Allow me at the outset, Sir, to convey to you, on behalf of my delegation, our sincere congratulations on your election as the President of the General Assembly at its fifty-eighth session. It is indeed an added pleasure for my delegation to see such a distinguished personality from a sisterly small island State preside over the Assembly. Allow me also to extend my delegation's profound gratitude and appreciation to your predecessor, Mr. Jan Kavan, former Deputy Prime Minister and former Minister of Foreign Affairs of the Czech Republic, for the exemplary manner in which he steered the work of the fifty-seventh session. I would also like to take this opportunity, on behalf of my delegation, to express our deep appreciation to the Secretary-General, Mr. Kofi Annan, for his dedication and his untiring work in promoting the noble principles of this Organization. I also congratulate him in particular for the courage and foresight with which he proposed last week much- needed reforms to this Organization. I sincerely wish him every success in carrying them forward. I would also like to take this opportunity to express my delegation's sentiments of sadness and deep sorrow at the tremendous loss suffered by the international community in the recent terrorist bombings of the United Nations premises in Baghdad. I pay a special tribute to the Special Representative of the Secretary-General, Mr. Sergio Vieira de Mello, and to the other staff members of the Organization who made the ultimate sacrifice in the cause of humanity. Terrorism has always menaced the human race in one form or another. Yet never before have we witnessed acts of terrorism so organized, so frequent and so lethal, threatening international peace and security in its entirety. The Baghdad bombing and other violent eruptions elsewhere in the world grimly remind us that serious threats to world peace and security remain, undermining the noble principles that had so far contributed to the survival of the world order and to the sustenance of the values that we upheld. Much has been done, yet the persistence of such deplorable acts signals our failure to address the fundamental causes of those threats. Bold decisions need to be taken swiftly to address them. Since my country fell victim to a brutal terrorist attack in 1988, we had tried, on many occasions, to impress upon the Assembly the threats to small States posed by increased international terrorism. A decade and a half later, the threat of terrorism is affecting us all, irrespective of our physical size, economic 25 strength, political power or military might. For some small States, the danger is graver, as a terrorist onslaught could severely threaten even their sovereignty and independence. Therefore, let me emphasize the importance of providing support and assistance to small States in the implementation of Security Council resolution 1373 (2001), and of strengthening their institutional capabilities in this important field. We all should recognize that the strength and stability of the international security system or of any political order is determined by the strength not of its strongest, but of its weakest members. Maldives will nevertheless continue to support the war against international terrorism in the spirit of contributing to enhanced international peace and security. The structural impediments facing small island developing States such as Maldives are numerous. The geophysical characteristics of our island States, combined with their remoteness from major markets, have accentuated our vulnerabilities. Nearly a decade ago, we met in Barbados to address the environmental vulnerabilities and developmental challenges faced by small island developing States. However, addressing those vulnerabilities and challenges requires a meaningful global partnership, with shared responsibility and commitments at the highest level. My country hopes that Barbados+10, to be held in Mauritius next year, will provide an impetus for the international community to renew the commitments to concrete action it made at Barbados 10 years ago. The globalization of the world economy and the liberalization of the multilateral trading system are continuing to marginalize the developing countries, especially the least developed countries. As tariff barriers fall, so does the potential for developing countries to compete effectively in the open market. Hopes were dashed at Cancun recently, as the Conference proved disappointing, leaving the developing countries still afflicted with problems. Abject poverty and disease in the developing world exist at a level that defies comprehension, while deadly diseases such as HIV/AIDS, malaria and tuberculosis remain rampant. Development opportunities for the least developed countries appear bleak. I therefore call for a level playing field for all countries, with preferential treatment for the weak, and, in particular, for narrowly based economies such as that of my own country, who find it hard, if not impossible, to sustain their share of the global market. My delegation believes that a greater commitment to the implementation of the Brussels Programme of Action for the Least Developed Countries is a prerequisite if we are to halt and reverse the deteriorating situation of the least developed countries. While I express my appreciation of the donor community's willingness to help those countries accelerate their growth and sustain their development, and to achieve the Millennium Development Goals, it must be said that the Monterrey pledges remain far from being realized. The overriding objectives of the Brussels Programme of Action to arrest and reverse the continued socio-economic marginalization of the least developed countries and to improve their participation in international trade and their share of foreign investment and other financial flows will also remain but a dream if official development assistance is not increased and international development