A/RES/58/317 development can be achieved only in a climate of peace, security and mutual confidence both within and among Member States, Reiterating that the responsibility for managing and achieving worldwide economic and social development, as well as responding to threats to international peace and security, must be shared among all nations of the world and exercised multilaterally and that, in this context, as the most universal and most representative intergovernmental organization, the United Nations must play the central role, Reiterates the need for full observance of the Charter of the United 1. Nations and the unrestricted application of all the principles and the achievement of the purposes that it enshrines, including, inter alia, the principles regarding the sovereign equality of Member States and the necessity of respecting the political independence of nations, and reaffirms the central role of the United Nations in the maintenance of international peace and security and the strengthening of international cooperation in conformity with the Charter; Reaffirms the irreplaceable role of the United Nations and the necessity 2. of ensuring the equal participation of all Member States, in a transparent manner, in a multilateral system, guided by the Charter and founded on universally recognized values and norms; Also reaffirms its commitment to multilateralism, which entails, inter 3. alia, respect for the Charter and the principles and norms of international law and the adoption of measures to prevent the use or the threat of use of force and the exercise of pressure and coercion as a means for obtaining certain political objectives, and in this context underlines the fact that Member States have committed themselves to refraining in their international relations from the threat or use of force against the territorial integrity or political independence of any State, or in any other manner inconsistent with the purposes of the United Nations, and to upholding the principle of settlement of international disputes by peaceful means in such a manner as not to endanger international peace and security and justice, bearing in mind the need to allay the legitimate concern of Member States with regard to ensuring lasting safety and security for their peoples; Re-emphasizes the respective prerogatives and functions of the General 4. Assembly, the Security Council and the Economic and Social Council as defined in the Charter, and the need to enhance the coordination among these organs, which constitute the framework for the achievement of the purposes of the United Nations, and underlines its conviction regarding the need to sustain as a priority in the process of reform of the United Nations, the revitalization and strengthening of the Assembly and the reforms of the Security Council and the Economic and Social Council, with a view to strengthening further the capacity of the United Nations so as to enable it to improve its performance in undertaking its functions and responsibilities, mindful, in this context, of the need to involve all Member States in these processes in order to ensure that their perspectives, concerns and interests will be taken fully into account; Welcomes the establishment by the Secretary-General of the High-level 5. Panel on Threats, Challenges and Change, and takes note of its terms of reference; 2 _______________ 2 2 A/58/612, annex I.