A/RES/54/90 Page 8 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 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. 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 socioeconomic 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, 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 to continue to provide the territorial Government with all required expertise to enable it to achieve its socio-economic aims; /...

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