A/RES/67/132 A-B Recalling the view expressed in the statement made by the representative of the British Virgin Islands at the 2011 Caribbean regional seminar that there was scope for further constitutional review with respect to the practical and effective implementation of the provisions of the 2007 Constitution in the Territory, Aware of the negative impact of the global economic slowdown on the growth of the financial and tourism services sectors of the Territory, which was less severe in 2011, Cognizant of the potential usefulness of regional ties for the development of a small island Territory and of the Territory’s membership in the Caribbean Overseas Countries and Territories Council, Recalls the Constitution of the British Virgin Islands, which took effect in 1. 2007, and stresses the importance of continued discussions on constitutional matters, to accord greater responsibility to the territorial Government for the effective implementation of the Constitution and increased levels of education relating to constitutional matters; Requests the administering Power to assist the Territory by facilitating its 2. work concerning public outreach efforts, consistent with Article 73 b of the Charter, and in that regard calls upon the relevant United Nations organizations to provide assistance to the Territory, if requested; Welcomes the efforts made by the Territory to strengthen its financial 3. services and tourism sectors; 4. Also welcomes the active participation of the Territory in the work of the Economic Commission for Latin America and the Caribbean; 5. Further welcomes the holding, for the first time at the level of heads of territorial Government, on 12 May 2011, of the meeting of the Inter-Virgin Islands Council between the Territory and the United States Virgin Islands; V Cayman Islands Taking note of the working paper prepared by the Secretariat on the Cayman Islands 12 and other relevant information, Recalling the statement made by the representative of the territorial Government at the Pacific regional seminar held in Nouméa from 18 to 20 May 2010, Aware of the work, in accordance with the 2009 Constitution, of the new Constitutional Commission, which serves as an advisory body on constitutional matters, Conscious of the work of the Cayman Islands Review Committee established by the Premier in 2011 to comment on the relationship between the United Kingdom and the Cayman Islands, Acknowledging that, in spite of the global economic downturn and unemployment issues, the financial services and tourism industries of the Territory reportedly rebounded in 2011 and the openness of the Government to partnership would facilitate economic activity in the private sector, _______________ 12 10 A/AC.109/2012/7.