A/RES/56/72 IV. British Virgin Islands Noting the completion of the constitutional review in the Territory and the coming into force of the amended Constitution, and noting also the results of the general elections held on 17 May 1999, Noting also the results of the constitutional review of 1993–1994, which made it clear that a prerequisite to independence must be a constitutionally expressed wish by the people as a result of a referendum, Taking note of the statement made in 1995 by the Chief Minister of the British Virgin Islands that the Territory was ready for constitutional and political advancement towards full internal self-government and that the administering Power should assist through the gradual transfer of power to elected territorial representatives, Noting that the Territory is emerging as one of the world’s leading offshore financial centres, Noting also the need for continued cooperation between the administering Power and the territorial Government in countering drug trafficking and moneylaundering, Noting further that the Territory commemorated its annual British Virgin Islands-United States Virgin Islands Friendship Day on 27 May 2000 in official ceremonies on Tortola, 1. Requests the administering Power, bearing in mind the views of the people of the Territory ascertained through a democratic process, to keep the Secretary-General informed of the wishes and aspirations of the people regarding their future political status; 2. Requests the administering Power, the specialized agencies and other organizations of the United Nations system and all financial institutions to continue to provide assistance to the Territory for socio-economic development and the development of human resources, bearing in mind the vulnerability of the Territory to external factors; V. Cayman Islands Noting the constitutional review of 1992–1993, according to which the population of the Cayman Islands expressed the sentiment that the existing relations with the United Kingdom of Great Britain and Northern Ireland should be maintained and that the current status of the Territory should not be altered, Aware that the Territory has one of the highest per capita incomes in the region, a stable political climate and virtually no unemployment, Noting the actions taken by the territorial Government to implement its localization programme to promote increased participation by the local population in the decision-making process in the Cayman Islands, Noting with concern the vulnerability of the Territory to drug trafficking, money-laundering and related activities, Noting the measures taken by the authorities to deal with those problems, Noting also that the Territory has emerged as one of the world’s leading offshore financial centres, 8

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