First of all, Sir, I should like on behalf of the delegation of Venezuela and on my own behalf to congratulate you on your well- deserved election as President for this session of the General Assembly. In addition I should like to express our apprecia¬tion to Mr. Ismat Kittani for the effective manner in which he carried out his duties. I should also like to congratulate Mr. Javier Perez de Cuellar on his election as the fifth Secretary- General. His credentials, his personal qualities and his search for solutions to complex problems all indicate that his course of action as head of the Secre¬tariat will be a wise one. We wish him every success in his major aspiration to reactivate the political role which it is within the competence of the Secretary- General to fulfil. At the same time it is our duty to transmit to Mr. Kurt Waldheim our appreciation for the com¬mendable work he did during the 10 years he held the post in promoting the United Nations as an absolutely essential institution which we need to maintain, develop and strengthen. The report of the Secretary-General oh the work of the Organization raises questions of great importance and dramatic urgency for Member Staffs. Venezuela wishes to praise the frankness and direct style reflected in the report and at the same time to confirm our absolute adherence 6o the Charter and our hope that the political will of nations will be expressed without reticence in favour of collective action for peace and security, as stated in that document. If, as the Secretary-General states in the report, we are "perilously near to a new international anarchy", that is largely due to the constitutional role of the international organizations, which has led and leads to conflicts between national aims and the goals of the Organization, as is pointed out in the report. Resort to confrontation, violence and war in the pursuit of national interests has not infrequently been encouraged by the historical practices of powerful States and the growing scepticism regarding the results of measures taken by multilateral organizations whose actions towards peace are halted by the very States which enjoy privileges within the United Nations. We believe that the tragic conflict In the South Atlantic would not have led to such bloodshed if there had been multilateral action towards peace and timely attention to the just claims of peoples which had suffered from the unpunished aggression of the empires that were all-powerful in an international order which no longer exists today. The States with the greatest relative power in a world living in conditions of a balance of fear and the constant risk of a nuclear war can hardly expect to consolidate their privileges by considering overall relations among peoples in terms of their own specific interests. These privileges in many cases were acquired at the expense of the dignity and the resources of the weaker people. As long as justice and respect for the nations which represent two thirds of all mankind are not reflected in resolute action by United Nations organs constant disappointment will merely foster a phase of absolute cynicism in international relations,. The consequences of colonialism and neo-colonialism have been devastating for peace. Venezuela maintains that the continent of Latin America should be a reserve of peace. We share the feeling of all the fraternal people of our hemisphere that the elimination of the colonial strongholds which still exist in our hemisphere brooks no delay. There is no valid argument for any European nation to retain territories, authority or troops in America. In order "to reinforce the protective and pre-emptive ring of collective security", as the Secretary- General urges in his report, we, the Member States without hegemonistic ambitions, would like the United Nations machinery to be respected and imposed upon ail States equally, for disappointment regarding he effectiveness of the Organization and the lack of hope of any future improvement are caused by the belief that the powerful accept mechanisms and deci¬sions only when it suits them, and that when it does not they create obstacles to them or ignore them. Serious consideration of practical ways for the United Nations to develop its capabilities and to be used as a positive institution in the promotion of the free and peaceful progress of mankind in our time forms part of the Secretary-General's plan of action. Venezuela considers that his report contains coura¬geous ideas and is prepared to respond constructively within the possibilities open to it. My country wishes to point out that the ability to use properly the means available today to the Organization to tackle the grave problems which mankind faces depends decisively on the States which have the privilege of being permanent members of the Security Council. We are convinced that the Assembly will adopt sensible and just resolutions on the Malvinas, the Middle East, apart/ten/ and Namibia, ratifying and strengthening previous resolutions on those delicate subjects, to mention only some of the more striking matters referred to in the Secretary-General's report. If hope and confidence in the United Nations are to be restored, ways must be found to make those resolutions effective, with the full support of the international community, ways which will make it possible to overcome the obstacles which selfishness and injustice are undoubtedly raising in order to prejudice the harmonious coexistence of peoples. The statement made by the President of Venezuela, Mr. Herrera Campins, at the thirty-sixth session of the General Assembly had as its motto "Faith