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Co-ordination of industrial incentives and legislation: resolution 140(VII) adopted by the Commission at its 126th plenary meeting on 22 February 1967

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UNITED NATIONS

EcoNOMIC AND

SOCIAL COUNCIL

Distr.

GENERAL

E/CN.14/RES/140 (VII) 3 Maroh 1965

Original; ENGT.TSH

.. . ,

.

ECONOMIC ~O~1ISSION FOR AFRICA Seventh session

Nairobi, 9-23 February 1965

CO-ORDINATION OF INDUSTRIAL INCENTlmb~· ~UIL

the Commission at its 0n 22 February 1965

The Economlc Commission for Africa

Recognizing the importance of co-ordinating programmes of indust- rial development in African countries in order to achieve maximum eoonomic growth,

Recognizing the dangers inherent in competition among African States in the pr-ovi saon of economic incentives and industrial legislation to attract capital investment,

~oting that a preliminary study of African investment codes inclUd- ing data on current legislation has been prepared at its re~uest and will sh.ortly be published,

1. Recommends to the Governments of member States and associate members of the Commission that they should review and if possible harmon- ize industrial legislation and incentives through the sub-regional offices of the Commission;

2. Re~uests the Executive Secretary to report to the Commission at its next session on the progress made.

65-562

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