On behalf of the Government and the people of the Dominican Republic, it is a pleasure to extend our warmest congratulations to Mr. Srgjan Kerim of the former Yugoslav Republic of Macedonia upon his recent election as President of the General Assembly. We would also like to take this opportunity to greet the members of the General Assembly. During the four years following the Millennium Summit of 2000, the Dominican Republic went through a crisis, during which our national currency was devalued by 100 per cent. Our working class had to double its efforts simply to meet their basic subsistence needs. Drug trafficking and high levels of crime gained a foothold, and our credibility went down worldwide. According to the statistics of the World Bank, the United Nations Development Programme and the Economic Commission for Latin America and the Caribbean, more than 1.5 million out of the 9 million Dominicans sank into the lowest levels of poverty. At that time, we were facing one of the most dramatic crises in the modern history of the Dominican Republic. Since we took the reins of administration in 2004, the Dominican Republic has managed to recover the confidence of investors and entrepreneurs. We have been able to reactivate economic growth. We have been able to reduce inflation. We have increased jobs and improved social conditions and quality of life for the Dominican people. However, exactly when we began, just like the phoenix rising from its own ashes, a gloomy international picture threatened to darken our prospects for future growth. In recent weeks, for example, the price of oil on the international market has reached an unprecedented rate, and projections point towards continued increases. These price increases are asphyxiating our economies. Similarly, in recent times, as a result of changes on the international stage, free zone companies in the Dominican Republic, alongside those in Mexico and Central America, have been losing their competitive edge to Asian countries. This drop in competitiveness has resulted in the loss of jobs, production stagnation and a shortage of new investment. Moreover, while the price of oil is rising, and with the prices of goods in the global economy fluctuating, we also find ourselves unexpectedly affected by price increases for food. All of a sudden we are surprised by the news that owing to the elimination of export subsidies in Europe, the price of milk has increased on the international market. The same has occurred, although for different reasons, with the cost of corn, soybeans and wheat as well as with other products that comprise the basic nutrition of the family. Because of the climbing prices of those products, the cost of chicken, turkey, bread and eggs have also risen. As will be appreciated, we are facing a dangerous situation which could lead our people towards widespread famine and, consequently, a plunge into extreme poverty. Those factors have led to a vicious cycle that is spreading throughout the global food chain, while, in spite of the plea for free trade, producers in the world’s most powerful countries remain protected. As an example, while a United States farmer has access to state-of-the-art farming equipment, the most modern facilities and technologically proficient staff, that farmer also receives government subsidies of approximately US $750,000 per year. Furthermore, the farmer might produce a pound of corn for a mere 7 cents. At the same time, Félix David García Peña, also a corn farmer, who belongs to the Association of Farmers in San Juan de la Maguana in the southern part of the Dominican Republic near our border with Haiti, is struggling alone to make ends meet and to lead a decent life. His farming equipment is outdated. His tractor emits clouds of smoke every morning when he attempts to turn it on. His facilities are dilapidated. He receives no government subsidies since the Government is in no financial position to help him, and his production cost for one pound of corn is 12 cents, almost double the production cost of the subsidized United States farmer. When we asked Felix how we, as the Government, could help him, he stated, “I don’t want anything. All I want is fair trade to be able to sell my corn. The fact is that the challenges of globalization are having a marked impact on countries like the Dominican Republic. What we are experiencing is the interdependent character of current international trends. What seems to be a distant or remote event nevertheless has a direct impact on the daily lives of our peoples. Another example that illustrates the undeniable interdependence of all nations on earth is climate change. That topic is not new to our discussions in this Organization, but with each year that passes we find ourselves closer to the predicted disasters. In the Dominican Republic, we are already experiencing the impact of climate change in various ways: an increase in the volatility and frequency of floods, droughts and hurricanes that destroy our ecosystem, our biodiversity and our infrastructures. Also, we are experiencing increased coastal erosion and loss of beaches as well as frequent bleaching of our coral reefs, thus reducing our marine biodiversity and making tourism less attractive. Given all those challenges presented by globalization, a country like the Dominican Republic asks itself: where is international solidarity, where is cooperation between peoples, how are we going to address together all of those challenges which affect most of the peoples of the world? The truth is that there cannot be solidarity when there are those in the world who seek to accumulate wealth even while others suffer. There cannot be cooperation when there are people who think only of conducting business without taking into account the pain and anguish of others. The United Nations system was created to promote solidarity and cooperation, and it is only fair to recognize that there is no other organization at the world level that has the prestige, capability and vocation of the Members of this world Organization. However, this grand forum of humanity, established after the enormous sacrifices of the Second World War, must also reform itself, if it intends to fulfil the ideals that inspired its creation, as enshrined in the Charter at the San Francisco Conference. The current structure of the United Nations is no longer adequate today. The structure still corresponds to the cold-war period, even though humankind has advanced beyond an era when all events of importance were determined by the rivalry of two super-Powers. Now, in the twenty-first century, we in the Dominican Republic do not truly comprehend why the President of the World Bank must be an American and the Managing Director of the International Monetary Fund, a European and why major global decisions are the responsibility of only five countries. As one of the founding Members of the United Nations, the Dominican Republic aspires to a position on the United Nations Security Council as a non-permanent member. In that position, we would strive to be a voice in favour of the weak, those without protection or shelter, the forsaken of the world. That is our sole aspiration. The Dominican Republic will uphold, responsibly and with conviction and determination, the values and principles the Organization has pledged to represent, as a beacon for peace, human dignity and the civilized coexistence of all inhabitants of the Earth.