15 SEPTEMBER 1997 : 
Argentinian heads Unido
R Senthilnathan (IANS)
A UNITED stand by developing countries ensured the election of a 35-year-old economist-turned-politician from Argentina as the next head of the crisis-stricken United Nations Industrial Development Organisation (Unido).

At the special industrial development board (IDB), the governing body of the UNIDO, Mr Carlos Alfredo Magarinos received 33 votes as against 15 received by his main competitor, Polish foreign minister Dariusz Rosati, the Vienna-based organisation said. The IDB has 53 members and 48 of them, including India and Pakistan, were present at the voting.

Mr Magarinos has now to be elected by the general conference of the Unido, which will be held here early December, but diplomats said it is certain he would receive confirmation. In a three-point proposal put forward, Mr Magarinos indicated he would finetune the present duties of the organisation, which has a staff of around 800 and a biennial budget of $180 million. - IANS

THE ECONOMIC TIMES Internet Edition can be best viewed using Netscape browser 2.02 and above.
For comments and feedback send email to:

© Bennett, Coleman & Co. Ltd. 1997. Reproduction in whole or in part without written permission is prohibited. To access reprinting rights, please contact Times Syndication Service.