A/RES/50/38 Page 7 Kingdom of Great Britain and Northern Ireland should be maintained and that the current status of the Territory should not be altered, Noting also the actions taken by the territorial Government to implement its localization programme to promote increased participation of the local population in the decision-making process in the Cayman Islands, Noting with concern the vulnerability of the Territory to drug trafficking and related activities, as well as the measures taken by the authorities to deal with those problems, Noting that the Territory has emerged as one of the world’s leading offshore financial centres, Recalling the dispatch in 1977 of a United Nations visiting mission to the Territory, 1. Requests the administering Power to continue to provide the territorial Government with all required expertise to enable it to achieve its socio-economic aims; 2. Also 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; 3. Requests the specialized agencies and other organizations of the United Nations system to continue and increase their programmes of assistance to the Territory with a view to strengthening, developing and diversifying its economy; 4. Calls upon the administering Power and the territorial Government to continue to cooperate to counter problems related to money laundering, smuggling of funds and other related crimes, as well as drug trafficking. VI. Guam The General Assembly, Referring to resolution A above, Noting the results of the general elections held in November 1994, Recalling that, in a referendum held in 1987, the people of Guam endorsed a draft Guam Commonwealth Act that would establish a new framework for relations between the Territory and the administering Power, providing internal self-government for Guam and recognition of the right of the people of Guam to self-determination for the Territory, Aware of the continued negotiations between the administering Power and the territorial Government on the draft Guam Commonwealth Act and on the future status of the Territory, with particular emphasis on the question of the evolution of the relationship between the United States of America and Guam, /...

Select target paragraph3