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IAEA General Conference Approves Agency Budget, New Board MembersFrom Friday, September 19, 2003 issue.

IAEA General Conference Approves Agency Budget, New Board Members

Delegates at the International Atomic Energy Agency General Conference, ending today in Vienna, approved the agency’s fiscal 2004-2005 budget yesterday and elected new members to the IAEA Board of Governors (see GSN, Sept. 18).

The conference yesterday approved an agency budget of almost $270 million, which the IAEA board had approved this summer.  The budget represents the “first significant increase” in IAEA funding in 15 years, an agency press release said.  The budget also calls for further phased funding increases through 2007 (see GSN, July 21).

Most of the approved budget’s funding will go toward the IAEA’s verification program.  In addition, funding has also been allocated for safety and nuclear science and technology programs (International Atomic Energy Agency release I, Sept. 18).

The conference yesterday also elected 11 new members to the 35-member IAEA board.  The new members are Belgium, Hungary, Italy, Mexico, Nigeria, Pakistan, Peru, Poland, South Korea, Tunisia and Vietnam.  The board is scheduled to meet next week to elect a chairman and vice chairman for the 2003-2004 period (International Atomic Energy Agency release II, Sept. 18).

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