It gives my delegation immense satisfaction to see Mr. Julian Hunte in the high office of the presidency, not only because of his wide experience and his proven abilities, but also because Saint Lucia — a small country like Bhutan — has assumed leadership of the General Assembly at this critical juncture of its history. We are confident that, under his able leadership and guidance, our deliberations on the many important and challenging issues that confront our world today will be fruitful. Let me also take this opportunity to express our deep appreciation to Mr. Jan Kavan for his excellent stewardship of the fifty-seventh session. His presidency enhanced the esteem of the international community both for himself personally and for the Czech Republic. My delegation would like to pay a special tribute to the Secretary-General, Mr. Kofi Annan, for his dynamic leadership and his tireless efforts to revitalize the United Nations and to enable it to assume its rightful role at a very challenging time in our history. We have gathered in this magnificent Hall year after year, bound together by a common vision of a peaceful, prosperous and just world. The end of the cold war renewed our hope to bring to fruition our collective aspirations, enshrined in the Charter of the United Nations. The historic Millennium Summit ushered in a sense of optimism that we could bring about a world free from want and fear. Unfortunately, the horrific events of 11 September have shaken the very foundations of our nascent faith in our ability to deliver a new era of peace and prosperity. The situation in Iraq is a serious challenge to the international community. Three years ago, we stood united and confident about the prospects in the new millennium, providing a ray of hope for millions around the world. Today, sadly, we stand as a house divided, uncertain about the future and unsure whether we can rid the world of the vicious circle of conflict, poverty and fear that has plagued humankind for centuries. It is clear that international peace and security and the eradication of poverty remain the most pressing challenges confronting the international community. What must be recognized is the undeniable, but often overlooked, fact that those overarching goals are interlinked and cannot be achieved in isolation. There can be no prosperity without peace and security. At the same time, peace and security cannot be sustained if billions are deprived of the basic necessities of life. Our collective resolve to combat the menace of terrorism must be matched with an equal commitment 2 to eradicate the scourge of poverty, which afflicts more than half of the world’s population. We welcome the President’s intention to focus the Assembly’s efforts on implementation of the outcomes of United Nations summits and conferences, including the Millennium Development Goals. The realization of a new economic order that is inclusive, equitable and sustainable is an imperative that must be pursued with renewed focus and resolve. The Millennium Declaration provides a clear set of targets and steps to be undertaken to achieve them. The Monterrey Consensus, the Doha Development Agenda and the Johannesburg Declaration on Sustainable Development provided further impetus towards the attainment of the Millennium Development Goals. Yet 33 countries that together account for 26 per cent of the world’s population are reported to be off track on more than half of the Goals. The lack of progress so far is indeed disconcerting. While emphasizing the need to accelerate the implementation of commitments made by both developed and developing countries at various international conferences, my delegation would like to highlight the critical need for adequate financing mechanisms through trade, investment and official development assistance. In particular, my delegation hopes that the special needs and vulnerabilities of the least developing countries, of the landlocked developing countries and of the small island developing States will be comprehensively addressed, as called for in the Brussels Programme of Action for the Least Developed Countries, in the Almaty Declaration and in the Barbados Plan of Action, respectively. Of the 33 countries that are off track in achieving the Millennium Development Goals, 23 are in sub- Saharan Africa, highlighting the need for special attention to Africa. My delegation calls on the international community to lend its full support to the implementation of the New Partnership for Africa’s Development. International support is particularly crucial for countries emerging from conflicts, for without the rehabilitation of social and economic infrastructure, progress in peacemaking cannot be sustained. In that context, we hope that the international community will also provide the necessary support to the peoples of Afghanistan and Iraq as they endeavour to rebuild their nations under the most trying circumstances. Every Member State has the responsibility to eradicate poverty and create an enabling environment for peace and security. It is in the mutual interest of all nations, small or large, developed or developing, to collectively promote global prosperity and peaceful coexistence.