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