text: 39. One representative fully agreed with the assessment of the positive results of the eighth session. He said that the Group's conclusions would increasingly be taken into account in international standard-setting activities. His country was concerned, however, about the number of vacancies in the Group and the weak participation of developing countries. He said that that situation should be remedied by the ninth session. His country fully supported the idea of holding regional meetings in Africa to encourage participation. One representative s~id that he fully supported the idea of setting up a fund to facilitate attendunce. Another welcomed the emphasis the Group was putting on the practical training of accountants in developing countries and said that his country would be prepared t o give full support to such activities. -20-Action taken by the Commission 40. At its 8th meeting, on 9 April, the Commission adopted two draft decisions, entitled "Report of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting on its eighth session and provisional agenda and documentation for the ninth session of the Group" and "Survey of accounting needs in Africa" (see chap. I, sect. C, decisions 1990/1 and 1990/2). -21- Chapter V TRANSNATIONAL CORPORATIONS IN SOUTH AFRICA AND NAMIBIA 41. The Commission considered agenda item 6 at its 6th and 7th meetings, on 6 April 1990. It had before it the following documents: (a) Report and recommendations of the Panel of Eminent Persons established to conduct the second public hearings on the activities of transnational corporations in South Africa and Namibia (A/441576-S/20867, annex); (b) Report of the Secretary-General on measures relating to trade, finance, investment and technology transfers to South Africa (E/C.l0/1990/8). 42. In introducing the item, the Executive Director of the Centre noted that in 
analysis: The text appears to be discussing international economic and accounting issues, specifically the activities of transnational corporations and the development of international standards for accounting and reporting. It also mentions regional meetings and a fund to facilitate attendance, which suggests a focus on international cooperation and development.