Since the conclusion of the Comprehensive Peace Agreement (CPA, the Government of Japan has considered offering the Government of Sudan relief of its remaining debt obligation to Japan based upon 1978 resolution of the trade and Development Board in the United Nations Conference on Trade and Development (UNCTAD) to relief the heavily indebted countries including Sudan.
We are likely to witness new debt crises, not in the usual highly indebted, poor countries but in developing countries or economies in transition," Supachai told a meeting of the body's trade and development board.
In a related development, Jo Elizabeth Butler, Secretary of the Trade and Development Board and Head of Intergovernmental Affairs and Outreach Service of the United Nations, has also heaped commendations on the minister s inputs into the conference, which she described as both stimulating and enlightening.
In other action, the Assembly: * Proclaimed 1998 as the International Year of the Ocean (49/131); * Recognized 1995 as the year commemorating the millennium of the Kyrgyz national epic Manas (49/129); * Decided that the Commission on Transnational Corporations should become a Commission of the Trade and Development Board and be renamed Commission on International Investment and Transnational Corporations (49/130); * Added Angola and Eritrea to, and removed Botswana from, the list of LDCs (49/133); * Endorsed the new Global Malaria Control Strategy of the World Health Organization, which aims to prevent mortality and reduce morbidity, as well as social and economic losses, due to malaria (49/135).
The 130-member Trade and Development Board of UNCTAD, at its spring session (11-22 March, Geneva), also accepted the Government of Colombia's offer to hold the session in Cartagena de Indias, from 8 to 25 February 1992.
A strong reaffirmation of the international community's commitment to halt and reverse protectionism-as set out in the Final Act of the seventh United Nations Conference on Trade and Development (UNCTAD)-was made by the Conference's Trade and Development Board at its thirty-fifth session (Geneva, 6-17 March).
In a resolution adopted at its thirty-fifth session (Geneva, 5 October) the Trade and Development Board of UNCTAD had expressed concern at the serious problems faced by many developing countries in reconciling debt service obligations with the requirements of development and growth and the need to protect the poorest and most vulnerable sections of the population.
