developing countries. Thenewprogramme forenterprise-to-enterprise co-operation between developing countries wasparticularly welcomed. Astotheministerial solidarity meetings theeffective follow-up oftheagreements reached depended toa greatextent ontheprovision offinancial assistance. UNIDOwasurgedtofollow closely therecommendations anddirectives oftheCaracas Programme ofAction (A/36/333 andCorr.l, annex). Itwassuggested thattheBoardreceive aseparate report onthesubject ofindustrial co-operation amongdeveloping countries. 69.Investment promotion activities andprivate investment inparticular were considered anappropriate vehicle forco-operation andthetransfer oftechnology. Inthatconnection reference wasmadetothesuccess oftheUNIDOComputer Model forFeasibility Analysis andReporting (CO~~AR) andtheinterest demonstrated init byindustry. Wide.support wasshownfortheUNIDOInvestment Promotion Services andtheirexpansion. Thehopewasexpressed thatadditional offices wouldbeset upindeveloping countries. Disappointment wasvoicedthattheBrussels Investment Promotion Service, despite aremarkable achievement overthepasteightyears, was tobeclosed down.Further consideration, itwasstated, should begiventothe matter. Interest wasexpressed inthelinkage between theSystemofConsultations andinvestment promotion activities. Intentions toco-operate withUNIDOin investment promotion activiti~s wereannounced. Ontheotherhand,objections were voicedastotheexpansion oftheInvestment Co-operative Programme and establishing institutional machinery fortheProgramme's application withthehelp ofprivate capital. Mention wasalsomadethatUNIDOshouldgivemoreactive assistance tothedeveloping countries incontrolling theactivities of transnational corporations. Therewasacallforincreased efforts toimprove the quality ofproject identification andpreparation andforbetterco-ordination between pre-investment activities andinvestment follow-up. Additional details wererequested onthebudgets oftheInvestment Promotion Services. 70.Concerning recruitment, itwaspointed outthattheorganization should respect asclosely aspossible theprinciple ofequitable geographical distribution keeping inmindtheglobalbalance currently applicable totheUnitedNations asa wholeaswellasthebalance thatwouldbeapplicable toUNIDOonceitbecame a specialized agency. Efforts inconnection withtherecruitment andpromotion of womenwerewelcomed. Although, onthebasisofawidergeographical distribution, ameasure ofimprovement wasnotedintherecruitment ofconsultants itwas observed thatthesecretariat should makemoreuseofconsultants andexperts from developing countries; thelowshareofdeveloping countries inthevalueof equipment purchased andservices contracted alsoneededtobeimproved. The progressive reduction ofutility costsattheViennaInternational Centre was welcomed. 71.TheExecutive Director thanked theparticipants inthedebateforthe laudatory references toUNIDO's overall performance. Heprovided anextensive -19-I I.replytothepointsraised bythedelegates covering theunitedNations development systemincluding theroleoftheGovernments andUNIDO; theresource allocation systemofUNDPthrough theindicative planning figure; theunitedNations Industrial Development Fund;theSpecial Industrial Services (SIS)programme; the programmes forLatinAmerica andAfrica, including theIndustrial Development DecadeforAfrica; assistance totheAfrican national liberation movements; the leastdeveloped countries; theinvestment co-operative programme; theshareof developing countries inequipment supplies andsubcontracts; technical assistance delivery; theshareofAfrican countries withregardtoagro-industry projects; recruitment ofAfrican experts; request foradditional information tobeincluded intheannualreport; theprocedure forSISprojects; co-operation between the
**Analysis**
The text appears to be discussing the activities and programs of the United Nations Industrial Development Organization (UNIDO) in the context of economic development and international cooperation. The language used is formal and technical, indicating a focus on industrial development, investment, and trade. The text also touches on issues related to recruitment, budgeting, and resource allocation, which suggests a broader focus on organizational management.

**Category**
Economic development, Industry