UN General Assembly
1994

on the willingness of the Member States to live up to one of the main responsibilities of membership - the prompt payment of their financial contributions, including their prompt contribution to peace-keeping operations. As we approach the second summit meeting of the Security Council, we ought to accord due attention to the issue of the expansion of the Council’s membership in accordance with the different trends prevailing in the world, while constantly preserving the principle of equitable geographic balance without prejudice to the level of decision-making in the Council. We therefore subscribe to the view that no hasty decision should be taken in this respect and that more time should be given to the regional groups to expound their views in this regard. 19 My country has noted with satisfaction the successful conclusion of the Uruguay Round and the long-range General Agreement on Tariffs and Trade in 1994 and the establishment of the World Trade Organization. This has helped prevent the world economic order’s turning into a hotbed of tension and strife between the various regions.