text: power of modern weapons, even wars waged without nuclear weapons would have devastating effects. Solutions can only be reached through negotiations. Negotiations, however, pressuppose that each party will take account of the other's legitimate security interests. In addition, they require willingness to be open and transparent as well as to observe arms control agreements and make them verifiable. In short, they require more trust among all States and active efforts to build real confidence. If progress is achieved in each of these three areas, we shall then be able to develop those new global structures for the preservation of peace that are needed today and that will be all the more necessary in the world of tomorrow. Mr. FRANCESCHI (Italy): First of all, Mr. Chairman, may I also address to you and to the other officers of the Committee our warmest congratulations on your unanimous election. We are confident that under your skilled guidance the Committee will be able to make significant progress in its consideration of the numerous and complex issues on its agenda. My delegation stands ready for its part to contribute in a constructive spirit to the success of your work. The Permanent Representative of the Netherlands, on behalf of the Ten members of the European Community, of Portugal and of Spain, reviewed last Tuesday the most important items on the Committee's agenda. I wish to associate myself fully with the views he expressed and to confine this statement to some additional remarks on those question s to which Italy attaches particular importance . JSM/MO A/C.l/ 40/PV .11 57 (Mr. Franceschi, Italy) This year marks the fortieth anniversary of the United Nations, an Organization created in the aftermath of the Second World war for the purpose of 
analysis: The text appears to be a speech or statement made by a representative of Italy to the United Nations, likely discussing the topic of international relations, disarmament, and global security. The text mentions "power of modern weapons", "wars", "negotiations", "arms control agreements", and "peace", indicating a focus on international conflict resolution and security.