A/RES/57/138 A-B
investors, by enacting modern company and trust laws, as well as partnership and
insurance legislation, and computerizing the company registry system,
Noting the need for continued cooperation between the administering Power
and the territorial Government in tackling the problems of drug trafficking and
money-laundering,
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.
Calls upon the administering Power and all States, organizations and
United Nations agencies to continue to assist the Territory in social and economic
development;
3.
Welcomes the Country Cooperation Framework of the United Nations
Development Programme for the period 1997–1999 and its extension currently
being implemented following consultations with the territorial Government and key
development partners in the United Nations system and the donor community, and
also welcomes the inclusion of the Territory by the United Nations Development
Programme in its 2001–2003 subregional cooperation framework for the countries
members of the Organization of Eastern Caribbean States and Barbados;
4.
Takes note of the assessment by the Caribbean Development Bank, in its
2000 report on the Territory, that growth slowed to 1 per cent in 2000 from
7.5 per cent in 1999 as a result of damage caused by hurricane Lenny; that tourism,
the largest contributor to the gross domestic product, declined following the closure
of several hotels, with the resultant negative impact on employment; that the
cessation of aluminium trans-shipment to Europe eroded government revenue; and
that medium-term growth prospects remained favourable given the expected
recovery in the tourism sector;
5.
Notes that the Caribbean Development Bank, in its study entitled
“International and regional economic background in 2001 and prospects”, noted that
the Territory experienced improved performance in 2001, when a 2 per cent rate of
expansion represented a recovery from the contraction in 2000 caused by hurricane
damage;
6.
Welcomes the signing of a memorandum of understanding between the
Caribbean Development Bank and the United Kingdom of Great Britain and
Northern Ireland to conduct a country poverty assessment for the Territory;
7.
Also welcomes the establishment of the constitutional reform process,
which puts emphasis on public information and education and is expected to create a
participatory environment in which changes to the Constitution effective in the
Territory can be formulated and recommended to the administering Power, pursuant
to the recommendations as stated in its White Paper entitled “Partnership for
Progress and Prosperity: Britain and the Overseas Territories”; 11
8.
Further welcomes the convening in the Territory in June 2002 of the
thirty-fifth meeting of the Authority of the Organization of Eastern Caribbean
States, in which the Territory enjoys associate membership;
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11
8
A/AC.109/1999/1 and Corr.1, annex.