May I start, Sir, by congratulating Mr. Opertti on his election as President of this great Assembly, and wishing him well as he guides its deliberations. I was privileged to visit his country, Uruguay, earlier this year, and appreciated the warmth and hospitality on that occasion. I would also like to express our thanks to his predecessor, Mr. Hennadiy Udovenko, who, with considerable commitment, presided over the introduction of many important reform measures during the past session. Each year this debate provides an opportunity to take a longer perspective on the United Nations — to look back and, of course, to look ahead. We have achievements to acknowledge and challenges for the future to consider. In doing so, our view is informed by present-day conditions. We are living in very difficult times. The economic events that have unfolded over the last year, initially in Asia, now show signs of having a global impact. They will affect developed and developing countries alike across most regions of the world. The problems that face us demand a calm and steady response if financial troubles are not to spill over into wider instability. This presents a direct challenge to us all, and a test of the component parts of the multilateral system. This year we mark 50-year milestones in two major areas of United Nations work, two areas that distinguish this half-century from earlier times: international peacekeeping and the development of international human rights law. Both have a part to play in responding to the challenges of the present day. Both typify the unique contribution of the United Nations system. It is in this global setting that universal international norms can be established. The international rule of law gives us a framework with which to deal confidently with the 7 problems that confront us. And it is through collective security that the countries of the world can work together to promote and reinforce peace and stability. New Zealand, as a small country, has from the outset valued the opportunities for global debate and collective action provided by the United Nations. We are committed to the strengthening of that system. We believe its effective operation is essential to the well-being of our world. We are, of course, as many are, conscious of the criticisms that have been levelled at the United Nations in recent years. Ten years ago the United Nations stock was very high. The end of the cold war was seen as heralding a new age. In 1988 the United Nations peacekeeping forces were awarded the Nobel Peace Prize. At the turn of the decade there was talk of a new world order. But the world community?s expectations of what could be achieved sometimes exceeded Member States? own political will to deliver. And the United Nations machinery, which had grown and expanded to meet world expectations, proved too cumbersome — and often very costly — to respond effectively. Euphoria about the United Nations began to give way to cynicism. One editorial writer this year referred to the United Nations as “a busted flush”. But when we take a longer view it is clear that neither euphoria nor cynicism is the appropriate reaction. Since the end of the cold war the United Nations peacekeeping machinery has been used as never before. There have been some marked successes and, regrettably, some failures. Much has been learned. Future peacekeeping mandates must reflect the lessons learned. The need for the United Nations to be able to carry out its peacekeeping role remains. Its successes point to what it can achieve. But today fewer troops are wearing the blue beret, and troop-contributing countries do not receive timely reimbursement. The largest contributor?s arrears in peacekeeping and the regular budget cast a long shadow over the Organization. Dues outstanding at present have reached alarming proportions. This affects all — large nations and small nations. We cannot afford to have the capacity of the United Nations restricted by this constant budget uncertainty. In my own area of the South Pacific we developed a regional response to a regional problem. I am referring to the island of Bougainville in Papua New Guinea, an island which was ravaged by civil war for nine years but has enjoyed peace for the last 12 months. It was the Governments of the region that set out to help the Government of Papua New Guinea and representatives of the Bougainville people to bring this horror to an end. The contributions of Australia, Fiji, Vanuatu, the Solomon Islands and my own country have played a valuable and significant role, and there is now growing hope and confidence on Bougainville — rare commodities for almost a decade. The Lincoln Agreement, signed in Christchurch, New Zealand, in January, while formalizing the ceasefire, paved the way also for United Nations participation. We welcomed the United Nations decision to set up a small political office on the island. This commitment by the United Nations will help strengthen the peace process there. Today the world faces uncertainty caused by the financial turmoil which began in Asia. It is affecting the Russian Federation, is putting many countries in Latin America under pressure and is now touching just about everybody. The sudden plunge in investor confidence and the reversal of developing markets? short capital flows has dramatically changed economic and social prospects. World economic growth this year will be significantly reduced. This most serious economic situation in many years has the potential to intrude upon all of our lives. We must cooperate to turn this crisis