UN General Assembly
1998

without the reform and expansion of the Security Council. In that connection, I would like to reiterate my Government?s conviction that the Council should reflect political realities, and, besides becoming more effective, its membership should be enlarged to reflect more equitable representation. It is our hope that the General Assembly debates on this important issue will soon result in concrete decisions. We believe that energetic efforts should be undertaken to make the Millennium Assembly an occasion for reforming and revitalizing the Security Council. On the proposal of Mongolia, the General Assembly is drafting a set of guiding principles for conducting international negotiations. We believe that the development and adoption of such a set of principles would contribute to enhancing the effectiveness of negotiations as the most universal instrument for international cooperation. 23 My Government continues to pursue its political and economic reforms. Mongolia?s commitment to the irrevocable realization of the principles of democracy, liberalism and market economy is irreversible, despite the great difficulties of the transition period. The future major policy priorities will continue to include, inter alia,