Since the last meeting of IAIN Officers, the principal item on the ICAO Agenda has been the 36th (triennial) Assembly of Member States, Montreal 18-28th September 2007. The Assembly sets the work program, and agrees the budget for ICAO for the next 3 to 6 years. With the decline in the value of the US dollar, and increasing demands made on the Organization in the fields of Air Safety, Aviation Security, and Environmental Protection, ICAO has been facing a severe budget challenge. This is being met by internal reorganization, and refocus of resources to priority action programs against deliverables and performance standards, with reduced emphasis on the more traditional industry standard setting role.