in the United Nations and hope for peace. At that time he affirmed that "This is an Organization of peace-loving countries'. In that spirit it was created, and in that spirit it should continue. That is the spirit that imbues Venezuela's foreign policy in all situa¬tions." Venezuela is attending this most important yearly exercise of the United Nations at a time when the Organization's reputation and effectiveness have been shattered. International crises succeed one another and continue. One of the problems which causes most concern is the situation in the Middle East, which has been exacerbated by recent events in Lebanon. We are following closely the tragic events there, realizing that we live in a world in which important and far- reaching events cannot be viewed as isolated facts. Violence in all its forms is rampant in the region. What has happened in Lebanon has shown the extreme cruelty to which some will resort Mass crimes have become a new practice in the face of which the international community has found itself unable to act. Today the world is the victim of an evil game which threatens to bring it to catastrophe and chaos, in the absence of effective machinery to enable all States to live together harmoniously. Venezuela considers that at this session, more than any other, because no other session has been held in the shadow of such painful and complex circum¬stances, the General Assembly must make an effective contribution and find a valid solution which will put an end to war and map out as soon as possible the road leading to peace. The escalation of acts of retaliation seems to be uncontrollable, encouraging and increasing the use of violence. As Mr. Herrera Campins said in his speech at the thirty-sixth session with regard to the Middle East, "peace cannot be achieved nor kept until there is a global solution to the conflict accepted by all the parties involved and until the legitimate rights of both the Palestinian and Israeli peoples to live in peace and freedom are recognized" [%?/<?., para. PR]. In its international conduct, Venezuela has consistently followed a policy of decolonization. This attitude is demonstrated by its constant support for the innumerable resolutions that have been submitted on the subject. Puerto Rico has been a special concern of Venezuelans ever since the beginning of the struggle for the emancipation of Latin America led by our Liberator Simon Bolivar. Venezuelans share, with a deep-rooted feeling, his ideal that Puerto Rico should be a member of the Latin American family. We recog¬nize the existence of democratic freedoms in that sister island, and we expect that its sovereign future will be an expression of its people's legitimate right to self-determination. The Government of Venezuela recently took a step of great significance in the Held of decolonization when it recognized the Democratic Arab Sahraoui Republic as a sovereign and independent State, one closely linked to Hispanic culture. Venezuela has formally applied for full member¬ship in the movement of non-aligned countries. Venezuela shares the fundamental principles and objectives which brought that movement into being and recognizes it as a forum in which the majority of the countries of the world are represented, thus constituting a force to promote peaceful coexistence, economic and social development and the political independence of its member States. The twelfth special session of the General As¬sembly, which was held at United Nations Head¬quarters this year, ended in virtual failure because of the Assembly's inability to adopt the comprehensive programme for disarmament. The results of the special session should serve as a lesson for States, particularly nuclear-weapon States, which bear the greatest responsibility in this field, and they must redouble their efforts in the cause of disarmament and see to it that those efforts are reflected in concrete action in the Committee concerned. Venezuela is persevering in its policy of co¬operation with the countries of Central America and the Caribbean. Accordingly, the programmes derived from the San Jose Agreement remain fully in force. Our commitment to the institutionalization of freedom and democracy in the area has been maintained without interruption and with absolute clarity, as has our rejection of interference by bloc politics. We support the effort of the Government of El Salvador, which bore fruit with the exemplary civic testimony of the elections held on 28 March. The people of El Salvador went to the ballot boxes in numbers unprecedented in their history, bearing witness to their desire for peace and their repudiation of violence. Venezuela welcomes the happy out¬come of the democratic process in Honduras and expresses its hope that complete normalization will soon become a reality in Guatemala and in Panama. We reaffirm our unswerving determination to co¬operate in the strengthening of peace, freedom, justice and a pluralist democracy in an area in turmoil where nothing that happens is alien to us. In this respect, the President of Venezuela, the only head of State invited to attend the celebrations marking the third anniversary of the Nicaraguan revolution, recalled on that occasion the international commit¬ment to respect pluralism that the leaders of that country had entered into. The efforts of Venezuela and Mexico with regard to the tension between Honduras and Nicaragua are being made in the context of a striving for peace, freedom and democracy within Latin American channels without recourse to foreign action. Venezuela, like many other developing coun¬tries, views with profound