Decision 38/74

The moderator of the Sub-group also noted that, at the meeting on 21 November 2002, the Sub-group had received from the World Bank a draft agreement between the Executive Committee and the Government of Argentina on the phase-out of the CFC production in Argentina. After a discussion, the Executive Committee decided to approve the Agreement for the Argentina Production Sector, contained in Annex XV to the present report, at a funding level of US $8.3 million.