(e)Promote contacts andco-operation amongenterprises ofdeveloping countries andtheirorganizations, inparticular through co-operation among chambers ofcommerce andindustry andotherbusiness organizations, aswellas further promotion oftheroleofsmall- andmedium-sized enterprises inSouth-South trade. 13.49 Withregard tosubregional, regional andinterregional economic co-operation andintegration, theUNCTADsecretariat will: (a)Continue tomonitor developments andevolution inthedifferent economic integration groupings ofdeveloping countries; (b)Carryoutstudies onthemainproblems andissuesfacingtheeconomic integration movement ofdeveloping countries; (c)Assistthedeveloping countries intheimplementation ofstrategies for therevitalization andstrengthening oftheintegration process, including complementary measures totradeliberalization intheareasofmonetary and financial co-operation, agricultural andindustrial production, transport andother infrastructures, aswellasintheimplementation ofthesemeasures through appropriate institutional mechanisms, including national mechanisms forundertaking economic integration activities, andtheinvolvement ofpublic andprivate enterprises; (d)Continue toprovide technical support tosUbregional andregional economic integration groupings andtoco-operation amongeconomic integration groupings ofdeveloping countries, including through anewcomprehensive interregional project financed bytheUnitedNations Development Programme (UNDP), aimedatthepromotion ofco-operation amongeconomic integration ofdeveloping countries, subject toadecision bytheUNDPGoverning Council. 13.50Intheareaofmonetary andfinancial co-operation, theUNCTADsecretariat will: (a)Undertake research andanalyses on,andprovide technical co-operation for,thestrengthening ofpayments andclearing arrangements ofdeveloping countries; (b)Support theworkoftheCo-ordination Committee onMultilateral Payments Arrangements andMonetary Co-operation amongDeveloping Countries asanimportant meansforpromoting theeffectiveness ofpayments andclearing arrangements of developing countries; (c)Monitor andreviewfinancial flowsamongdeveloping countries and regional andsubregional capital markets indeveloping countries, andprovide substantive support toseminars onthemObilization ofdomestic resources among developing countries; -22- Digitized by Dag Hammarskjöld Library(d)Assist developing countries inthestrengthening ofexisting mechanisms oftradefinancing andanyfollow-up, asappropriate, tothestudyundertaken in 1990ontheestablishment ofaninterregional mechanism forfinancing South-South tradeinnon-traditional exports. SUBPROGRAMME 8.MARITIME ANDMULTIMODAL TRANSPORT (a)Objectives 13.51 Thelegislative authority forthesubprogramme derives fromUNCTAD resolutions 106(V),119(V),120(V),121(V)and144(VI);TradeandDevelopment Boarddecisions 12(I)and169(XVIII): Committee onShipping resolutions 49(X), 58(XII), 59(XII), 60(XII), 51(XIII), 52(XIII): theConvention onaCodeof Conduct forLinerConferences; andresolution 1oftheAdHocIntergovernmental GrouponCo-operation amongDeveloping Countries inShipping, PortsandMultimodal Transport. 13.52 Theobjectives ofthesubprogramme willbe: (a)Toformulate andadoptpolicies atthegloballevelwithaviewto promoting thedevelopment ofmerchant marines ofdeveloping countries andto enabling thedeveloping countries toincrease theirparticipation inworld shipping; (b)Tobringaboutstructural changeininternational shipping where necessary, including achieving amorebalanced situation between supply anddemand inoceanshipping inordertopromote theorderly development oftheworldmerchant fleetandeffectively contribute totheexpansion ofworldtrade; (c)Topromote anequitable balance between theinterests ofshippers and shipowners; (d)Tofosterco-operation amongdeveloping countries inthefieldsof