I would first of all like to congratulate you, Mr. President, on your election to this responsible post, and to wish you success. On behalf of the Republic of Bulgaria, let me congratulate the delegations of the States that have joined the United Nations as new Members this year - the Czech Republic, the Slovak Republic, The Former Yugoslav Republic of Macedonia, Eritrea, Monaco and Andorra. Three years ago, in this same Hall, I had the honour of addressing the world forum. My message was on behalf of democratic Bulgaria, a country where changes fully and genuinely match the ideals and values uniting the nations in the world Organization. Since then, as indeed over the past year, under the Bulgarian presidency of the General Assembly, we have witnessed diverse and often contradicting trends in international life. If there is a dominating feeling, though, it is one of optimism and of trust, on the part of both Governments and nations, in the United Nations as a spokesman for and guarantor of the political will of the world community for peace and sustainable democratic development. We have seen a number of encouraging examples of this. The democratic changes in Eastern Europe have added an element of dynamism to building European unity and the European civil society, a society open to the rest of the world. Important forums of the European Community, the Conference on Security and Cooperation in Europe and the Council of Europe provide a frame and a foundation for the emerging European unity and security. Bulgaria has been an active participant in the European organizations. It will be the first post-Communist country to assume the presidency of the Committee of Ministers of the oldest European organization - the Council of Europe. It is also a coordinator of the Black Sea Economic Cooperation Group, bringing together the countries of that region. After the Berlin wall, the walls of Jericho came tumbling down. There began the long-expected unraveling of the Gordian knot in the Middle East, the place where three world cultural and religious traditions coexist. We welcome also the development of democratic processes in South Africa that will lead to the establishment of a united and non-racial society. Humanity has bid farewell to chemical weapons; and it has succeeded in convening world conferences on subjects believed until recently to defy consensus, such as human rights and protection for the victims of war. The democratic changes in Eastern Europe and the former Soviet Union continue to be an important condition for the positive changes in international life at the turn of this century. The heightened attention of the world community to the social and political tensions in Moscow is as understandable as is the broad international support for the reform-minded and democratic forces in Russia, support with which Bulgaria fully agrees. The dramatic events in Moscow which we witnessed over the weekend prove how difficult and painful the transition from post-Communist 6 General Assembly - Forty-eighth session society to democracy and a market economy is, and what dangers and risks it entails. The United Nations cannot simply stand by and watch with indifference the difficulties of the countries in transition. If we are to live up to the name "United Nations" we have to render our moral, political and financial support to these nations. The collapse of totalitarian rule, and the breakup of the Soviet empire and of the Warsaw Treaty, created an unexpected paradox: less danger to world peace and, at the same time, less peace in the world and more challenges and trials for the United Nations. Regional conflicts have proved to be a key problem for the new democracies. Think of the consequences of the world community’s failure to handle the war in the former Yugoslavia! The stakes are always high but they are even higher in the Balkans where conflicts threaten to spill over and embroil other States. Bulgaria’s civilized and good-neighbourly Balkan policy entitles it now, as indeed at the very outset of the Yugoslav crisis, to insist on firm judgement and energetic steps on the part of the General Assembly, the Security Council and the Secretary-General to contain and end the barbaric war in Bosnia and Herzegovina, and to prevent other smouldering conflicts in former Yugoslavia from flaring up. Recent attempts to find concerted ways of coordinating the peace-keeping efforts of the United Nations and the North Atlantic Treaty Organization (NATO) have been followed with keen interest in Bulgaria. We have already voiced our support for the constructive engagement of President Clinton’s Administration, notably the preventive stationing of a contingent of troops under a United Nations flag in Macedonia. Bulgaria is against re-drawing borders and gaining territory by force. It has been consistent in its position in favour of a peaceful solution of the Yugoslav crisis. By virtue of its geopolitical situation, Bulgaria has a key role to play in implementing the economic sanctions against Serbia and Montenegro. We share the longest land border with Serbia and we are not involved, either directly or indirectly, in the hostilities in former Yugoslavia. Without Bulgaria the sanctions will be doomed to failure. Fully aware of our responsibility, we adhere strictly to the relevant resolutions of the Security Council in the face of great economic sacrifice. Measured against our potential, the losses are indeed huge. The embargo has closed Bulgaria’s direct route to the markets of Western Europe. Consequently, its losses for 1992 were estimated - with expert assistance from the United Nations Development Programme (UNDP) - at $943.6 million. The 1993 figure is expected to be several times higher. The effect of the sanctions may lead to halting and thwarting economic reform, as well as jeopardizing the democratic process and social peace in Bulgaria. In other words, the price Bulgaria is paying for peace and security in the Balkans and in Europe may prove fatal to its internal peace and stability. Direct losses from the sanctions against former Yugoslavia, Iraq and Libya, are commensurate with one half of Bulgaria’s external debt to commercial creditor banks, and they dim the prospects for economic recovery, development and integration into the world community. As a State Member of the United Nations Bulgaria fulfils its international obligations in good faith, convinced that any civilized country concerned about world security should uphold a common cause - even at the cost of sacrifice. Yet, is it not fair for a country in our position to seek assistance and understanding from the world Organization and its Member States? There is an urgent need to devise a working mechanism of awarding compensation to