Global markets must be balanced by global values such as respect for human rights and international law, democracy, security and sustainable economic and environmental development.

We need the UN, to deal with the threats to our common security from nuclear, chemical and biological weapons, not only in the case of Iraq. They must be tackled by the international community together, by strengthening conventions, treaties and agreements.

Globalisation has made us more vulnerable. It creates a world without borders, and makes us painfully aware of the limitations of our present instruments, and of politics, to meet its challenges.

The globalisation of information makes people aware of what they have - and have not. Problems and oppression are impossible to hide, and the new and powerful tools of information provide us with more opportunities than ever to react and act.

Terrorism can never be accepted. We must fight it together, with methods that do not compromise our respect for the rule of law and human rights, or are used as an excuse for others to do so.

The developing countries must be able to take a more active part in trade negotiations, through technical assistance and support from the developed countries.

States have the responsibility to create rules and conditions for growth and development, and to channel the benefits to all citizens by providing education and making people able to participate in the economies, and in decision-making.