around. And at the national level we must take the actions required, not just for our own sakes but in the interests of the broader international community. This includes refraining from protectionist reactions, which could only exacerbate it, and pushing ahead with liberalization of markets wherever possible. A serious challenge is to ensure that economic insecurity does not threaten political and social stability. We must resist pressures to take political actions that we would normally avoid. The best way to achieve this is through a collective approach to the problems that confront us; to strengthen our multilateral institutions in the United Nations system and elsewhere and build confidence in our joint ability to work through difficult times. I was particularly struck by the comments of the Secretary-General, Mr. Kofi Annan, on these matters in his statement on Monday. His characterization of the 8 crisis — that it is not just financial or economic or social or political, but all of these things at once — is exactly right. I thoroughly endorse the Secretary-General?s conclusion that we must address the crisis on all these fronts. As a forum for debate, and as a body capable of taking global action, the United Nations, together with its specialized agencies, has an important role to play in building capacity and providing social support where it is needed. Much of what the United Nations has achieved provides the norms and mechanisms to help us through difficult times of the sort we are facing right now. The challenge for the Organization is to act decisively to tackle the problems that have the potential to undermine our security, problems that have their greatest impact on ordinary people in developing countries. Now is not the time to go backwards. Recent tragic events in Nairobi and Dar-es-Salaam have underlined that the fight against terrorism is far from over. The response to terrorism must be decisive and unequivocal. The international community has a duty to ensure that there are no safe havens for terrorist groups. Universal commitment to the network of anti-terrorist instruments must be a fundamental objective of all Members of this Organization. War crimes and crimes against humanity have seen a resurgence in this last part of the twentieth century. New Zealand supports the work of the ad hoc war crimes Tribunals in bringing criminals to justice. But this is not enough. New Zealand has long called for an international criminal court that would have jurisdiction over such crimes. We commend the effort of those who, through much hard work, dedication and compromise, enabled the Statute for the International Criminal Court to be adopted. It is our expectation that, with the support of the international community, the Court will prove an effective tool in the fight against those who carry out appalling atrocities. Nowhere is the need for multilateral action more clearly obvious than in our efforts to halt environmental degradation and promote sustainable development. New Zealand is honoured to have our own Environment Minister, the Honourable Simon Upton, chair the Commission on Sustainable Development for its seventh session. It is our strong hope that this session will see us advance Agenda 21, and take further steps towards achieving the goals set at the Rio Earth Summit six years ago. It is appropriate that in the United Nations Year of the Ocean the session?s themes will include oceans and seas and the review of the Barbados Programme of Action for the Sustainable Development of Small Island Developing States in preparation for next year?s special session of the General Assembly. The Kyoto Protocol to the United Nations Framework Convention on Climate Change adopted last December was a positive first step in dealing with this quintessentially global problem. There remain some important implementation issues to be resolved. The Fourth Congress of the parties in Buenos Aires will provide an opportunity to make further progress. Thanks to the commitment of the Secretary-General, we now have an Organization that is efficient and effective. There is more to be done if this great Organization is to meet the challenges of the present day: changes that make it possible to redirect efforts from the administration of the Organization to its front-line work in development and confronting global problems. New Zealand looks forward to continuing the dialogue on financing for development. Through our current membership of the Economic and Social Council we have followed closely the evolving debate on this very important issue. We very much welcome the initiatives taken by the Organization towards closer linkages with the Bretton Woods Institutions. Those institutions are themselves at the forefront of the effort to tackle the present economic crisis, probably the greatest challenge they have ever had. However, we must decide whether in their present form they are appropriate for the twenty-first century. This Organization, too, like any other, needs to respond to changing circumstances, and be flexible enough to meet new challenges. It must reflect the world of today, not stay fixed in the patterns of earlier times. The East-West conflict is well behind us. We now need to address anew the divide between North and South. The United Nations development role is crucial. Once again I believe the Secretary-General hit the nail on the head when he described in his statement on Monday the need to restore development to its proper place in global economic strategy. Also essential are measures to free up trade