Lanka elected to UN Industrial Development Board [December 06 2011]

Sri Lanka has been elected to the United Nations Industrial Development Board, a statement from the External Affairs Ministry said here on Monday.

The election took place at the 14th General Conference of the United Nations Industrial Development Organization (UNIDO).

Sri Lanka was elected by consensus to the UNIDO Industrial Development Board (IDB) for a term of 4 years. Sri Lanka is among 26 countries which were elected to this important forum, the statement said.

The UNIDO Industrial Development Board is a main body of the organization which deals with policy issues in the arena of industrial development, with an authority to make recommendations on the effective implementation of core aspects of its mandate.

The technical cooperation portfolio of the organization currently stands at 186 million U.S. dollars.

External Affair Minister G.L. Peiris welcomed the election of Sri Lanka to the Industrial Development Board. He stressed that this is an important development as Sri Lanka has embarked on a massive economic development program since the end of the three decade conflict in 2009.

-Xinhua