Committee of the Whole concluded business today. Following is summary of resolutions.
The Secretariat, assisted by necessary experts and consultants, to make a study of available surveys of coal reserves in the region and the obstacles to such surveys, study of methods of production of power alcohol and other substitutes for petroleum and, in consultation with F.A.O., study of the economic and social aspects of production and the use of chemical fertilizers.
An expert sub-committee in association with the Secretariat to make a study of the various aspects of the iron and steel industry.
The Secretariat to make a study into facilities for the mobilisation of financial resources in regions of industrial development.
The Secretariat, as a continuing function, to collect and disseminate information on trade possibilities between Japanese country regions and also, in conjunction with I.M.F. , to make a study of the aspects of the dollar shortage in the regions.
Working Group to make a study of facilities for travelling in the regions. Object is to stimulate tourist traffic.
The Committee of the Whole to be replaced by a Representative Committee on Industry and Trade to meet twice a year, once between the annual session of the Commission and once at the same time as, or immediately before, the Commission. Meeting may be called on requests in writing from two thirds of the members.
Latter resolution, result of joint draft by U.S.A. and United Kingdom. Terms of reference as limiting as could be expected in the circumstances.
Executive Secretary submitted estimate of increases of staff necessary for the execution of the task assigned to it. Total cost 71,000 for six months. General resolution on the expansion of staff adopted.