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II SÉRIE — NÚMERO S3

Municipal and industrial waste utilisation

for energy conservation; Overall energy system analysis and general

studies.

d) Uranium enrichment, including co-operative programs:

To monitor developments in natural and enriched uranium supply;

To facilitate development of natural uranium resources and enrichment services;

To encourage such consultations as may be required to deal with international issues that may arise in relation to the expansion of enriched uranium supply;

To arrange for the requisite collection, analysis and dissemination of data related to the planning of enrichment services.

2 — In examining the areas of co-operative action, the Standing Group shall take due account of ongoing activities elsewhere.

3 — Programs developed under paragraph 1 may be jointly financed. Such joint financing may take place in accordance with article 64, paragraph 2.

ARTICLE 43

1 — The Management Committee shall review the reports of the Standing Group and make appropriate proposals to the Governing Board, which shall decide on these proposals not later than 1st July, 1975.

2 — The Governing Board shall take into account possibilities for co-operation within a broader framework.

CHAPTER VIII

Relations with producer countries and with other consumer countries

ARTICLE 44

The Participating Countries will endeavour to promote co-operative relations with oil producing countries and with other oil consuming countries, including developing countries. They will keep under review developments in the energy field with a view to mdentrfyLng opportunities for and promoting a purposeful dialogue, as well as other forms of co-operation, with producer countries and with other consumer countries,

ARTICLE 45

To achieve the objectives set out in article 44, the Participating Countries will give full consideration to the needs and interests of other oil consuming countries, particularly those of the developing countries.

ARTICLE 46

The Participating Countries wfll, sin the context of the Program, exchange views on their relations with oil producing countries. To this end, the Participating Countries should inform each other of co-operative action on their part with producer countries which is relevant to the objectives of the Program.

ARTICLE 47

The Participating Countries wiu\ in the context of the Program:

Seek, in the Light of their continuous review of developments in the international energy situation end its effect on the world economy, opportunities and means of encouraging stable international trade in oil and of promoting secure oil supplies on reasonable and equitable terms for each Participating Country;

Consider, in the light of work going on in other international organizations, other possible fields of co-operation including the prospects for co-operation in accelerated industrialization and socio-economic development in the principal producing areas and the implications of this far international .trade and investment;

Keep under review the prospects fox co-operation with oil producing countries on energy questions of mutual interest, such as conservation of energy, the development of alternative sources, and research and development.

ARTICLE 48

1—The Standing Group on Relations with Producer and other Consumer Countries will examine and report to the Management Commitee on the matters described in this chapter.

2 — The Management Committee may make proposals on appropriate co-operative action regarding these matters to the Governing Board, which shall decide on such proposals.

CHAPTER IX Institutional and general provisions

ARTICLE 49

1 — The Agency shall have the following organs:

A Governing Board;

A Management Committee;

Standing Groups on:

■Eroergeatcy Questions; The OO Market; Long Term Co-Operation; Rstarticais with Producer and Other Consumer Countries.

2 — Tfcs GovaraEcg Board or the Management Committee ztay, acting by majority, establish any other organ necessary for the implementation of the Program.

3 — Tfe Agency shall have a Secretariat to assist the organs msftt&casd fc& paragraphs 1 and 2.

Governing Board ARTICLE 50

i — Tfes Governing Board shaH be composed of oroe ©r more ministers or their delegates from each Partkipailrng Country.