During the session it examined information regarding the implementation of recommendations, financial situation of the Fund and new projects.

The Conference took note of the reports of the 25th Session of the FCO and the 33rd Session of the PFC and adopted the recommendations therein.

The report of the Secretary General on the financial situation of the Institute was submitted to the current session of the Assembly (A 60 366).

On the basis of the recommendation of the Committee, the Tribunal, at the same session, authorized the appointment of a new auditor for the financial year 2004.

The audit report for the financial year 2003 was presented by the Registrar at the eighteenth session of the Tribunal.

Financial situation of the United Nations Institute for Training and Research and related conclusions at the forty third session of the Board of Trustees

A member of the Board of Trustees, David Weissbrodt, attended the session and introduced the documentation available and the beneficiaries of travel grants attending the session, and described the financial situation of the Fund.

The question of modalities for enhancing the participation of members from developing countries in the meetings of the Legal and Technical Commission and the Finance Committee was again discussed by the Finance Committee during the tenth session.

The conference requested the General Secretariat to re circulate to Member States the SESRTCIC study in order to obtain their views thereon, deferred the matter to the 34th session of the PFC for further consideration and study, and requested the General Secretariat to submit a report thereon to the 33rd session of the ICFM.

Support for the establishment of financial intelligence units, which could serve as a link between law enforcement, financial and regulatory authorities, is a key factor in attaining the goals set at the twentieth special session.

During the eighteenth session of the Tribunal, the Committee on Budget and Finance gave consideration to the matter on the basis of proposals presented by the Registry.

Russia has decided to contribute approximately 60 million to the 14th Replenishment of the International Development Association for 2006 2014.

Expenditure from the fund of 42,111 was incurred in providing assistance to eligible participants in the meetings of the Finance Committee and the Legal and Technical Commission during the tenth session.

At INC3 and INC4, an informal contact group established by the plenary developed and further elaborated elements on financial resources and mechanisms for possible inclusion in the Convention.

The Conference approved the Personnel Regulations together with its annexes as amended by the Intergovernmental Working Group of Experts (IGWGE) set up by the 33rd PFC.

(b) An annual high level policy dialogue with international financial and trade institutions held in the framework of a strengthened high level segment of the annual substantive session of the Council

The ninth session of the Commission on Investment, Technology and Related Financial Issues was held at the Palais des Nations, Geneva, from 7 to 11 March 2005.

The Organization's current financial straits made it unlikely that the Committee would be able to make much progress on the issue during the main part of the Assembly's sixtieth session.

The ninth session of the Commission on Investment, Technology and Related Financial Issues was held at the Palais des Nations, Geneva, from 7 to 11 March 2005.

The most likely form of the fiscal compact now seems to be a very mild agreement requiring each country to balance its budgets over the business cycle.

CRIC 3 confirmed that continued progress towards more predictable financial resources is a cornerstone of successful implementation of the Convention.

Thirty fourth session

Even the most exposed countries handled the last round of financial shocks, in May and June 2006, relatively comfortably.

By its decision 23 COP.6, the Conference of the Parties (COP) requested the Executive Secretary to report to the COP at its seventh session on the status of the trust funds established under the financial rules of the COP.

We further believe that, during the sixtieth session, we should recommit ourselves to our Charter obligation to bear the financial expenses of the United Nations and to paying our assessments in full, on time and without condition.

With respect to successful domestic policies, ECE noted at the session that liberalizing domestic prices and markets as well as foreign trade is important so as to avoid distortions in the allocation of financial resources.

The joint high level session of the World Association of Investment Promotion Agencies (WAIPA) with UNCTAD's Commission on Investment, Technology and Related Financial Issues focused on attracting FDI in service clusters.

Analytical report of the Secretariat

Note

5E (A 60 5 Add.5)

Text E. Draft decision CMP.1.

Members of Their Families

Ninth session

Fifth session

United Nations New York, 2005

General Assembly

HAVE INDISCRIMINATE EFFECTS Original ENGLISH

Second reissue for technical reasons.

General Assembly

Chapter VIII Organization of the session

Draft decision CMP.1.

Original ENGLISH

PARAGRAPH 2(a) AND (b), AND ARTICLE 26 OF THE CONVENTION

Note by the secretariat

A 60 50 and Corr.1.