The Monitoring Group also told the Monitoring Team that type SA 7 man portable air defence systems had been sighted in the Bakaaraha arms market in Mogadishu.

Additionally, the Monitoring Group is convinced that another arms market, located in Yemen, operates in conjunction with the Bakaarah arms market by functioning as a continuing source for the arms routinely received by the Bakaarah arms market.

The information contained in the previous report of the Monitoring Group (S 2004 604) concerning the Bakaarah arms market, and based on the continuing work of the Monitoring Group in connection with the same arms market, it is very clear that arms shipments moving into and through the market are a fundamental source of arms that helps perpetuate and provide fuel for violent clashes and instability in Somalia.

The Notice clearly stated that it is necessary to strengthen price monitoring and early warning and pay close attention to market price dynamics.

Some aspects of the operations of the Bakaaraha arms market were covered in the previous report of the Monitoring Group (S 2004 604).

It is clear what is needed more intrusive monitoring and institutional arrangements for conditional assistance. Moreover, a well organized eurobond market would be desirable.

(a) The increasing complexity of the market and operational environment has made it imperative for investment management organizations to build a strong compliance monitoring capability

The Monitoring and Research Division stated that the 2003 edition sold fewer copies than that of 2001 because it had been on the market only for one year.

In paragraph 277 of its report, the Board recommended that UNDP perform additional trade verification procedures, such as monitoring of credit and market risk limits, independently of the trading function.

The Bakaaraha arms market at Irtogte plays a central role in the arms transactions that were uncovered by the Monitoring Group during the current mandate (see also S 2004 604, para.

During the current mandate, the Monitoring Group investigated violations of the arms embargo in terms of shipments of arms into Somalia that went directly to the intended recipients and shipments of arms that went into and through the Bakaaraha arms market, especially the Irtogte market located in Mogadishu.

As a follow up to the meeting on 4 April 2004 between officials of the United Nations, the Monitoring Group, the Ministry of Defence and Ministry of the Interior and for the purpose of gaining a better understanding of arms control and arms market operating in Yemen, the Monitoring Group asks the following questions

Monitoring

Monitoring

Of the 34 arms shipments identified by the Monitoring Group, 21 transactions were conducted through the Bakaaraha arms market, which reaffirms the central role it plays in the arms trade and in arms embargo violations in Somalia.

Item 4 Market access, market entry and competitiveness

Monitoring of trends and developments in the competition law and policy area at the national and international levels, including the prevalence of anticompetitive practices or concentrated market structures, as well as measures taken by Governments to address these

There is a high demand for its office space and it is constantly monitoring the rental market to ensure that it is able to sublease office space in the shortest possible time frame when current sublease agreements end.

Monitoring activities

Monitoring function

Independent monitoring

Facility monitoring

Monitoring methodology

Environmental monitoring

Continued monitoring

Project monitoring

88. In former paragraph 27C.6 (a), replace monitoring with robust monitoring mechanisms .

(a) Recalling the arms recommendation of the Monitoring Group in its previous report (S 2004 604) and elevating awareness at the international, regional and State levels of the dangerous contributions made by the Bakaarah arms market, including the arms market of the neighbouring Gulf State, to the continued destabilization of Somalia and the borders and arms related internal problems in front line States

Monitoring and assessment

Monitoring and reporting

Monitoring and reporting

Article 10 Monitoring

Monitoring Team activity

Monitoring and research

Monitoring programme progress.

Monitoring and research

Monitoring and evaluation

Implementation and monitoring

Environmental monitoring techniques

Independent monitoring structures

Monitoring Team trips

Monitoring and Evaluation

Monitoring of accounts

Monitoring Team activity

MONITORING and EVALUATION