The decision to establish a Peace Implementation Council along with its Steering Board at a conference in London was welcomed.

The decision of the Organization for Security and Co-operation in Europe (OSCE) to put in place a programme of elections in Bosnia and Herzegovina was welcomed.

Furthermore, the creation of conditions for reconstruction and development in Bosnia and Herzegovina and for international assistance to be provided was stressed.

Member States were willing to contribute to a multinational force in order to implement the peace agreement for approximately one year, which the Security Council consented to.

The Council endorsed the establishment[3] of the post of High Representative for Bosnia and Herzegovina by the Dayton Agreement[3] (hence appointed by Peace Implementation Council) and agreed the designation[3] of Carl Bildt to the position to monitor the implementation of the peace agreement.