Decision 52/38

July 2007
China
World Bank
Projects approved / deferred / transferred

Following the discussion, the Executive Committee decided:

  1. To take note of the verification of the carbon tetrachloride (CTC) consumption of Phase II of the CTC sector plan, and the additional data on the CTC production verification provided by the World Bank;
  2. To request the World Bank and the Government of China to accelerate the contractual work and disburse the necessary compensation to the plants that were ready for closure in order to complete the dismantling work in a timely manner;
  3. To request the Government of China to further tighten the control of CTC production and sales to reduce the chance of unauthorized access to the controlled substance;
  4. To approve the disbursement of US $10 million and US $750,000 as support costs for the implementation of the 2007 work programme of Phase II of the CTC sector plan; and
  5. To defer to its 53rd Meeting consideration of the need to adjust the ceiling of 14,300 ODP tonnes of the Phase II agreement for CTC applications not covered by Phases I and II of the sector plan.