(4)TheSpecial Committee noteswithsatisfaction thestatement bytherepresentative oftheadministering PowerthathisGoverument willrespectthewishesofthepeopleofMontserrat indetermining theirfutureconstitutionalstatus. Inthisregard,theCcmmi.ttee reiterat~s thatitistheobligation oftheadministering Powertocreatesuchconditions intheTerritory soaetoenablethepeopleotMontserrat toexercise freely ~dwithout interferencetheirinalienable righttoself-determination andindependence inp~cordancewithGeneral Assembly resolution 1514(XV),aswellasotherl·ele'V'antresolutions oftheGeneral Assembly. Furthermore, theCamnittee reaftirms theimportance ottostering anawareness amongthepeopleofMontserrat otthepossibilities opentothemintheexercise otthatright.TheCommitteereaffirms, inaccordance .viththerelevant provisions oftheCharteroftheUnitedNations andtheDeclaration contained inGeneral Assembly resolution1514(XV),thatitisultimately' forthepeopleofMontserrat themselvestodecideontheirfuturepolitical status. (5)TheSpecial CCIIDIlittee notesthattheGovernment ofMontserrat, onthebasisotitscontinuing concernforthefuturestatusoftheTerritory, 11iskeepingtheeconomic andsocialdevelopllent oftheTerritory underperiodicreriew,inordertodetermine theopportune timingforanychangeinthepresentstutus. 1/SeeA/AC.109/643, paras.12and13. -147-adm: dev acce the GOVE diVE of1 devE uti] and cont inn the t'1ash Powe Grou ane toM co-o to5 Mont estal othe' regie Deve needE and ofC~ the( effec theS furth \keptr rl t f'.·.:. k(6)TheSpecial Committee reaffirms theresponsibilities ofthe administering PowerundertheCharter fortheeconomic andsocial development ofitsdependent Territories. TheCo~ittee, takinginto account theeconomic conditions existing inMontserrat, callsupon theadministering PQ1ver,Inco-operation withtheterritorial Government, tocontinue tostrengthen theeconomy, especially throup~ diversification. ,(7)Inthisree-:ard, theSpecial Committee notesthpefforts oftheterritorial Gov~rnment todiversif,y theeconomy throughthe development ofagriculture, tourism andindustries basedonthE' utilization oflocalral.materials, andnotesthateffortstoexpand andimprovetheeconomic infrastructure forfurther development have continued. TheCommittee further notesthattheTerritor,y isnolonger inneedoftheI];rant·~in-aid. (8)TheSpecial Committee takesnoteofthethirdmeeting of theCaribbean Group'forCo-o:oeration inEconomic DevE'lopment, heldat W'ashington ~D.C.,inJune1980,2/andcallsontheadministering Power,inconjunction withtheterritorial Government andtheCaribbean Group,tomobilize allnecessary resources fortheimplementation of aneffective prcr,ramme offinancial, technical andmaterial assistAnce toMontserrat. (9)TheSpecial Committee urgestheadministerin~ Power,in co-operation withtheterritorial Gov.ernment, totakeeffective measures tosafeguard, guarantee andensuretherightsofthepeopleof Montserrat toownanddispose oftheirnatural resources andto establish andmaintain control oftheir futu~edevelopment. (10)TheSpecial Committee urgesaiddonors, specialized agencies and otherorganizations withintheUnitedNations system, aswellas regional institutions, such a~theCaribbean Community andtheCaribbean Development Bank,tocontinue topayspecial attention tothedevelopment needsofMontserrat. (11)Inthisrep,ard, theSpecial Committee welcomes thefinancial andtechnical assistance provided toMontserrat bytheGovernments ofCanada,theUnitedStatesofAmericl;!. andVenezuela, aswellasby theCaribbean Community andotherregional institutions. (12)Mindfulthatvisiting missions tosmallTerritories ~rovide an effective meansofascertaining thesituation intheTerritories visited, theS~~cial.Committee considers thatthepossibility ofsending a :ruI"~hervis:.ting mission to!1ontserrat atanappropriate timeshouldbe keptunderreview. gjIbid.,pa:-a.79. -148-1.Atits11 relatingtoth (A/AC.I09/L.13 thequestion 0 consideration 2.TheSpeci 4August 1981. 3.Initsco provisions of resolution 35/ theGranting 0 thatresolutio meansforthe 1514(XV)ina particular: remaining manif Assembly atits General Assembl including theC requested the session,includ t1""!administeri relevant provis containingthe Granting ofInd 4.Duringits aworkin9paper developments co 5.Therepres Ireland, asthe Special Committ 6.Atthe118 SmallTerritori introduced the ofitsconsider 7.Atthesam reportoftheS contained there •PreviouCHAPTER XXI* CAYMAN ISLANDS A.Consideration bytheSpecial Comittee 1.Atitsl184thmeeting, on21January 1981,byadopting thesuggestionsrelating totheorganization ofitsworkputforward bytheChairman(A/AC.l09/L.1385 andCorr.l), theSpecial Committee decided, interalia,toreferthequestion oftheCaymanIslands totheSub-Committee onSmallTerritories for consideration andreport.
**Analysis**
The text discusses the economic development of Montserrat, a small territory, and the efforts of the administering power to create conditions for the people to exercise their right to self-determination and independence. It also touches on the natural resources, infrastructure, and financial assistance provided to the territory. Additionally, it mentions the need for diversification of the economy and the utilization of local resources.

**Category**
Economic development, Natural resources and environment