It is perhaps fortuitous that my own Deputy Prime Minister happens to be presiding over the Assembly at the time when I address the Assembly for the very first time. But it is not true, as someone suggested to me just before I came to the rostrum, that we have come to the sixty-third session of the General Assembly believing that we are still at the Olympics in Beijing. Neither is it true that my name is Usain Bolt. My name is Bruce Golding. I offer Mr. D’Escoto Brockmann my congratulations on his presidency and I ask you, Mr. Vice-President, to convey those congratulations to him. He has assumed that office at a time when the world faces challenges of crisis proportions. Much will be demanded of his leadership, and I want you, Sir, to assure him of Jamaica’s full support and cooperation in all of his endeavours. 21 08-52272 We have convened amid worrying global developments. The hopes of the new millennium are in danger of fading as the ideals of international harmony and shared global prosperity remain elusive. Globalization, despite its promise of expanded production and trade, has been uneven in the spread of its benefits and, for many countries, marginal in its impact. Indeed, the gap between rich and poor has widened within and among countries. The global economy now appears to be headed for a severe downturn. Developments in the global financial system, the painful increase in oil and commodity prices and the escalating food crisis threaten to plunge vast sections of the world’s population deeper into poverty. Fiscal challenges and the crippling burden of debt render many countries incapable of responding to the crisis. Countries like Jamaica are called upon to respond within our limited capacity to protect the most vulnerable. In the long term, however, our hopes for survival will require huge investments, improved productivity, better access to the world’s markets and human capacity-building. Developing countries cannot be left to find their own solutions. The situation requires a collaborative, coordinated and global response. That is not mere altruism. It is an indisputable truth that, if developed countries assist developing countries to improve their economies, their productive capacity and the purchasing power of their people, they will expand the markets for their own goods and services. It is the interdependency that we share and that is manifested in so many other areas, from climate change to global epidemics, organized crime and human trafficking. Solving the problem of developing countries requires more than mere liberalization of trade, more than mere privatization of the economy and more than the mere free flow of capital. It requires a sincere and sustained effort that focuses on the limitations that bedevil developing countries. Global development, not just global markets, must be at the centre of our priorities. Poverty and wealth should not have to coexist. Poverty can be eradicated. The tools of development exist and are capable of transforming the world, empowering the poor and enabling them to rise from their poverty. We must therefore commit ourselves to creating a world in which not everyone may be rich, but no one has to be poor. In 2001, we committed ourselves to achieving the Millennium Development Goals by 2015. We are now at the halfway mark and we are behind schedule. It is time to take stock to see where we are, who is falling behind, and what must be done to make up lost ground. A critical success factor must be the partnership between developed and developing countries as defined in the 2002 Monterrey Consensus on financing for development, integrating aid, debt relief, market access, good governance and foreign direct investment. Those initiatives were carefully calibrated. Proceeding with some elements without the others will not achieve the goals we have set. Indeed, it might make it worse. We must all pull up our socks if we are to reverse the slippage we have suffered. Developing countries must ensure that their priorities are properly structured. Developed countries must live up to their commitment to devote 0.7 per cent of their gross national income to official development assistance. That is a modest amount, yet only five countries have so far done so. The focus of development cooperation cannot, I submit, be too narrowly defined. The varied economic and social profiles of developing countries require a more flexible response that recognizes investment in human capital, infrastructure and the transfer of technology as critical elements in reducing poverty in a sustained way. That is particularly important to developing countries that are classified, based on per capita income, as middle-income countries. That classification deprives them of access to concessionary financing and creative measures to reduce the crippling debt burden that afflicts so many of them. If we are to reduce poverty, the peculiar circumstances of those countries cannot be ignored since that is where more than one third of the world’s poor are to be found. We call on the international community to devise strategic programmes to address the peculiar needs of middle-income countries with deep pockets of poverty. Because of those factors and because of our exposure to frequent natural disasters, which in the matter of a few hours can reverse gains that took years to accomplish, Jamaica and its Caribbean Community (CARICOM) partners are proposing the international recognition of CARICOM States as a special category of small vulnerable and highly indebted middle-income countries. 08-52272 22 The international financial system, designed more than 60 years ago in the context of those times, has undergone very little change in its governance, structure and practices. However, the world has changed and that requires a re-engineering of the global financial system. Jamaica supports the call for reform of the existing financial infrastructure to reflect the new global realities and make it more proactive and responsive to the needs of the entire world community. I want to suggest, however, that it must involve more than merely expanding the membership of an exclusive club. It must be development-driven, recognizing that poverty anywhere is a threat to prosperity elsewhere. It must include mechanisms to detect signs of global crises and must be able to institute preventive measures. The crisis currently rocking the world’s financial markets reflects the inadequacy of the regulatory structures that are essential to the effective functioning of any market. But it is more than that. It represents the failure on the part of the international financial system to facilitate the flow of resources into areas