A/RES/50/132 Page 3 the relevant resolutions of the Security Council, and recognizing the importance of the observer and monitoring missions planned or under way in the region in accordance with the resolutions adopted by the General Assembly, Stressing the importance of the determination of the Government of Guatemala and of the Unidad Revolucionaria Nacional Guatemalteca to achieve the full exercise of human rights and to reach, as promptly as possible, an agreement to establish a firm and lasting peace, in accordance with the Framework Agreement for the Resumption of the Negotiating Process between the Government of Guatemala and the Unidad Revolucionaria Nacional Guatemalteca of 10 January 1994 6/ and the hopes of the Guatemalan people, and the importance of full compliance by both parties with the other agreed commitments, Recalling its resolutions 48/267 of 19 September 1994, 49/236 A of 31 March 1995 and 49/236 B of 14 September 1995, by which it decided to establish the United Nations Mission for the Verification of Human Rights and of Compliance with the Commitments of the Comprehensive Agreement on Human Rights in Guatemala and extended the mandate of the Mission, Emphasizing the role of international cooperation in national efforts towards peace, in particular in contributing to the trust fund for the Guatemala peace process set up by the Secretary-General on 1 March 1995, Stressing also the importance of the current electoral process in strengthening the democratic institutions of Guatemala, Noting with satisfaction the signing of the Agreement on Identity and Rights of Indigenous Peoples on 31 March 1995, at Mexico City, 7/ in the framework of the Guatemala peace process, Noting with appreciation the efforts being made by the people and Government of El Salvador to consolidate the progress made in the transition towards a society characterized by democracy, the rule of law and respect for human rights, and commending the reaffirmation by the Government of El Salvador of its political will to honour fully its commitments under the Peace Agreement, 8/ for the benefit of all Salvadorans, Welcoming resolution 50/7 of 31 October 1995, in which it approved the proposal of the Secretary-General to extend the mandate of the Mission of the United Nations in El Salvador for a period of six months, with a gradual reduction of its strength and costs, in a manner consistent with the effective performance of its duties, in order to exercise his good offices and to monitor the application of pending questions related to the peace agreements, Welcoming also the adoption of resolution 49/16 of 17 November 1994, in which it recognized the exceptional circumstances that still prevail in Nicaragua, 6/ A/49/61-S/1994/53, annex. 7/ A/49/882-S/1995/256, annex. 8/ A/46/864-S/23501, annex. /...