On behalf of the Republic of Equatorial Guinea, I should like to join previous speakers in expressing our support and congratulations to His Excellency Mr. Srgjan Kerim of the Republic of Macedonia on his election to preside over the debates of the sixty-second session of the General Assembly. We congratulate him because his country is an example of freedom and democracy and because, for the United Nations, the sovereign equality of States whether large or small is a principle of respect for dignity, justice, equality and peace throughout the world. We are convinced that under his far-sighted leadership the Assembly will ensure that those principles are observed and respected by all. We also congratulate his predecessor, Her Excellency Ms. Haya Rashed Al-Khalifa of Bahrain, President of the General Assembly at its sixty-first session, on her great political skill in serving the interests of the international community at a time dominated by wars, conflicts of interest and natural disasters. In addition, we commend the laudable work of the Secretary-General, His Excellency Mr. Ban Ki- moon, who deserves our full support so that United Nations intervention can be effective in conflicts and situations threatening peace, stability and the well- being of nations. Equatorial Guinea is participating in the present session of the General Assembly with uncertainty regarding United Nations efforts, which are drowning in a vicious circle of good declarations of principle and technical and scientific definitions, which are ethically motivated but which ultimately fail to attain the objectives of the peace, security, development and well-being of humanity, which inspired the establishment of this world Organization. Indeed, the fact that, despite so many preventive resolutions, we are focusing this year’s deliberations on atmospheric degradation, which currently poses a threat to humanity because of nuclear tests; the proliferation of chemical industries with military purposes, which are destroying vital elements of the environment; the use of chemical weapons and other weapons of mass destruction in armed conflicts; and the irrational use of non-renewable natural resources, which is destroying ecosystems activities that do not seek the common good of humanity, but that have caused the destruction of the ozone layer and the breakdown of the components of the planet’s atmospheric equilibrium. This is an obvious sign that our resolutions are being ignored. The tsunami, if it was not the result of a nuclear test, must be the consequence of this atmospheric deterioration, which has now increased the number of floods, hurricanes, fires, cyclones, earthquakes and volcanic eruptions throughout the world. Nevertheless, for more than 20 years the United Nations has undertaken praiseworthy initiatives to reduce spending on these activities and to use the surplus on development in the poorest countries. Despite that, no favourable response has been made by the countries owning these industries. Nor has the Kyoto Protocol itself which obliges States to reduce their emissions of harmful gases been ratified by all the States Members of the Organization. Equatorial Guinea believes that the phenomenon of climate change must be addressed by the United Nations with the same intensity with which it is currently addressing issues that include, among others, democracy, human rights and the threat of terrorism. It is correct to say that climate change is a challenge for all States, because its effects are truly harmful to everyone. But we cannot ignore the fact that the primary responsibility lies with those who developed, for their own interests, the technologies that are destroying the ozone layer. The countries of the tropical forests of the Congo Basin in Africa and the Amazon Basin in South Africa cannot make use of their own forest resources, because they must contribute to the maintenance of the ecosystems that help to maintain the ozone layer. However, there are no compensatory policies to avert the economic resource crisis occurring among the affected peoples. My Government is now committed, in the spirit of the Kyoto Protocol, to processing the gas produced by the oilfields of my country and its neighbours into liquefied gas for the benefit of humanity. Nevertheless, Equatorial Guinea cannot manage to benefit from the credits offered by the international financial institutions and bodies, because we qualify as a middle-income country, whereas it is known that we have produced oil for only 10 years and have never had any development infrastructure. Our uncertainty is even greater when we consider the problem of development financing for the least developed countries. In our view, no bilateral or multilateral cooperation policy has shown itself to be capable of meeting the basic development financing needs of poor countries. Because of a lack of political will, everything is reduced to political conditioning factors and requirements that cannot be met by countries seeking to develop. In that regard, Equatorial Guinea has not been informed of the fate of the 0.7 per cent an insignificant amount that developed countries were to give from their gross domestic product for the financing of the least developed countries. Nor has the question of the cancellation of the external debt of least developed countries and their interest been welcomed by creditors, despite their historic obligations. Our experience over many years has shown us that Equatorial Guinea cannot develop if it does not have its own means and if it does not take principal responsibility for it. Thus, once oil resources were discovered, the Government organized, in 1997, the first national economic conference in order to plan better use of these resources for the short, medium and long term. The programme adopted has been implemented in a manner satisfactory to the people and Government. Now we can organize the second such national economic conference, in order to plan the development of the country for a sustainable economy. From this rostrum, we would like to invite bodies of the United Nations system and friendly Governments and international economic institutions to participate in this conference in Equatorial Guinea in the first two weeks of November this year, in order to help us by sharing their experiences. Humanity has never been threatened and frightened as much by terrorism as over this last decade. Terrorism used to be known as a process for the settlement of accounts through violent means by those who felt powerless to see their claims met through legal and democratic processes. It has now reached different dimensions, which do not uphold legitimate claims, nor are their effects directed only against persons or institutions from which rights are being demanded. Any third-party country can be a victim of terrorism today, as if it were a country against which the demand may be lodged. The result is that today terrorism is a threat against humanity. It violates individual and collective freedoms, impedes the exercise of democracy, violates the peace and security of nations and stands in the way of the development of peoples. All countries of the world that love peace, justice and freedom have the duty and the obligation to combat this phenomenon, which is a form of regression of the human species. However, there seems to be a tendency to ignore another, similar phenomenon, namely, the use of mercenaries, that practice of resorting to force to destabilize legitimate political regimes for whatever reason. In the case of Republic of Equatorial Guinea, it has been clearly shown that the invasion operation against our country by mercenary groups in 2004 was organized to gain access to oil. The masterminds behind that operation, clearly identified, were leaders of Governments of States Members of the United Nations. Since these facts came to light and were denounced by my Government, we have not had any condemning reaction from specific Member States or friendly countries in criticism of the barriers to bringing to justice the perpetrators of that operation, which means that they would probably be happier had the invasion of my country been successful, with the inherent dramatic consequences. If we want to combat terrorism and the use of mercenaries, we need to rely on well-developed internal security systems and to exchange information among States. We have to be faithful and show solidarity with the principles of the equal sovereignty of States, non-interference in internal politics of other States and the resolution of controversies by peaceful means, giving priority to dialogue, consultation and tolerance. We should adamantly condemn any terrorist act of intimidation and destabilization of States and take actions of solidarity against such acts, because they threaten State sovereignty and the free will of people. Finally, if we are looking at reform of the United Nations today, it is because the objectives that support this world Organization, their very principles, have been and are being systematically violated. The United Nations has gone through many changes: from an organization aspiring to a universal consensus to one comprised of interest blocs; from an organization with universal goals for the well-being of humanity to an organization of the stronger against the weaker. Today, the reason for a veto in the Security Council is not so much the necessity of preventing abuses of power by some against humanity as it is an eagerness to defend the partisan interests of groups or individuals. Thus, although a veto in the Security Council does not mean anything today because resolutions are not much observed, Africa also has its own interests to defend. Thus we want the right of a veto to be conferred on the continent and not a State, because that continent represents a third of humanity. The future of humanity is in our hands. Each one of us must feel committed to meeting the challenges of our time so that new challenges can become new hopes for people. May God guide us in our deliberations.