soastoreachattheearliest possible datetheagreeddesirable fUnding levelof$50million ayear. 3.TheBoardagreedthatconsideration ofwaysandmeansofmobilizing increased resources fortheFundshould becontinued atthenextsession of thecompetent organsofUNIDO. 4.TheBoardapproved theindicative programme for1986andplanfor 1986-1987 asproposed inthereportbytheExecutive Director exceptin respect oftheproposal toearmark asmallcomponent withinthegeneral purposes segment oftheFundfordisaster reliefassistance. 5.TheBoardagreedtocontinue todelegate authority totheExecutive Director toapprove projects forfinancing undertheFundin1986and1987. -39-I '.CHAPTER XIII PROGRESS OFINDUSTRIALIZATION OFTHELEASTDEVELOPED COUNTRIES 127.TheBoardconsidered thequestion ofprogress ofindustrialization ofthe leastdeveloped countries underagenda item14.TheBoardhadbeforeittheannual reportoftheExecutive Director, 1984(ID/B/340, chap.V,paras. 55-68and appendix 0)andastatistical reviewoftheworldindustrial situation, 1984 (UNIDO/IS.506, parttwo). 128.TheBoardconsidered theitematits378thmeeting on22May.Anaccount of thediscussion iscontained intherelevant summary record (ID/B/SR.378). Action bytheBoard 129.Atits382ndmeeting, on31May1985,theBoard,afterconsideration ofa draftconclusion onitem14(ID/B/L.334) submitted bythePresident, adopted the following conclusion: Conclusion 1985/10. Progress ofindustrialization of theleastdeveloped countries 1.TheIndustrial Development Boardexamined therelevant sections ofthe annualreportoftheExecutive Director, 1984(ID/B/340, chap.V,paras. 55-68 andappendix 0),General Assembly resolution 39/174, asadopted on 17December 1984,ontheimplementation oftheSubstantial NewProgramme of Actionforthe1980sfortheLeastDeveloped Countries, thestatistical review oftheworldindustrial situation 1984(UNIDO/IS.506), aswellasother documents submitted totheBoardinwhichreferences weremadetotheleast developed countries. TheBoardtooknoteoftheactivities ofthesecretariat torenderassistance totheleastdeveloped countries andofitscontribution totheimplementation oftheSubstantial NewProgramme ofAction, adopted unanimously bytheUnitedNations Conference ontheLeastDeveloped Countries, andendorsed bytheGeneral Assembly inresolution 36/194of 17December 1981. Whiletakingnoteoftheefforts ofUNIDOtoprovide technical assistance totheleastdeveloped countries, theBoardexpressed concernattheslackening intheapprovals ofprojects intheleastdeveloped countries andatthedecline initstechnical assistance delivery in1984in favouroftheleastdeveloped countries. 2.TheBoardrecalled General Assembly resolution 39/174, whichcalled l~pon allcountries, international institutions andothersconcerned toimplement fullyandeffectively theircommitments undertheSubstantial NewProgramme of Action. 3.TheBoardrecalled resolution 6onleasLdeveloped countries: implementation oftheStjbstantial NewProgramme ofActionadopted bythe FourthGeneral Conference ofUNIDO, andurgedfullimplementation ofit. -40-4. situa addit foru large count natio 5. accel thef' compr least UNIDO. 6. withi withi effect4.TheBoardexpressed serious concernatthedeteriorating socio-economic situation oftheleastdeveloped countries, including thecountries inAfrica additionally affected bydrought anddesertification, andunderlined theneed forurgentandspecial attention bytheinternational community andfor large-scale support onacontinuous basistoenabletheleastdeveloped countries toprogress towardsself-reliant development, consistent withthe national plansandprogrammes ofeachcountry. 5.TheBoardrequested thatUNIDOshouldintensify itsefforts towards accelerating theimplementation oftheSubstantial Newprogramme ofActionin thefieldofindustrialization andthattheExecutive Director shouldsubmit a comprehensive andseparate reportontheprogress ofindustrialization ofthe leastdeveloped countries tothenextsession ofthecompetent organsof UNIDO. 6.TheBoardreiterated itsrequest totheExecutive Director tostrengthen, withinexisting andavailable resources, theLeastDeveloped Countries Section
**Analysis**
The text appears to be discussing the progress of industrialization in the least developed countries, the efforts of UNIDO to provide technical assistance, and the need for urgent attention and support from the international community. It also mentions the deterioration of the socio-economic situation in these countries and the need for large-scale support to enable them to progress towards self-reliant development.

**Category**
Economic development, Industry