Decision 77/17

The Executive Committee decided:

1. To note:
   1. The progress report on the status of implementation of the conversion of Audivic and Foxman in Argentina, submitted by UNIDO;
   2. That the room air-conditioning manufacturing project included in stage I of the HCFC phase-out management plan had been completed, resulting in the phase-out of 53.5 ODP tonnes of HCFC-22;
   3. That the enterprises Audivic and Foxman had ceased manufacturing HCFC-22-based air-conditioning equipment, resulting in an overall balance of US $500,636; and
2. To request UNIDO and the Government of Italy to return to the Multilateral Fund at the 79^th meeting the balance of US $547,973, consisting of US $322,644, plus agency support costs of US $24,198 for UNIDO (ARG/REF/61/INV/164), and US $177,992, plus agency supports costs of US $23,139 for the Government of Italy (ARG/REF/61/INV/163).