We simply need the benevolent assistance of all those who are today richer and are prepared to join us to bolster our efforts. - Étienne Gnassingbé Eyadéma

At a more global level, we note that major transnational companies, which play a crucial role in the world economy, are remarkably absent from United Nations economic forums. As in the International Labour Organization (ILO), where representatives of Governments, employers and employees work together, it is desirable that in the Economic and Social Council representatives of Governments should sit side by side with those of multinational companies. That would enhance the effectiveness and impact of this important United Nations body. The international community, for its part, should prove, by decisive action, that it truly wishes to put an end to the suffering of the poorest peoples, the largest proportion of whom, unfortunately, are in Africa.

The African debt problem was also of concern to the OAU Heads of State and Government at the Lomé summit. At a session more than 12 years ago, the African countries adopted a common position on the African foreign debt crisis. Unfortunately, our continent continues to be the region of the world where the debt burden is heaviest. As the General Assembly noted last year in resolution 54/202, "the continuing debt and debt-servicing problems of heavily indebted developing countries", are one of the factors that hinder their development and economic growth. This finding should motivate the international community, especially the developed countries and international financial institutions, to take more courageous measures, such as the outright cancellation of the African countries' debt. Such a decision would greatly contribute to the success of the efforts of our countries, which have committed themselves to implementing sustained programmes to eradicate poverty.

The institution we have created for ourselves has stood the test of time, despite the storms and hurricanes that it has had to brave. It has held firm because its foundations are solid, but this does not mean that it does not need to be revitalized. It is in this context that I would like to mention two important areas whose image I think the United Nations should transform: on the one hand, peacekeeping, and, on the other, development.