Member States which sustain losses as a result of the strict implementation of the sanctions imposed by the Security Council. The provisions of Chapter VII of the Charter are equally important and should be applied strictly. Article 50 of the Charter could be backed up by relevant agreements for concrete aid to Member States affected by sanctions against third countries. The forms of compensation could include, among others, measures to ease the economic situation of the affected country, such as concluding stand-by agreements with the International Monetary Fund (IMF), facilitating the debt- servicing and settlement procedure, financing major transport and communication infrastructure projects nationally and regionally - in our case, new bridges on the River Danube, an international airport, motorways linking Bulgaria and Greece, Bulgaria, Macedonia and Albania such as Thessaloniki-Vidin and Sofia-Skopje-Tirana - speeding up the ratification of the European Association Agreement between Bulgaria and the European Community and an earlier accession to the General Agreement on Tariffs and Trade. The Bulgarian delegation at this session of the General Assembly will put forward proposals on some of the above issues. We rely on the support and cooperation of the States Members of the Organization in this regard. Forty-eighth session - 5 October l993 7 Considering that no international organization at the moment is in a position to award direct compensation for losses sustained as a result of economic sanctions, the indirect ways of compensation could be of crucial importance. The problem of international sanctions and compensation merits serious attention. It calls for an in-depth analysis, as it vitally concerns a number of States Members of the United Nations. The time is ripe to look into these issues at a special forum for which Bulgaria offers its hospitality. United Nations peace-keeping operations have constituted a most significant and prominent part of the world Organization’s work over the past year. I could not emphasize more the importance of the Secretary-General’s report entitled "An Agenda for Peace", which developed the concept of crisis management through preventive diplomacy. Bulgaria supported this political strategy and backed up its words with actions by sending Blue Helmets to Cambodia. Once again, the international community seems to have been inadequately prepared for mounting such operations. The question of the safety of United Nations personnel proved particularly poignant. Bulgaria lost 10 volunteers in Cambodia, not to mention the cost of its involvement, which has not yet been fully estimated. Early warning for potential conflicts calls for effective international mechanisms to monitor the human rights situation, including that of individuals from minority groups - because conflicts brew wherever individual human rights are trampled upon, wherever the universal values of modern civilization are replaced by survival instincts and political pluralism and the diversity of ideas, by intolerance, xenophobia, racism, religious and political bigotry and violence. The idea of creating a new post within the United Nations system, that of a high commissioner for human rights, is an expression of the desire to step up international cooperation in this field. We are prepared to participate actively in discussing this matter. Let us look at the United Nations potential for crisis management. Many of the proposed ideas hold out promise. But if they are to materialize, the United Nations must live up to its coordinating, organizing and mobilizing role in finding the relevant political and military means. In the Yugoslav crisis, for instance, the Euro-Atlantic and European security organizations could have taken up some of its functions. Here is a case in point. The North Atlantic Treaty Organization (NATO) has undergone a significant evolution in its attitude towards the conflict. As well as becoming a major challenge, the Yugoslav crisis has provided an impetus for the alliance to review its priorities and objectives. Bulgaria openly declares its readiness to enhance its cooperation - including as a full member - with NATO and its member States. Our good bilateral relations and security cooperation with Turkey and Greece illustrate clearly our approach and intentions. It would be beneficial to Balkan and European security if these relations could be developed further into cooperation between allies within NATO. Bulgaria is willing and able to shoulder responsibility and act as a reliable partner. Addressing today’s global social and economic problems calls for new approaches in the work of the United Nations specialized bodies in these areas. New ways and means should be sought to facilitate access to technical assistance and modern technologies. There is a need for daring and pragmatic initiatives in areas such as trade liberalization, the future of the General Agreement on Tariffs and Trade (GATT), external debt, labour migration, unemployment, environmental safety and the proliferation of environmentally friendly technologies. The Republic of Bulgaria is ready to cooperate in any of the above-mentioned efforts as a member of various United Nations bodies, including possibly the Economic and Social Council. The strengthening of the regime of the Treaty on the non-proliferation of Nuclear Weapons and the preparation for the review Conference in 1995 are of paramount importance. Bulgaria shares the view that the non- proliferation Treaty should become universal and be of indefinite duration. Bulgaria’s expectations for the future role and functions of the United Nations determine its attitude towards the ongoing reform of the world Organization. On the basis of its history of nearly 50 years, the Member States can identify elements of its Charter and structure that need revision and others that are universal and lasting and whose validity should not be questioned. Clearly, such decisions can be reached only after serious debate and by consensus of the Member States, notably the permanent members of the Security Council. It is essential to preserve the Security Council as an effective decision-making mechanism if its representation is broadened. The powers and responsibility of the Secretary-General will certainly change, with an increasing emphasis on his diplomatic and peace-making efforts. 8 General Assembly - Forty-eighth session The Bulgarian delegation is taking part in the forty- eighth session of the General Assembly and making its contribution as an active member of the international community. Our commitment to the problems and the future of the Organization is prompted by our awareness of being among the staunchest supporters of its cause and noble missions.