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ANNEX 1. The Commission shall elect an Executive Committee of eighteen members to exercise any or all of its functions as the Commission may determine on electing the Committee. 2. The Commission shall have the following functions : (a) To convoke the first regular session of the Conference of the Organization (hereinafter referred to as " the Conference") not less than four months and, as far as practicable, not more than six months after the receipt of the last acceptance needed to bring the Charter into force ; (b) To submit the provisional agenda for the first regular session of the Conference, together with documents and recommendations relating to all matters upon this agenda, including : (i) Proposals as to the programme and budget for the first year of the Organization ; (ii) Studies regarding selection of headquarters of the Organization; (iii) Draft financial and staff regulations. (c) To prepare, in consultation with the United Nations, a draft agreement of relationship as contemplated in paragraph 1 of Article 86 of the Charter for consideration by the first regular session of the Conference ; (d) To prepare, in consultation with inter-governmental organizations other than the United Nations, for presentation to the first regular session of the Conference, documents and recommendations regarding the implementation of the provisions of paragraphs 1 and 3 of Article 87 of the Charter ; (e) To prepare, in consultation with non-governmental organizations, for presentation to the first regular session of the Conference recommendations regarding the implementation of the provisions of paragraph 2 of Article 87 of the Charter ; (/) To prepare, with a view to recommendation by the Economic and Social Council to the first regular session of the Conference, the Annex referred to in paragraph 3 of Article 90 of the Charter; (g) To carry out the functions and responsibilities referred to in the following documents of the United Nations Conference on Trade and Employment: 1. Paragraph 2 of the Final Act of the United Nations Conference on Trade and Employment (to which the present resolution is annexed). 2. The Resolution of the Conference regarding the relation of the International Trade Organization and the International Court of Justice (annexed to the Final Act). 3. The Resolution of the Conference relating to Economic Development and Reconstruction (annexed to the Final Act). 4. The Report of Sub-committee G of the Third Committee on the Proposal made by the Delegation of Switzerland (E/CONF.2/C.3/78) together with the sections relating to that matter in the Report of the Third Committee (E/CONF.2/70).

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