"In this context, the Council notes that, since the interim review in May 1994, there has been limited progress in the peace process and that the Liberian National Transitional Government (LNTG) has been unable to extend its authority effectively outside the Monrovia area. The Council notes further with concern that preparations for national elections have been hampered by the continued fighting and the consequent virtual halt of the disarmament process. It underscores that until the disarmament process is substantially accomplished the holding of free and fair elections will not be possible. It reiterates, nevertheless, the need to make urgent preparations to enable the timely holding of free and fair elections. To this end, a substantial acceleration of the disarmament process is essential. It notes that continued delay may have an adverse effect on international participation in the Liberian peace process.