and investment flows, and promote access to information and technology. All of these are tools with which to fight the economic downturn which is confronting us. 9 The United Nations clearly has the leading role to play in development. Other international institutions play a complementary part. I am personally conscious of the particular contribution made by the Commonwealth through the recent Commonwealth Small States Mission. That Mission highlighted the special vulnerability of small States, which has led to the establishment of the Commonwealth/World Bank task force on the issue which will have relevance to the work of the Economic and Social Council and the United Nations Conference on Trade and Development (UNCTAD) on the question of vulnerability. Within the United Nations we need to correct the North-South imbalance to which I referred through reform of the Security Council. More equitable representation on the Council would better reflect the world as it is and today?s United Nations. Expansion is proving a complex issue, but there has been some good progress this year in the equally important area of reforming the Council?s working methods. Altogether, these are matters which require careful consideration and negotiation. Setting artificial deadlines ahead of general agreement on a reform package would not be helpful and could in fact prove damaging to the Organization. Any reforms must enjoy the support of the greatest possible number of Member States. I should add that regional groups in the United Nations still reflect an earlier era. New Zealand is certainly open to new ideas on how groupings can be reorganized to create a more equitable distribution of electoral opportunities and to recognize modern-day political and economic linkages. In the field of disarmament and arms control, it is timely to consider how far we have come and what we have achieved. The adoption of the Comprehensive Nuclear-Test-Ban Treaty in 1996 certainly promised the end of nuclear testing. But the global non-proliferation norm was shattered by the nuclear testing in South Asia, raising grave fears of a potential arms race. New Zealand has taken some encouragement from statements made in this Hall in recent days, and hopes that 1999 will be the year in which all countries that have not yet done so will sign up unconditionally to the Comprehensive Nuclear-Test-Ban Treaty. The Conference on Disarmament has now agreed to proceed with negotiations on a fissile material cut-off treaty. New Zealand wants to see those negotiations concluded as soon as possible. There must be no stepping back from the objective of complete disarmament, including the elimination of nuclear weapons. New Zealand?s commitment to this objective was reiterated in the declaration which I, together with the Foreign Ministers of seven other countries, issued on 9 June. New Zealand is now working with those countries on a draft resolution based on the concerns outlined in the declaration. One achievement which I personally see as a top priority for 1999 is the conclusion of a verification protocol to the Convention on the Prohibition of the Development, Production and Stockpiling of Bacteriological (Biological) and Toxin Weapons and on Their Destruction. Following a very successful initiative from Australia, I was pleased to chair a group of ministers who this week issued a statement urging Governments to commit themselves to completing this task. New Zealand supports the actions of the United Nations to ensure the elimination of Iraq?s stockpiles of weapons of mass destruction and the threat they pose to the security of the region. We urge the Government of Iraq to resume cooperation with the United Nations Special Commission so that the elimination of these dreadful weapons can be confirmed. Then the Security Council can once more address the question of lifting sanctions. In the 50 years since Member States adopted the Universal Declaration of Human Rights, the significance of the Declaration has been demonstrated time and time again. Yet there remains much to be done before the vision in the Charter and in the Declaration can be realized for all. We are confident that, under the leadership of the High Commissioner for Human Rights, we will continue to make good progress towards the realization of that vision. The United Nations can add value in promoting and protecting fundamental human rights standards, emphasizing practical capacity-building efforts. We have been supporting the High Commissioner?s efforts in this area, and we will continue to do so. We see countries in all regions of the world seeking the international community?s support as they build structures to provide good governance and deliver hope and greater well-being to their people. In particular, I am encouraged by developments in Nigeria and in Sierra Leone in this regard. As the last 50 years have demonstrated, this Organization has added a whole new dimension to 10 cooperation among nations. No lesser body could have achieved so much. In the longer perspective of history it will be the dramatic development of the international rule of law and the evolution of collective approaches to security, both political and economic, which will characterize our era. In other words, that really is the work of the United Nations. Now, with the challenge of the economic problems that face us, we nations of the world are more dependent than ever on solving our shared problems together. New Zealand therefore rededicates itself to the United Nations and to the ideals that this Organization stands for.