Decision 43/44

In relation to the China TCA production closure project, the Executive Committee decided:

1. To approve in principle the China TCA production closure project at a total level of funding of US $2.1 million plus agency support costs of US $157,500 for the World Bank;
2. Also to approve the Agreement between the Government of the People’s Republic of China and the Executive Committee contained in Annex VI to the present report;
3. To approve US $1.4 million plus agency support costs of US $105,000 for the World Bank for the first tranche covering the 2004-2008 programme; and
4. To request the World Bank to provide the annual audited TCA production report to UNDP to facilitate the verification of TCA consumption under the solvent sector plan in China.