assistance is not augmented. As I have stated on many occasions, Maldives is not simply an island nation; it is a nation of many far- flung islands covering 90,000 square kilometres of ocean. Our islands are resource-poor, and the saline soil conditions prohibit most agricultural production. Transport and communication costs are exorbitant. The scope for economic diversification is very limited. That is why we have appealed to the international community to take a closer look at our true situation before the issue of our graduation from least- developed-country status is considered by the Economic and Social Council. As I emphasized in my statement to the Assembly last year, the structural weaknesses of our economy could have grave implications for my country's development, should it be deprived of the preferential access to markets and the concessional capital that it has critically relied upon. The Committee for Development Policy (CDP) has fully recognized the special circumstances of small States like Maldives that are environmentally fragile and economically vulnerable. The CDP has also, over the years, highlighted those vulnerabilities and the severe costs that small island developing countries will have to endure in the event of their graduation. We 26 believe that, unless these vulnerabilities and costs are addressed in a concrete and meaningful manner, the conditions for graduation set forth in Assembly resolution 46/206, particularly that of smooth transition, will not be met. We are concerned that, if such issues are not adequately addressed, graduation will reverse the progress that we have made so far. Although the criteria for inclusion in the list of least developed countries and graduation therefrom have been regularly reviewed and refined, they still fail to cover the entire range of structural and other handicaps. We are glad that the CDP is continuing its work on refining the criteria. We also believe that, of the three criteria for graduation, that relating to the Economic Vulnerability Index must be a requirement, if we are to ensure that a country will not lapse back into a lower category of development after the fatal day of graduation. The United Nations Conference on Trade and Development profile of Maldives also highlights a number of circumstances not covered by the criteria. The profile very clearly states that graduation would result in an unsustainable debt burden, even if there is sustained growth. The rate of our economic growth has declined significantly since 1997 and graduation at the present time would therefore amount to a serious exogenous shock. This is precisely the situation that we are so desperately trying to avoid. In accordance with the decision taken at its 2003 substantive session held at Geneva, the Economic and Social Council will soon consider the issue of the graduation of Maldives from least-developed-country status. We sincerely hope that we will receive the necessary support and cooperation of all countries with a view to adopting a comprehensive resolution that would address the issue of graduation in a holistic manner and require an appropriate mechanism to ensure a smooth transition. In this connection, we would like to express our full support for the call by the CDP to convene an expert group meeting to address the issue of smooth transition. We also expect the International Meeting on Small Island Developing States, scheduled to take place in Mauritius next year, to formulate recommendations to guide policies on the graduation of small island developing States. Following the glimmer of hope for the revival of the Middle East peace process, we are again witnessing an unprecedented deterioration of the situation in Palestine and the Middle East. We strongly condemn the Israeli move to deport President Yasser Arafat from the Palestinian territories, as well as the continued Israeli aggression against the Palestinian people. We have consistently supported the just struggle of the Palestinian people to regain their inalienable rights and to establish an independent Palestinian State with Al- Quds as its capital. We call upon the members of the Quartet, particularly the United States, to ensure the implementation of the road map for peace. While we sincerely believe that the United Nations has an important role to play in the peace process, we are also convinced that the United States needs to remain actively engaged, as it currently is, in a spirit of sincerity, in the search for a just, permanent and lasting peace in the region. The international community should maintain the high priority that it has accorded to disarmament and arms control efforts, without any discrimination among nations or regions, with a view to making the world a more peaceful place. The international community must strengthen and improve the enforcement of the non-proliferation regime. In this context, we believe that the United Nations not only must be at the centre of the multilateral process, but must remain the principal player in grappling with important global issues. We believe that, with unity of purpose and in a spirit of complementarity, bilateral, regional and multilateral approaches can lead to the resolution of these issues. As the Secretary-General emphasized, the need to reform the United Nations to enable it to face the challenges of a changing world remains paramount. We are convinced that the United Nations, with its universal membership, is not only the sole legitimate body responsible for the preservation and maintenance of international peace and security but also a unique body, capable of achieving the goal of a better and secure world for humankind. We should never, therefore, allow the United Nations to be marginalized or diverted from its role or the principles of the Charter. Maldives remains committed, and will do its utmost to contribute to strengthening the role of the United Nations and to making it more efficient and effective.