A/RES/52/150 Page 3 Welcoming the holding of elections throughout Bosnia and Herzegovina under the supervision of the Organization for Security and Cooperation in Europe on 13 and 14 September 1997 for municipal or local governments, and calling for full implementation of the results by the deadline of 31 December 1997, Noting the positive impact of the three previous pledging conferences, held on 21 December 1995, 13 and 14 April 1996 and 25 July 1997 and chaired by the World Bank and the European Union, on the peace process and reintegration of the country as well as the reconstruction effort, stressing the importance and urgency of providing the pledged financial assistance and technical cooperation in reconstruction efforts and the role of economic revitalization in the process of reconciliation, in the improvement of living conditions and in the maintenance of a durable peace in Bosnia and Herzegovina and in the region, Stressing that the provision of reconstruction aid and financial assistance is conditional upon the parties meeting their obligations under the Peace Agreement, Welcoming in particular the important efforts of the European Union and bilateral and other donors to provide humanitarian and economic assistance for reconstruction, Underlining that the full, comprehensive and consistent implementation of the Peace Agreement is vital for the maintenance of international peace and security, 1. Expresses its full support for the General Framework Agreement for Peace in Bosnia and Herzegovina and the annexes thereto (collectively the "Peace Agreement"),1 which constitutes the key mechanism for the achievement of a durable and just peace in Bosnia and Herzegovina, leading to stability and cooperation in the region and the reintegration of Bosnia and Herzegovina at all levels; 2. Welcomes the successful implementation of certain aspects of the Peace Agreement, including the establishment of a lasting cessation of hostilities, and the successful holding of municipal elections on 13 and 14 September 1997 throughout Bosnia and Herzegovina; 3. Reiterates its demand for the full, comprehensive and consistent implementation of the Peace Agreement; 4. Supports fully the coordinated efforts of the High Representative in the implementation of the peace process in Bosnia and Herzegovina, in accordance with the Peace Agreement, and calls upon all parties to cooperate fully and in good faith with him; 5. Welcomes the conclusions of the Peace Implementation Conference,3 held at Bonn, Germany, on 9 and 10 December 1997, and calls upon all parties as signatories to the Peace Agreement and others concerned to implement fully those conclusions and to continue to work for a peaceful, reintegrated and stable Bosnia and Herzegovina, in accordance with the Peace Agreement; 6. Also welcomes the conclusions of the Ministerial Meeting of the Steering Board of the Peace Implementation Council, held at Sintra, Portugal, on 30 May 1997,4 and demands their full implementation; 7. Calls upon all parties to cooperate fully, and in good faith, in ensuring the substantial functioning of all of the common institutions of Bosnia and Herzegovina in accordance with the relevant provisions of the Peace Agreement, and urges the relevant international organizations to continue to provide assistance to meet the infrastructural needs of the new common institutions of Bosnia and Herzegovina; 4 See Official Records of the Security Council, Fifty-second Year, Supplement for April, May and June 1997, document S/1997/434, annex. /...