Allow me first of all to congratulate you, Sir, on your election to the presidency of the fiftieth session of the United Nations General Assembly. Your election is a clear recognition of the high esteem your country justly enjoys as an important link between different cultures and continents. This in turn has enabled Portugal to become an active partner of those countries, like Bulgaria, that are progressing towards democracy and a market economy within a united Europe. In today’s world of profound change the fiftieth anniversary of the United Nations is of significance above all as a vantage point from which to try to develop a vision for the future. Situated at the historical crossroads of nations and civilizations, Bulgaria today is seeking both to contribute to the successful redefinition of the United Nations role in the world of tomorrow and to ensure its own national security and wellbeing. The role of the United Nations should be above all to build upon the enhanced capacity of the Organization in three crucial spheres of its activities, namely, conflict settlement and peace-keeping, post-conflict peace-building, and the laying of durable foundations for lasting peace. Today we all recognize the emergence of a great number of new challenges to peace and security marked by extraordinary diversity and complexity. The conflict still raging in the former Yugoslavia has been a traumatic test of the key United Nations responsibility for conflict settlement and peace-keeping. The disappointments in this regard have been many and profound; yet we should all face up to the simple truth that our Organization can be only as effective as a guarantor of peace as we Member countries wish and permit it to be. Bulgaria has from the outset strictly adhered to policies supporting a peaceful settlement under United Nations auspices. Unilaterally, it has adopted and consistently abided by the principle of non-interference in the conflict. It has chosen not to become involved, either directly or indirectly, in any type of military activities on the territory of the former Yugoslavia, including participation in United Nations peace-keeping. We have called upon the other countries in the region to exercise the same restraint. On the other hand, throughout the conflict Bulgaria has supported every international initiative aimed at achieving a peaceful, balanced, just and comprehensive solution. In keeping with its obligations under the United Nations Charter and as a means of restarting negotiations, Bulgaria has consistently implemented the international sanctions regime. This step was taken on the basis of a national consensus that, despite the heavy burden such sanctions created for Bulgaria, it was our duty to implement them as a dependable member of the international community. Yet Bulgaria has sustained debilitating losses as a result of the sanctions. Over the past few years, we have repeatedly drawn attention to this problem, both as it concerns Bulgaria and as it concerns cooperation with other affected States. The sanction-induced losses so far amount to well over 25 per cent of Bulgaria’s estimated gross domestic product for 1995. This has made Bulgaria by far the country most seriously affected. Bulgaria’s policies favouring a peaceful outcome have helped to establish it as a stabilizing factor in a most deeply troubled region of Europe. At the same time, we feel that such recognition also contributes to enhancing the peace- making potential of the United Nations itself. Positive interaction between the policies of individual Member States and the decisions and measures of the world Organization is the decisive factor in enhancing the latter’s key mission, that of helping to settle conflicts and keep the peace. However, Bulgaria’s experience also shows that in order to discharge this mission successfully in the future the United Nations needs carefully to rethink its main peace- keeping instruments, such as economic sanctions and peace- keeping missions. In areas outside its immediate vicinity Bulgaria has in recent years contributed ground forces and civilian and police observers. In the operation in Cambodia, generally considered a success, several young Bulgarians lost their lives. We sympathize with other countries that have sustained human losses in subsequent missions, including the latest in the former Yugoslavia. We therefore strongly support the view that there is a need to reform and improve the ways in which such missions are planned and executed, with priority given to enhancing the safety of United Nations personnel. Recently, mediation between parties to a given conflict has been successfully utilized in the discharge of United Nations conflict-settlement missions. In this context, we welcome the agreement reached between neighbouring Greece and the Republic of Macedonia as a most important step towards lessening tensions in the whole of southeastern Europe. A further major contribution in this regard should be active United Nations support for and collaboration in bringing to a successful conclusion the present intensive efforts to attain peace in Bosnia. Bulgaria welcomes the United States peace initiative and the efforts to implement it in close cooperation with the United Nations and the countries in the Contact Group. This has opened up real possibilities for a negotiated settlement of the conflict. Experience derived from the Yugoslav crisis highlights the importance of another crucial United Nations function, namely, post-conflict peace-building. Today, it is obvious that although negotiations have not yet achieved a final settlement there is a need to begin to address the problems of post-conflict peace-building without delay. One set of such problems concerns the reduction of the levels of armaments and armed forces. It is clear that conflict settlement would be pointless were it not accompanied by a set of actions designed to remove the sources of real or potential security threats in the area. Thus, in the arms-control field Bulgaria shares the view that the establishment of a future harmonized arms- control regime in Europe should combine measures of both a pan-European and a regional character. Such measures should be based on the understanding that security must be indivisible and that any disproportionate concentration of armaments, in particular when coupled with a lack of control mechanisms, undermines security and stability. Therefore, the establishment of a credible system of arms control and confidence- and security- building measures for the territory of the former Yugoslavia, as part of and in line with the pan-European regimes, must be an essential part of a comprehensive post-war settlement. Relevant international bodies such as the United Nations and the Organization for Security and Cooperation in Europe (OSCE) should play a very important role in this respect. The main objective should 2 be to attain levels of armaments that will preclude once and for all any temptation to use force. The second set of peace-building measures concerns post-conflict economic reconstruction and stabilization. Important work has been done at the United Nations in the