First of all, I wish to extend to Mr. Freitas do Amaral and his glorious country, Portugal, my delegation’s heartfelt congratulations on his election to the presidency of the fiftieth session of the United Nations General Assembly. I am certain that his leadership talent and experiences will enable us to meet the serious challenges that we face in today’s quickly changing world. I wish to assure him of our full cooperation. On behalf of the Kingdom of Cambodia, I would like to join the heads of delegation who have preceded me in the pleasant task of expressing thanks and admiration to the President of the forty-ninth session of the General Assembly, Mr. Amara Essy of Côte d’Ivoire, for the tremendous contribution he made over the course of a productive and historic year. The Kingdom of Cambodia wishes also to thank the Secretary-General, Mr. Boutros Boutros-Ghali, for his strong and effective work, which has been so instrumental in the success of this Organization. We are all aware of the Secretary-General’s great achievement in his handling of Cambodia’s problem. My country is very proud of him. Cambodia now enjoys peace, freedom and democracy thanks to the representatives of all the Member States, who have contributed so much in this peace process with us. Cambodia wishes to pay special tribute to the courage of the United Nations peace-keepers who died for peace and freedom on Cambodian soil alongside thousands of other compatriots. The Royal Government of Cambodia is working in close cooperation with the Special Representative of the Secretary-General in Cambodia, the Honourable Benny Widyono. His presence is of the utmost importance to Cambodia. He performs his duty with excellence and is highly commended by the Government and the people of Cambodia. The Kingdom of Cambodia appreciated the work of the Honourable Justice Michael Kirby, the Secretary- General’s Special Representative for Human Rights in Cambodia. Through close cooperation and regular consultations with him, and the United Nations Centre for Human Rights, steps are being taken to improve the human rights situation in the country. Cambodia, however, continues to support the presence and the work of the United Nations Centre for Human Rights. It is making valuable contributions to and recommendations for the improvement of the overall situation in Cambodia. It is with great honour and pride that I address this fiftieth session of the General Assembly, for the first time, as the representative of the Kingdom of Cambodia. The Royal Government today, under the leadership of both the First Prime Minister, His Royal Highness Prince Norodom Ranariddh, and the Second Prime Minister, Samdech Hun Sen, is now more than two years old. It was the result of a democratic election organized and supervised by the United Nations. It is a product of the multilateral efforts of the United Nations with the close cooperation of the Cambodian people, under the wise guidance and leadership of His Majesty King Norodom Sihanouk Varman. Through the determination of the Cambodian people, the Kingdom of Cambodia today has emerged from a long period of destruction and war, with many challenges and opportunities to build a better future. In the past two years, the Royal Government has made important progress and achieved some of the most important work in nation-building, peace-building and economic development. After the United Nations-sponsored election in May 1993 the two main political parties combined their efforts and formed a coalition Government, which has shown itself to be able to work closely in an efficient manner. These achievements were only possible with the support and assistance of the international community. With peace-building, Cambodia has further consolidated sustainable peace, security and stability, which are the necessary conditions for economic development and nation-building. We have been dealing with the task of reforming the military, the police and the 11 administration for some time now, in order to improve the public sectors so that they can serve the needs and interests of the Cambodian people and the private sector. At the same time, the Royal Government and the National Assembly are working very closely together to make Cambodia a State based on the rule of law. Cambodia is now concentrating more effort, time, energy and funds on nation-building and economic development. In this respect, Cambodia is a nation in the making. On the economic front, Cambodia is working closely with international financial institutions, particularly the World Bank, the International Monetary Fund (IMF), the Asian Development Bank and the Caisse Française pour le Developpement to ensure that the process of rehabilitation and transition to a market economy is well under way. Despite some difficulties during the period immediately following the elections, progress in economic development thus far is very encouraging. According to the latest report from the IMF, dated 15 September 1995, “The improved financial discipline has led to an increasingly stable economic environment, as is evident in the stability of the exchange rate after the wide fluctuations of previous years.” For the period from 1995 to 1997 the Kingdom of Cambodia is targeting a 7 per cent growth rate. The inflation rate was brought down from 200 per cent for the period before the election to 31 per cent in 1993 and to 18 per cent in 1994. An inflation rate of below 10 per cent has been projected for 1995. These improvements are linked to the pursuit of structural reforms in the financial sector, civil service, military and public enterprises. It is important to note here that a privatization law was adopted in December 1994, and private investments approved and formalized by the Council for the Development of Cambodia from August 1994 to May 1995 are estimated at $2.5 billion, compared to $621 million of private investment approved during the 1991 to 1993 period. The Royal Government is pleased to inform you, Sir, and the Assembly that the National Programme to Rehabilitate and Develop Cambodia has made great progress in articulating the Government’s overall and sectoral policies and programmes. The United Nations Development Programme (UNDP) First Country Programme for Cambodia for 1994-1995 has helped establish three important priorities: first, modernizing and restructuring the country; secondly, poverty alleviation and sustainable management of the environment; and, thirdly, natural resources. In this regard, Cambodia wishes to thank the Secretary-General for his appeal for the implementation of the Programme of Action for the Least Developed Countries for the 1990s, especially for the five main objectives: first, the lifting of the debt burden; secondly, a greater flow of finance to the least developed