concern the persistent deterioration and swift decay of the international economic situation. Nobody is unaware of the extreme gravity of those developments and their inevitable social and political consequences, which are the most serious threats to stability, progress and peace in the world. It is noteworthy that the most recent analyses of the world economy by international organizations shows such agreement. From a broader and universal perspective, the United Nations itself in the 1981¬1982 economic survey, when referring to the wide¬spread stand-still in the world economic expansion, stated that this "slow-down affected all major regions and groups of countries, independent of their level of development or economic structure. The decel¬eration was particularly intense in the developing countries".' Taking a similar view, the report by the UNCTAD secretariat categorically affirms that "the developing world is facing the gravest economic crisis since the Great Depression," and that "this is the product of the malfunctioning of the economies of developed market-economy countries, and has been intensified by the growing disarray in the trade and financing systems". For their part, organizations and specialized agencies such as GATT and IMF confirm those evalua¬tions. The symptoms of this situation can be summarized by the following indicators: low growth rates in production, the collapse of prices for commodities, the contraction of international trade, the revival of protectionism and counter trade practices, monetary and exchange instability, extensive and sudden fluctua¬tions in the balances of payments, extraordinarily high levels of indebtedness and soaring debt- servicing costs, a pull-back in productive investments and a flare-up of financial speculation, alarming and rising unemployment rates, lowering of expenditures for social purposes, growing military costs and an acceleration of the arms race by the great Powers. The situation I have just described is the result of contradictory and mistaken economic policies, as well as of the disorganization and malfunctioning of the world economy in its three basic aspects, commercial, financial and monetary. The increasingly blatant absence of rules and growing arbitrariness make forecasting impossible and thus sustain widespread unrest. Thus, we see how the developed countries, instead of strongly encouraging the development of exports by the developing countries by just remunera¬tion for their commodities, which in the long run would have led to a healthy expansion of interna¬tional trade for the benefit of all, have preferred to finance the imports of the third world on scandalously exorbitant terms. The effects of those actions are striking: after a phase of expansion of international trade, which was artificially and pathologically sustained, in large measure, by the rising indebtedness of the third world, the burden of the corresponding financial charges is now being turned against the industrialized countries themselves as a result of the drastic curtailment of the import capacity of the developing countries, which virtually eliminates them as factors promoting international trade. The total debt of the developing countries will be far in excess of the incredible amount of$6P0 billion by the end of 1982. This debt imposes intolerable burdens on the foreign exchange earnings of the developing countries and makes them increasingly insolvent. In Latin America alone the debt will amount to $280 billion by the end of this year. The amortiza¬tion of this debt represents the equivalent of 56 per cent of Latin American exports. This situation, which in the context of traditional conditions is now to be reinforced for strategic purposes, could have grave political and social consequences. The situation I have described is an unpre¬cedented challenge to the international financial system. The developing countries will have to make constant efforts to revitalize their economies, increase their productivity and improve their efficiency in the management of financial resources. All this will have to be done in a way that will be socially and politically bearable. The developed world must accept its responsi¬bilities, not only for the sake of the principle of justice, but also in its own interest. Financially, it will be necessary to preserve the capacity of international organizations which supply funds on preferential terms. This implies the need to review contributions to IMF, the World Bank, the Inter-American Develop¬ment Bank and similar institutions so that their resources bear some relation to the size of existing problems. There is one fact which cannot be ques-tioned: the economies of the industrialized countries cannot be sustained without the support of strong development in the third world. The time for major decisions is drawing near and we cannot afford to let slip any opportunity to have our voice heard. We, the developing countries, must reaffirm by our presence and active participation the importance of forums such as UNCTAD and must be attentive to what might happen at the next GATT ministerial meeting. We have been fighting for a complete restruc¬turing of the international economy, and we have denounced the policy of making the developing coun¬tries bear the brunt of that readjustment. All this has brought the world economy to the critical situation in which it finds itself today. It would be senseless to expect that the steps the situation calls for will be taken overnight, just as it has been senseless to postpone the essential dialogue. An atmosphere of mutual trust must be established to contribute