42nd Meeting - Montreal, March-April 2004

The Executive Committee decided:

(a) To approve, in principle, the project proposal for a national CFC phase-out plan for Venezuela at a total level of funding of US $6,240,555 plus agency support costs of US $468,042 for UNIDO;

(b) Also to approve the agreement between the Government of Venezuela and the Executive Committee contained in Annex XII to the present report; and

(c) Further to approve US $1,895,062 plus support costs of US $142,129 for UNIDO for the implementation of the first tranche of the national phase-out plan.