In such a global governance, the collective powers of all peoples to shape our common future is mobilized. It will be a constant process wherein individuals and institutions in the public and private sectors and in all nations accommodate and take cooperative action on their diverse and even conflicting interests. Thus all who are involved in the decision-making process are able to take their destiny in their own hands. That global governance, however, is possible only through the central instrumentality of a reformed, democratized and fully empowered United Nations. Mr. President, 1.
Globalization is by no means an evil force but it is a blind one.
Like the winds of change in the ocean of history, it can shipwreck us or carry us to our intended destination. The developed and developing countries are all in the same boat. Our fate depends on how well we work as a team in trimming the sails. Teamwork means partnership. But we can only form that envisioned global partnership for development when we are able to accommodate one another's anxieties and aspirations as a result of a mutual understanding born of sincere dialogue- such as the Dialogue we are holding today.