A/RES/57/138 A-B Noting further that the Territory commemorated its annual British Virgin Islands-United States Virgin Islands Friendship Day on 11 May 2002 in official ceremonies held in Tortola, 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 the Territory with assistance for socio-economic development and the development of human resources, bearing in mind the vulnerability of the Territory to external factors; 3. Takes note of the adoption by the Legislative Council of the Territory of the Corporal Punishment Abolition Act 2000, which brought to an end the exercise of such a power by the court or other authority; 4. Welcomes the completion of the airport terminal facility, which was the largest capital project of the Government; 5. Also welcomes the convening in the Territory in 2001 of a summit of elected leaders of Caribbean Territories, which addressed issues of constitution and governance, immigration and nationality, human rights, social development, civil aviation and safety, and environmental issues; V Cayman Islands Noting the formation for the first time of a political party in the Territory and the subsequent change of government in November 2001, 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, and 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, Noting further 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, Welcoming the convening in the Territory in September 2001 of the Human Rights Today Caribbean Symposium, 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; 10