countries (LDCs); thirdly, a more favourable trade environment for the LDCs; fourthly, encouragement for partnership in LDCs; and, fifthly, a proper infrastructure within LDCs. The economic and financial situation in Cambodia is evolving positively, and the performance criteria subscribed to by the Government with international organizations have been achieved. While these are good signs for improving the economic situation in Cambodia, poverty is still a major problem, particularly in rural areas, where development is moving at a slower pace. Rural development has been hampered in some parts of the country by the continuing problem of landmines. With international and bilateral assistance, the Cambodian Mine Action Centre is working towards making Cambodia a landmine-free country. It will take time, effort and support from the international community to accomplish that task. This year the Kingdom of Cambodia has officially acceded to the Treaty of Amity and Cooperation in South- East Asia. It has become an observer member in the Association of South-East Asian Nations (ASEAN) and is now a member of the ASEAN Regional Forum (ARF). Cambodia is actively engaged in improving and expanding ties with all countries throughout the world. Since 1993, with its open door policy and the policy of positive engagement, Cambodia has rejoined the community of nations and is working closely with others to promote world peace and international security. So far the Kingdom of Cambodia has established diplomatic relations with 87 countries from all continents. Cambodia has also taken steps towards full integration into ASEAN. As an observer member of ASEAN, Cambodia may participate in important ASEAN meetings. In December this year Cambodia will for the first time participate in the ASEAN Summit in Bangkok, Thailand. Cambodia welcomed Vietnam’s full membership of ASEAN, Lao aspirations to become a full member by 1997 and Myanmar’s accession to the Treaty of Amity and Cooperation in South-East Asia, to become 12 an observer, and looks to the day when all the countries of South-East Asia form an ASEAN-10. At the same time, Cambodia welcomes the recent positive trends in the continuing development and growth of the Asia-Pacific Economic Cooperation (APEC). While sustainable economic development and growth are crucial for us all, it is important that development works to further enhance peace and stability for the whole world. The long-term solution being widespread economic development, Cambodia wishes to assure the Assembly of its support for the newly created World Trade Organization. I turn to the question of world peace and international security. Cambodia is very concerned about the situation in Afghanistan. We support a peaceful settlement of the conflicts in Bosnia and Herzegovina and Somalia. Continuing war in these countries will have serious repercussions on international security. Cambodia warmly welcomed the major agreement concluded between Israel and the Palestinians on Sunday, 24 September 1995. We support and encourage the continuing efforts of the Israeli and Palestinian people to build peace, freedom and harmony between them. Cambodia is very happy to see that Mrs. Aung San Suu Kyi, leader of the National League for Democracy of Myanmar, was freed last July by the State Law and Order Restoration Council. We welcome this latest move by Myanmar. We note with great concern the role of the United Nations peace-keepers. Ten years ago they numbered only 4,000, but now, as new conflicts pop up like mushrooms, their number has risen to over 70,000. A new situation has also emerged wherein the credibility of the peace-keepers is constantly being challenged. We must find a mechanism to strengthen the role of the peace-keepers and give them better support and protection against the evil forces that are out to weaken and destroy them. It is in this context that we applaud the new role assigned to the peace-keepers in Bosnia and Herzegovina. We pray for the success of the peace talks, led by the distinguished American diplomat Richard Holbrooke, between Croatia, Bosnia and Herzegovina and the Bosnian Serbs. The subject of the United Nations Conference on Women, held in Beijing this year, was very timely. Since the formation of the Provisional Government in June 1993, Cambodia has been conscious of the rights of women. Cambodia now has in the Government a National Secretariat for Women’s Affairs, which promotes greater recognition of the roles of women in society. The Royal Government sent a delegation of women, headed by Her Royal Highness Princess Marie Norodom Ranariddh, to Beijing. With regard to nuclear testing, as a Party to the Nuclear Non-Proliferation Treaty (NPT), Cambodia strongly supports a ban on all nuclear testing around the world. As we have just concluded the 1995 Review and Extension Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons, nuclear tests anywhere, whether atmospheric or underground, are of major concern for all of us in terms of the health, safety and well-being of humankind. The Kingdom of Cambodia notes with satisfaction that progress is being made on the comprehensive test-ban treaty, and we applaud the agreement that has been reached on the mandate with regard to the production of fissile materials for weapons. We are very happy to see the encouraging sign from the International Atomic Energy Agency (IAEA) in augmenting application of the NPT’s safeguards provisions. As one of the founding members of the Non-Aligned Movement, Cambodia looks forward with great enthusiasm to participating in the ninth Summit Conference of Heads of State or Government of Non-Aligned Countries, to be held this year in Cartagena de Indias, Colombia. We applaud the professional skill and chairmanship of His Excellency President Soeharto of the Republic of Indonesia during the last three years, as leader of the Non-Aligned Movement. Cambodia is very happy to welcome the next Chairman of our Movement, His Excellency President Ernesto Samper, President of the Republic of Colombia. My delegation wishes to assure him that he will receive the fullest cooperation from Cambodia. We are convinced that he will, in a very spirited way, keep our Movement in the international agenda spotlight. As we celebrate the fiftieth anniversary of this important Organization, an Organization that we should all be proud of, Cambodia calls for the strengthening and enhancement of the role of the United Nations, and urges that we move towards global peace-building and harmony. Remember that our Organization was built on the very idea of preventing and ending all conflicts and sufferings, and remember also that this same idea was made possible 13 in the case of Cambodia. Cambodia, I am very proud to say, is one of the success stories of our Organization.