Decision 43/1

Following the discussion, the Executive Committee decided:

1. To take note with appreciation of the Treasurer’s report, including the tables showing the updated status of the Fund as at 30 June 2004 and reproduced in Annex I to the present report;
2. Also to take note of the new information provided by the Treasurer on the gains and losses resulting from the fixed-exchange-rate mechanism;
3. To urge those Parties that had not yet done so to make their contributions in a timely manner; and
4. To urge Parties to make contributions by 1 June each year, and, if that was not possible, to notify the Treasurer in accordance with paragraph 7 of decision XI/6 of the Eleventh Meeting of the Parties.