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IN THE CORRIDORS

The Russian Federation and Colombia, on behalf of the G-77, successfully resolved the outstanding issue on the treatment of countries with economies in transition in the decisions on finance and technology transfer. Paragraph 2 of L.5 on finance, which deals with the supportive international economic climate, now concludes, "The Commission highlighted in this context the importance of making further progress in areas such as debt relief, in particular for developing countries, as well as encouraging free trade and access to markets.... particularly for developing countries and countries undergoing the process of transition to a market economy." The reference to countries with economies in transition in paragraph 2 of the technology transfer draft decision was deleted. Thus, all six draft decisions have been agreed to and will be finalized in Plenary tomorrow.