the creation of an era of peace and tranquillity. This Organization, which over the last 50 years has guided mankind towards better understanding and greater cooperation and coordination, is capable of pursuing its historic role and undertaking a positive role in the ongoing evolution of the international community throughout the next century. It is thus no exaggeration to say that the world has never before witnessed as historic a juncture as this, where it needs a joint international vision and concerted international action with a view to crossing to the shore of safety for which we all yearn.