text: -26- ..-,"_'.'..• assured theCommission thattheCentre wascommitted tomaintain thestandard of itswork. Atthesametime,heacknowledged theconstraints oftheregular resources available totheCentretocarryoutitsmandated activities. He .~ expressed thehopethatGovernments wouldcontinue tocontribute totheCentre's extrabudgetary funds,thusallowing ittomeettherequirements ofexisting and futurelegislative mandates. TheExecutive Director explained therationale behind theproposed designation ofpriorities forprogramme elements intheworkprogramme fortheperiod 1990-1991. Healsoresponded tospecific questions raised by delegations andexpertadvisers andassured themthattheircomments wouldbefullr takenintoaccount intheCentre's futurework. ActiontakenbytheCommission 53.TheCommission: (a)TooknoteofthereportoftheSecretary-General ontheactivities ofthe UnitedNations Centre onTransnational Corporations andtheactivities ofthejoint unitsestablished withtheregional commissions (E/C.10/1989/3) andthenotesby theSecretariat onpreliminary considerations onthepreparation ofadraft proposed programme ontransnational corporations forthemedium-term planforthe period 1992-1997 (E/C.10/1989/CRP.2) andontherecurrent documents and publications oftheUnitedNations Centre onTransnational Corporations (E/C.10/1989/CRP.3); (b)Requested theSecretary-General tosubmit areport totheCommission at itssixteenth session ontheactivities oftheCentre, including theactivities of thejointunitsestablished withtheregional commissions; (c)Requested theSecretary-General toprovide theCommission atits sixteenth 3ession withthedraftprogramme ontransnational corporations ofthe medium-t~rm planfortheperiod 1992-1997; (d)Requested theSecretary-General totakeintoaccount inthefuture work oftheCentretheviewsexpressed bydelegations atthefifteenth session. Contribution o(theUnitedNation$ Centre onTr9~Aational Corpor.ations totheimplementation oftheUnited Nations Programme ofl>.ctionforAfrican Economic Recovery~ Development 1986-1990 54.Atthe12thmeeting, on13April1989,theobserver forMalaysia, 1~/on behalfoftheStates Members oftheUnitedNations thataremembers oftheGroup of77,introduced adraftresolution (£/C.10/1989/L.11) entitled "Contribution of theUnitedNations Centre onTransnational Corporations totheimplementation of theUnitedNations Programme ofActionforAfrican Economic Recovery and Development 1986-1990". 1~/Inaccordance withrule72oftherulesofprocedure oftheEconomic and SocialCouncil. -27-II-I'I ! -! -I -'j , I II~, ~55.Atthe13thmeeting, on14April,theSecretary oftheCommission madea statement. 56.Atthesamemeeting, statements weremadebytherepresentatives oftheUnited Kingdom ofGreatBritain andNorthern Ireland andTunisia andbytheobserver for Malaysia (onbehalfoftheStates Members oftheUnitedNations thataremembers of theGroupof77).TheChairman alsomadeastatement. 57.Atthesamemeeting, theSecretary readoutthefollowing revisions tothe draftresolution whichhadbeenagreedtoduringinformal consultations: Operative paragraph 2,whichhadread: "Invites thehomecountries ofthetransnational corporations toinitiate concrete incentives andmeasures toencourage investment bytheircorporations inalldeveloping countries, particularly inAfrica, including theelimination ofallexisting legislative andregulatory obstacles intheirhomecountries withrespect totransnational corporations inalldeveloping countries, particularly inAfrica, andprovision oftaxbreaks andspecial investment guarantees", wasreplaced bythefollowing text: "Invites thehomp.countries oftransnational corporations toencourage, asacomplement tomeasures takenbydeveloping countries themselves, investment bysuchcorporations inalldeveloping countries, particularly in Africa, andtothatend,consider providing, interalia,financial andfiscal incentives, inclu('lingtax-sparing". 58.Atthesamemeeting, theCommission adopted thedraftresolution, asorally revised (seechap.I,sect.A,draftresolution VI). -28- Chapter IV
analysis: The text appears to be related to the activities of the United Nations Centre on Transnational Corporations, discussing its work program, budget, and contributions to the implementation of the United Nations Programme of Action for African Economic Recovery and Development. The text also mentions the Centre's work on transnational corporations and their role in African economic development. These topics suggest a focus on economic development and international trade.