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UNIDO signs agreement with the Organization of American States

  October 18, 2005

Vienna, 18 October 2005 – Carlos Magariños, Director-General of the United Nations Industrial Development Organization (UNIDO), and José Miguel Insulza, Secretary-General of the Organization of American States (OAS), signed today a Memorandum of Understanding at UNIDO’s headquarters in
Vienna.

Built on the mandates of both organizations, the Memorandum takes into consideration the recommendations of the 10th Session of the UNIDO General Conference in December 2003, calling for a plan of action to foster sustainable industrial development and fight against poverty in Latin America and the Caribbean. The aim is to support the needs of OAS member states and to provide the basic framework for developing a flexible long-term collaboration with UNIDO.

The intensive globalization process, the accelerating technological advances as well as free trade and the opening up to foreign investment represent more options for income and employment generation in the region.

Following the agreement, the OAS can associate itself with ongoing UNIDO projects in the Americas and both parties can now develop joint projects leading to employment generation. The organizations will be providing technical assistance in five areas: Investment and Technology Promotion, Industrial
Competitiveness and Trade, Private Sector Development, Sustainable Energy and Environment, and Human Security.

Note for editors
The United Nations Industrial Development Organization (UNIDO) is a specialized agency of the United Nations that focuses its efforts on relieving poverty by fostering productivity growth. It helps developing countries and countries with economies in transition in their fight against marginalization in today’s globalized world. UNIDO has 171 member states. For more information, please visit www.unido.org.

Contact for further information:
Ricardo Massot
Tel.: +43 1 26026 3432
E-mail: [email protected]

For more information on UNIDO, please contact:
Cristina Stricker
Information Officer
Tel.: +43-1-26026–3034
E-mail: [email protected]

UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION
VIENNA INTERNATIONAL CENTRE
P.O. BOX 300, A-1400 VIENNA, AUSTRIA
TELEPHONE: (+43 1) 260 26-0 FAX: (+43 1) 269 26 69

www.unido.org [email protected]
PRESS RELEASE 21/05

Reference: E-240/05