where they can produce real wealth, not paper wealth. The world is not short of capital. What it lacks are the mechanisms to ensure the efficient utilization of that capital. I want to suggest that another urgent task is the creation of a viable and equitable international trading system. Jamaica is deeply disappointed that the Doha Development Round has failed to deliver on the promise of an open, fair and predictable multilateral trading system. We urge all parties to resolve the outstanding differences, particularly on the removal of trade-distorting agricultural subsidies, and to address the need for special safeguard mechanisms for economically challenged countries. The need for more concerted action on global warming is impatient of debate. Developing countries are the most vulnerable, but they are also the least capable of mitigation measures. Countries that are the major pollutants must bear the major share of the responsibility for corrective action. They must make binding commitments to fulfil that responsibility. The purchase of carbon credits, especially from developing countries, must not exculpate them from that responsibility. Jamaica calls for a fair, equitable and balanced long-term scheme to bind emission caps within a new international framework beyond 2012, when the Kyoto Protocol expires. The impact of climate change on agricultural output, and the frequency and intensity of natural disasters to which countries like Jamaica are particularly vulnerable, point to the need for a global environment management structure that establishes clear standards and enforces compliance. Jamaica is concerned that political instability in many parts of the world, often fuelled by extremism and intolerance, continues to threaten regional and international peace and security. They are neither limited in scope nor confined to national borders. Resolving those conflicts requires effective diplomacy and global cooperation, and the United Nations must continue to use its good offices to secure just and peaceful settlements. Our intense focus on combating terrorism and transnational organized crime, and eliminating nuclear arms and other weapons of mass destruction must not, however, marginalize the need for decisive action to curb the illicit trade in small arms, which facilitate internal violence in many of our countries and result in high levels of homicide. Jamaica supports the establishment of an arms trade treaty to impose strict controls on the illegal trade in small arms and ammunition. The persistent humanitarian crisis in Darfur continues to be a matter of serious concern to all of us. We are disappointed that the African Union-United Nations Hybrid Operation in Darfur is not yet fully operational. We urge all parties to desist from actions that could deepen the crisis, jeopardize the safety of the civilian population and of United Nations personnel and prevent access to humanitarian relief. Jamaica remains irrevocably committed to finding a just, lasting and peaceful solution to the Middle East conflict — a solution that must ensure the security of Israel and the establishment of a viable Palestinian State. The United Nations must continue to play a pivotal role through its peacekeeping missions in the creation of sustainable peace in post-conflict situations. Jamaica will use its membership in the Peacebuilding Commission to underscore the importance of sustained, long-term economic development in rebuilding and 23 08-52272 transforming countries that have been wracked by conflict. The devastation wrought in Haiti by recent hurricanes has aggravated the already harsh conditions under which the Haitian people are forced to live. Much more needs to be done not only in providing emergency relief, but also in addressing the long-term social, economic and development needs of that country, as a sustainable solution to the fragile humanitarian situation that exists there. Haiti needs and deserves the support of the entire international community. We are gathered here this week as Members of that union we call the United Nations. What is the state of that union? We must not ignore the cynicism that exists in some quarters about the continued value of the United Nations. Those cynics have not bothered to contemplate what the world would be like if the United Nations did not exist. But we have contributed to that cynicism, so often bending the facts to suit our own design, breaking the rules to secure a particular advantage and making commitments without the will to honour them. Reform of the structure and procedures of the United Nations is an imperative whose time has long come. Let us not bury it in procrastination and incessant squabbling. It is time for constructive, consensus-building dialogue. The need for changes in the structure and scope of the Security Council has been under discussion for almost 15 years, bogged down in polarized, adversarial positions. We have a compelling duty to put in place systems that can secure peace and prosperity for the future. We therefore welcome the unanimous adoption of decision 62/557, contained in paragraph 23 of document A/62/47, which, we hope, will provide resolve for the early commencement of intergovernmental negotiations within a specified time frame and in the context of an informal plenary meeting of the General Assembly. The sixtieth anniversary of the Universal Declaration of Human Rights serves to remind us of the central role of the United Nations in promoting human rights and fundamental freedoms. Those are essential components of the environment required for sustained development. It was consistent with that principle that we launched the initiative to erect a monument to honour the victims of slavery. I thank the Secretary-General and the members of the committee for their support and assistance. I also thank Member States that have made or pledged contributions. We invite other States to do likewise. Six decades ago, the founding fathers of the United Nations agreed that the Organization should be a mechanism for harmonizing the actions of nations in the achievement of our common goals: peace and prosperity throughout the world, respect and tolerance among the powerful and support for the weak and vulnerable. That remains our mandate, our unfinished business. Fulfilling that mandate and advancing that mission will require a more proactive United Nations, one that is more responsive to the needs of Member States and gives equal attention to issues of peace, security and development. The hopes of people everywhere in the world depend on us, the leadership that we provide and the will that we exert for the times in which we live. We must not fail them.