to the charting of a new course for the world economy. This is a pre-condition of the lessening of international tension and the building of a more rational and more humane world, in which harmony, justice and peace will prevail. The developing countries promoted the idea of global negotiations and the international community endorsed it when resolution 34/138 was adopted by the Assembly in 1979, but so far the momentum needed to make them a reality has been lacking. Despite all the efforts made—not only by the Group of 77 but by practically the entire international com¬munity—hesitation, mainly on the part of the United States, has prevented the launching of global negotia¬tions although these were approved at Cancun with the agreement of the head of State of that important country, without which the negotiations would lose their true scope and meaning. In these circumstances, we, the developing coun¬tries, have been thinking about the need to be less vulnerable to the dealings of the countries of the North and, in any case, to stimulate effective co¬operation among ourselves as a consequence of our solidarity. Barely a month ago the Intergovernmental Follow-up and Co-ordination Committee, a key organ which was established in 1981 in the Caracas Pro¬gramme of Action,3 held its first meeting in Manila. The results of the meetings of experts were reviewed there, and on that basis important recommendations were made, to be submitted shortly to the ministerial meeting of the Group of 77. Without any doubt, it can be concluded that the Caracas Programme of Action is functioning. It is complementary to efforts which might be made in North-South negotiations and a contribution to the establishment of the new international economic order. In the last quarter century Venezuela has succeeded in consolidating a genuine democracy solidly rooted in the conduct and beliefs of the Venezuelan people, a democracy which endeavours increasingly to play its part within a philosophy of social justice and respect for the freedom and dignity of all citizens. The promotion and effective defence of and respect for human rights have been important tenets in the foreign policy of Venezuela. These form the basis of our support for people that are struggling to gain, maintain or recover their right to freedom, as a contribution to the solution of present conflicts which affect and bar the progress of mankind in its quest for peace and well-being for all. It is of the utmost importance for Venezuela to seek a peaceful and practical solution to the terri¬torial controversy with the Co-operative Republic of Guyana. Venezuela is a country in which the mixture of the indigenous peoples of America with the Spanish conquistadors and African groups has created a population which rejects all forms of racial discrimi¬nation and in which political, social and economic democracy is practised, thus setting an example of coexistence and pluralism. It is fitting to recall that Venezuela in its 172 years of independent life has never had a single war, not even an armed encounter, with any of its neighbours. This is an assertion which few countries in the world could make, and it is a source of satisfac¬tion and pride for Venezuelans. The land borders of Venezuela with Colombia and Brazil were established by peaceful means. The maritime borders with four countries have already been set by common agreement, and Venezuela is at all times opento negotiations with its neighbours to solve all matters of common interest. For 16 years now Venezuela has been tirelessly repeating its invitation to Guyana to negotiate, to seek mutually acceptable solutions to the dispute. The cause of the dispute is the mutilation of our territory by the British Empire. During the last century, starting from the Esequibo River, which was the boundary with the sector of Guyana which they had taken away from Holland, the British advanced from year to year, almost day after day, over the territory of defenceless Venezuela, making a mockery of its protests, until this culminated in an unprecedented legal farce, in which a so-called Arbitration Tribunal, with no Venezuelan judge or lawyer, imposed a totally arbitrary demarcation line. It did not even take the trouble to give any kind of justification, reason or explanation, however spurious or unprecedented, of what was from every point of view an unbridled plundering. The history of this humiliating mutilation cannot be forgotten by Venezuelans. Our entire tradition and all our instincts move us to desire to maintain and develop with the Guyanese people the closest relations of friendship, co-operation and solidarity. In truth, like ourselves, they were the victims of British impe¬rialism and, like ourselves, they are a people which is trying to achieve development. For this very reason v": have insisted tirelessly on holding real and sincere negotiations, inspired by justice and equity, which will lead us to overcome this problem that we have inherited, in a satisfactory and practical way. The obligation for Venezuela and Guyana to negotiate their differences is not only a moral imper¬ative, not only a duty under international law, but, in this specific case, a commitment freely entered into in the Agreement signed at Geneva on 17 February 1966/ In fact, although the Venezuelan territorial claim naturally preceded the independence of Guyana, Venezuela, faithful to its tradition and to its principles, was most careful to do nothing which would in any way be used as a pretext to thwart or delay decolo¬nization for its neighbouring people. Shortly before the proclamation of indepen¬dence, Venezuela