It included questions on the purpose and scope of the CPC, as well as different options for the CPC aggregation structure.

Table 22.19 Summary of outputs

For example, in commodity dependent and resource strapped Lesotho, remittance receipts represented about 27 per cent of GDP in 2001.

(b) Facilitates pooling of assets and liabilities of group companies and

It also ensured the inclusion of necessary details for implementation in the CPC. Compared with CPC Version 1.1, about 200 new items have been added to CPC Version 2 in the areas of agriculture, forestry, fisheries and food.

In drawing together the results of the study, a number of outputs will be required.

Horticulture contributes 10 per cent of the 25 per cent contribution of agricultural value added to GDP.

Status of the revision process of the Central Product Classification

The OECD region publishes details for only about 15 aggregates of GDP.

Review of the link between the Central Product Classification and the United Nations Standard Product and Services Code

Final draft of the Central Product Classification, Version 2

For example, while it was important to measure raw agricultural products in terms of domestic production, they were not always internationally traded in large amounts.

In total, I found 185 products.

The revised structure of the CPC and the extended recognition of products better reflect the current production patterns and make the revised CPC a better tool for measuring outputs of economic activities in line with concepts in the SNA.

For example, in both England and Australia, mechanisms have been developed that enable a pooling agreement to be sanctioned by the courts, whereby the assets and liabilities of two or more related companies in a group are, in effect, turned into one pool of assets and one pool of liabilities.

Similar to the link between the ISIC and NACE, particular attention has been paid to maintain a strong correlation between the Central Product Classification and the Classification of Products by Activities at the most detailed level, although their aggregation structures differ.

If remittances are measured in terms of their share in the GDP, the largest recipient countries are Tonga, Lesotho and Jordan.

a Commodities indicated altogether accounted for at least 10 per cent of total exports of the countries concerned.

Access is generally duty free for ACP countries.

Such co related financial products could act as mechanisms of vital importance in the promotion of the productive use of remittances in developing countries.

They take real time data and immediately feed it back into the product.

Subtotal

Subtotals

Grand Total

B. Summary

The increases are partly offset by lower net income from the sale of publications, statistical and population products and gift and news stand items at Headquarters.

The Commission is requested to review the draft and approve that structure as the recommended international product classification standard.

Annexes A. Summary statement

A. Summary of resources

You know that General Haynesworth always reads the product group reports.

In 1963, the country exported goods worth less than 600 million at today s prices, mostly primary products such as seafood and silk. Fifty years later, it exports goods worth almost 600 billion, mostly electronics, machinery, transportation equipment, and chemical products.

They offered the opportunity to provide updated information on CPC changes to countries and to seek feedback from countries on their experiences with the CPC or other product classifications.

A comparison of the detail provided in the UNSPC and CPC makes the UNSPSC appear much more detailed.

Annexes I. Disposition of the assets of the United Nations Operation in Somalia summary statement

and fully seasoned, ready to cook marinated catfish fillets. The United States is also the main producing country of surimi, a fish paste, formed into fish and non fish products, and it supplies more than half of the world total.

Most of the proposals had been reviewed in other forums, such as the Voorburg Group on Service Statistics, before being incorporated in the CPC draft and reviewed by countries in the full CPC context.

Summary of requirements for the programme

By income distribution at the international level we mean the way in which the overall product (the sum of physical production, services and trade) is distributed between the countries of a region or a group of selected countries.

Since the CPC has been revised at shorter intervals than the ISIC, it was expected that the revision of the CPC would be much less extensive than the revision of the ISIC.

This joint presentation of ISIC and CPC issues should also foster the combined use of the ISIC and the CPC for statistical purposes.

For example, in trade policy, when a low uniform tariff rate is applied to all products, any extra amount spent on luxury goods deprives the industrial sector of scarce foreign exchange.

Between 1985 and 1996, the basket of goods exported increased markedly, and there was a clear switch in exports from commodity based products to products with high added value.

Table 4 Summary of 2006 2007 Total Budget Volume

Amended Matrix

C. Summary of proposals