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AG/RES. 1694 (XXIX-O/99)

DIVIDENDS FOR PEACE

(Resolution adopted at the fourth plenary session, held on June 8, 1999)

THE GENERAL ASSEMBLY,

HAVING SEEN the document "Dividends for Peace" (AG/CP/doc.610/99);

BEARING IN MIND that, among the purposes of the OAS, established in its Charter, are the strengthening of peace, democracy, and security in the Hemisphere and the achievement of "an effective limitation of conventional weapons that will make it possible to devote the largest amount of resources to the economic and social development of the Member States";

OBSERVING the statements made in the Declaration and Plan of Action of the Summit of the Americas held in Miami in 1994, of the Summit of the Americas held in Santiago, Chile, in 1998, and of the Summit of the Americas on Sustainable Development held in Santa Cruz de la Sierra, Bolivia, in 1996, on preserving and strengthening the community of democracies of the Americas, promoting prosperity through economic integration and free trade, eradicating poverty and discrimination in our Hemisphere, guaranteeing sustainable development, and conserving our natural environment for future generations;

EXPRESSING its intention to continue considering appropriate steps to move forward in the effective limitation and control of conventional weapons in the region; and

CONSIDERING:

That profound transformations in the international arena over the past 10 years have been accompanied by changes in the concept of security, which now includes matters of human security in the social, economic, cultural, and environmental areas;

That new circumstances of cooperation and peace in the Hemisphere have made it possible to consider reallocating resources and directing them, insofar as possible, to the economic and social development areas to which each society attaches priority; and

That Article 3.f of the Charter of the Organization states that "the elimination of extreme poverty is an essential part of the promotion and consolidation of representative democracy and is the common and shared responsibility of the American States,"

RESOLVES:

1. To instruct the Permanent Council to begin consideration of the topic "Dividends for Peace," through a mechanism it deems pertinent;

2. To request the member states to transmit to the Permanent Council their comments on the topic "Dividends for Peace."

3. To request the Permanent Council to report to the General Assembly at its next regular session on the implementation of this resolution.

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