Integration of the Commission on Transnational Corporations into the institutional machinery of the United Nations Conference on Trade and Development.

Decides that the Commission on Transnational Corporations should become a commission of the Trade and Development Board and be renamed the Commission on International Investment and Transnational Corporations; requests the Trade and Development Board to address urgently the question of orienting the programme of work of the Commission on International Investment and Transnational Corporations on the basis of recommendations made by the Commission on Transnational Corporations at its 20th session that the Board should orient the work in such a way as to attract attendance of relevant senior public sector officials as well as private sector representatives; requests the Secretary-General to restore in full the resources of the programme on transnational corporations as originally allocated in the proposed programme budget for the biennium 1994-1995 and in accordance with General Assembly resolution 48/228 A of 23 Dec. 1994; decides that the Commission will keep under review the work of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting, whose next session is to be held in Geneva in the first half of 1995.

Adopted without vote, 32nd meeting

Adopted at the 32nd plenary meeting, 14 July 1994.
In: Resolutions and decisions of the Economic and Social Council, organizational session for 1994, New York, 25 January and 3 and 4 February 1994; resumed organizational session for 1994, New York, 6 June 1994; substantive session of 1994, New York, 27 June-29 July 1994; second special session of 1994, New York, 16 September 1994; resumed substantive session of 1994, New York, 3 and 4 November 1994 - E/1994/94 - p. 16-17 - (ESCOR, 1994, Suppl. no. 1).