past several years for developing an integrated approach to successfully implementing reconstruction programmes. Such an approach should encompass four interrelated aspects: strategic issues of reconstruction, needs and capabilities, post-conflict reconstruction framework and mobilization of resources. Today plans for reconstruction are being laid for parts of the conflict area in the former Yugoslavia. Bulgaria is particularly well placed to contribute to such plans. This is so for a number of reasons: first, its long-standing relationship with the countries in and around the conflict area and its consistent policies in favour of a balanced and durable political settlement; secondly, because of the experience and know-how of Bulgarian companies with a long record of practical work in the area; thirdly, acquired knowledge and expertise in working with international financial institutions in implementing programmes for reconstruction and development. For all these reasons, Bulgaria could be an important factor contributing to the success of any reconstruction effort in the area. The emerging pattern of structured coordination between various organizations within and outside the United Nations system provides guidelines and a very useful example to follow. It encourages our own thinking as we start exploring practical and institutional possibilities for contributing to the concerted international efforts in this respect. At the same time, Bulgaria has every reason to expect also to receive a part of the international post-conflict assistance for the region. Effectively building the peace in the region requires that neighbouring countries that bore the brunt of sanctions and have sustained inordinate losses be included on a priority basis in the list of recipients of international assistance. Bulgaria’s concerns over the subject of sanctions have already become well known. We have formulated them in extenso on several occasions. In fact, the international community and, in particular, the General Assembly have recognized the right and the need to include non-target third countries in programmes for reconstruction and development. At its two previous sessions, on Bulgarian initiatives, the General Assembly adopted by consensus two resolutions on this set of issues. This year again, my delegation intends to submit a corresponding draft resolution which I hope will receive universal support. At this point, I cannot but underline the findings and recommendations contained in the report (A/50/60) of the Secretary-General entitled “Supplement to An Agenda for Peace” and, in particular, his conclusion that the price of sanctions implementation should be borne equally by all Member States and not only by those who have had the misfortune of being neighbours or important economic partners of a sanctions target country. I would like to take this opportunity to commend especially the efforts of His Excellency Mr. Boutros Boutros-Ghali in this particularly important field of United Nations activities. It is our view that, as a result of work already done, today there exists a significant scope of agreement on the ways and means for overcoming the specific economic problems confronting the affected States, as reflected in part IV of resolution 47/120 and resolutions 48/210 and 49/21 A of the General Assembly. Bulgaria is participating, and will continue to do so, in an effort to help towards the successful completion of the discussion on these issues in the United Nations. Together with conflict settlement and post-conflict peace-building, a third, parallel line of action should be undertaken without delay. It should focus on laying durable foundations for lasting peace through economic and social development. The task of achieving durable stability and security regarding peace and economic development has always been of particular relevance in South-Eastern Europe. It has become all the more so in the light of evolving European integration. In order to boost such development and lasting stability, there is an urgent need for concerted efforts by the international organizations and specialized agencies within the United Nations system, coupled with broader and more intensive cooperation at a regional level. It is doubtless necessary to avoid overlapping and duplication. Yet a mechanism must be put in place for effectively coordinating programmes for early implementation of achievable objectives. The Ministerial Conference on environment for Europe, which is going to be held in Sofia the last week of this October, is a particularly apt example of this approach. Another initiative along these lines is the Organization for Security and Cooperation in Europe 3 (OSCE) seminar on the role of trans-European infrastructure for stability and cooperation in the Black Sea region, which will also take place in Sofia, a month later. It will be dealing with priority projects for developing regional transport, telecommunications and energy infrastructure as factors both for economic growth and for lasting stability and peace in the area. The above forums could provide valuable inputs for the work undertaken within the European Union with the aim of elaborating a comprehensive regional strategy for South-Eastern Europe. Such a strategy could be based on the approach embodied in the measures accompanying the Pact on Stability in Europe, put forward at the time by the Union. Cooperation at the subregional level may also prove to be a factor of significant practical importance in this context. For its part, Bulgaria, in the course of the past several months, has attempted to develop thinking and proposals for regional stability, security and cooperation which could interact with initiatives and programmes developed by European and international institutions and major world partners. It is our belief that developing the economic dimensions of regional security will greatly favour the overcoming of local tensions rooted in the past, as well as the full-fledged implementation of the basic principles of relations between States under the Helsinki Act and the Paris Charter. With a view to promoting such regional cooperation, I would like to state from this lofty rostrum that Bulgaria is ready to host a gathering of interested Central and South- Eastern European States at the governmental level in the course of 1996. Given careful preparation and the support of the international community, such a high-level meeting could become a major step towards lasting security and stability in a historically much-troubled part of Europe. The parameters of the new international system are still taking shape today. What is positive is that in the days of the fiftieth anniversary of the United Nations the international community is looking for pragmatic and responsible approaches to lend new meaning to the Organization’s mission. The discussion of the possibilities of and prospects for United Nations restructuring can draw on the accumulated wealth of experience and take advantage of the prevailing spirit of cooperation. Let us make the best possible use of them and together venture into the new century stronger, wiser and more united.