and the United Kingdom, with the full participation of the Government of what was then British Guiana, negotiated and signed the Geneva Agreement, designed to seek satisfactory solutions for the practical settlement of the dispute. This international instrument is the legal and political framework for the pursuit of solutions to the dispute and Venezuela has adhered to it in all its actions. A is regrettable that thus far the Government of Guyana has failed to comply with its obligation to negotiate seriously and sincerely. Nevertheless, Venezuela has insisted that, within the peaceful procedures provided in the Geneva Agreement, the injustices of the past should be corrected, and thus lay more solid founda¬tions for a fruitful and lasting co-operation between the peoples of Venezuela and of Guyana. Guyanese spokesmen have for years been carrying out a systematic campaign to incite feelings of sympathy, by presenting their country as a small and poor nation whose territory is the object of the covetousness of a rich and powerful neighbour, and trying to create an image of Venezuela as an aggressor country, indifferent to the laws, to justice, and to the solidarity that should exist between countries which are struggling to develop. This kind of assertion, repeated relentlessly, tends to produce prejudices among those who have not had an opportunity to know and analyse the facts. For almost two decades international forums have been hearing Guyanese assertions about an imminent aggression, and yet it is an obvious fact that there has been no aggression. We have explained the conduct of Venezuela from its birth to independent life and regarding the dispute that we are dealing with. There is not the slightest basis for asserting that the Venezuelan terri¬torial claim is prompted by coveting of present or potential riches which the people of Guyana could have used to achieve prosperity and development. Before the independence of Guyana, British companies were exploring for and exploiting oil on a large scale both in Venezuela and in Trinidad. British companies went mining gold in Venezuela and bauxite in Demerara. It will be easily understood that the British, before liberating their colony, had thoroughly eval¬uated the potential oil and valuable minerals of the lands that they controlled. Although prospecting has continued since the date of independence, no exploitable mineral resource has been found on the territory which Venezuela claims. The truth is crystal clear: Venezuela's claim is based neither on territorial ambition nor on covetous- ness of the wealth of others. Had it been so based, our claim could never have received, as it has, the unanimous support of Venezuelans of the most varied political tendencies under all democratic Governments, which, during the last five presidential terms, within a system of complete freedom of expression, have defended the rights of our country. That is because this unanimity of the Venezuelan people has its origin in a very deep wound. For this reason, we fail to under¬stand those who, representing the Guyanese people, take the stand as heirs to the fruits of British colonial imperialism and defenders of its unjustifiable abuses. After repeated rejections of our formal invita¬tions to the Government of Guyana to begin negotia¬tions which will provide a satisfactory and practical solution, Venezuela will submit to the Secretary- General 3ts decision to indicate a means to settle the dispute; thus our conduct will be in accord with the letter and the spirit of the international treaty signed between the parties, known as the Geneva Agreement, with a view to finding a solution to the dispute by peaceful means. Venezuela would like Guyana to participate as the continent moves towards integration. Venezuela wishes to have a positive relationship with its neigh¬bour. We feel certain that the people of Guyana share that desire. We greet all Guyanese, convinced as we are that an appropriate solution to the differ¬ences we have inherited from colonialism will spur us on our way to convergence toward progress and development. Venezuela wishes above all to win the battle for peace and brotherhood with Guyana, because we are neighbours and because in large measure we are born of the same American history. On 24 July 1983 it will be two centuries since the birth of the Father of our Venezuelan nation, Simon Bolivar, one of the great liberators of America. The United Nations, with appropriate solemnity, commemorated in 1976 the one hundred and fiftieth anniversary of the convening by the Liberator Bolivar of the Amphictyonic Congress in Panama and in 1980 the one hundred and fiftieth anniversary of his death. My country wishes to express its gratitude in advance for the tribute which will be paid to the Liberator in this political forum of the nations of the world on the occasion of the bicentenary of his birth. His prophetic thinking on the need for a uni¬versal organization in which matters regarding the peaceful coexistence of nations could be dealt with has a particular significance and pertinence today. Bolivar's bicentenary brings all Latin America together in harmony on the international scene. It demands that we make a constructive effort to make the new hemispheric dialogue a shining success. It leads us to strengthen our ties with all peoples, especially those who have faced historical and political challenges similar to those faced by us. Venezuela reaffirms its absolute loyalty to the ideals of Bolivar and commits itself to pursue a positive policy in all its actions as regards both our hemisphere and the world as a whole.