Board of directors

Composition

A representative of each of the Member States, generally the Minister in charge of industry
Each state has a deliberative voice
Chaired by a president elected among the representatives for a mandate of a non -renewable year

Chairman in office of the Board of Directors

Nicephore Fylla de (Congo)

Attributions

Supreme decision -making and organizational
Defines the general organization of the organization
Establishes the regulations necessary for the application of the Bangui Agreement
Vote the budget and control its execution
Appoints the managing director
Approves annual accounts and balance sheets
Authorizes the negotiations of agreements with third states or international organizations

Functioning

Meets in ordinary session once a year
Can meet in an extraordinary session in the event of necessity
Decisions are made by simple majority of the members present or represented
The quorum is reached when two -thirds of the Member States are represented

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