A/RES/58/108 A-B V Cayman Islands Noting the formation for the first time of a political party in the Territory and the subsequent emergence of a party system in the Territory, Taking note of the constitutional review process being undertaken by the territorial Government in consultation with the administering Power, Noting the actions taken by the territorial Government to promote increased participation by the local population in the decision-making process in the economic and social sectors in the Cayman Islands, Aware that the Territory has one of the highest per capita incomes in the region, a stable political climate and has emerged as one of the world’s leading offshore financial centres with virtually no unemployment, Noting with concern the vulnerability of the Territory to drug trafficking, money-laundering and related activities, and noting the measures taken by the authorities to deal with those problems, Noting the approval by the Cayman Islands Legislative Assembly of the Territory’s Vision 2008 Development Plan, which aims to promote development that is consistent with the aims and values of Caymanian society, 1. Welcomes the completion of the report of the Constitutional Review Commission, which conducted an extensive review of the current Constitution, and the recommended changes, following public discussions with community groups and individuals, pursuant to the recommendations of the administering Power as stated in its White Paper entitled “Partnership for Progress and Prosperity: Britain and the Overseas Territories”; 10 2. Requests the administering Power, the specialized agencies and other organizations of the United Nations system to continue to provide the territorial Government with all required expertise to enable it to achieve its socio-economic aims; 3. Requests the administering Power, in consultation with the territorial Government, to continue to facilitate the expansion of the current programme of securing employment for the local population, in particular at the decision-making level; VI Guam Recalling that, in a referendum held in 1987, the registered and eligible voters of Guam endorsed a draft Guam Commonwealth Act that would establish a new framework for relations between the Territory and the administering Power, providing for a greater measure of internal self-government for Guam and recognition of the right of the Chamorro people of Guam to self-determination for the Territory, _______________ 10 A/AC.109/1999/1 and Corr.1, annex. 9