Interim Agreement with a View to an - Official Documents
Interim Agreement with a View to an - Official Documents Interim Agreement with a View to an - Official Documents
4- Strengthening of regional integration 74 3.8. 3.9. 3.10. 4.1. 4.2. 4.3. 4.4. 4.5. 4.6. Support for the creation of a subcontracting exchange market and a regional economic partnership Support for small and medium-sized enterprises Types of measures to be taken: a. Expertise services – provision of a range of services to help SMEs with marketing, accounting, legal analysis, business plan preparation, access to finance. b. Vocational training c. Facilitating access to credit and improving conditions for SMEs to access credit 1 d. Provision of credit information at regional level 2 e. More flexible lending conditions 3 f. Strengthening the capacity of financial intermediaries in Central Africa 4 g. Analysis of the potential role of the CASDB h. Analysis of the recommendations resulting from the study on financial services in Central Africa. i. Promoting the transition from the informal to the formal economy, in conjunction with the public authorities, for example by means of incentives. Promotion of entrepreneurship among women Development of the regional market (harmonisation of fiscal/customs instruments, strengthening of tax/customs administrations, identifying border security measures) Introduction of Community rules (competition, competitiveness, intellectual property, tackling illegal trade, piracy, public procurement, services, investment) Strengthening the capacity of tax/customs administrations Support for the regional programme for standards and certification Support for the Regional Economic Communities (streamlining and harmonisation of programmes) Support for the free movement of goods, services, capital and persons 1 Useful to create mechanisms which are more likely to provide funds for SMEs in the region, for example by means of loan guarantee funds. Examples are: BEI, BDEAC, etc. Expertise services will be able to help SMEs to prepare their loan documentation. 2 Facilitating access to information for potential creditors in order to reduce the level of bank risk which currently exists. For example: creation of shared databases on client risk. 3 Exploring ways of relaxing lending conditions in order to facilitate access to loans, taking account of the scale of the informal sector of the economy. 4 Improving risk analysis capacity in institutions which may issue loans. Modernisation of and training for credit institutions.
4.7. 4.8. Support for existing and future regional policies a. Regional preference in the EPA, in favour of regional integration b. Support for the introduction of the common commercial policy c. Reduction of non-tariff barriers at regional level, e.g.: introduction of regional health standards (for programming purposes this is dealt with under point 3 below) d. Integration of the DRC and Sao Tomé and Príncipe in the region's commercial integration plan (90 million consumers…) e. Impetus for internal reforms: free circulation / double taxation; transit; rules of origin; compliance with regional provisions on trade. • Example: Support from customs authorities for computerisation and interconnection • Example: Standards and quality programme for the region, including relevant infrastructure (control laboratories, etc.) • Example: Support to administrations for CEMAC/DRC/STP tariff harmonisation • Example: Strengthening the capacity of tax/customs administrations • Example: Support for the Regional Economic Communities • Example: Support in defining and developing a mechanism to solve the problem of double taxation Tax base and regional financial instrument a. Make provision for the creation of a regional financial instrument. Cohesion fund in support of public finances and as a development tool in the least-favoured areas. b. Supporting fiscal reforms (restructuring of the tax base, harmonisation of domestic tax systems, etc.) and strengthening the capacity of tax administrations. c. Continuing the work begun on statistics, particularly in the context of the PAIRAC programme. 5- Improvement 5.1. Support for improving the judicial and legal security of private of the business investments environment and support for businesses 5.2. 5.3. 5.4. Support for improving the Community Investment Charter and sectoral codes Support for setting up guarantee fund and venture capital structures Institutional support for intermediaries in the region Measures in support of intermediaries in the region • Example: support for chambers of commerce • Example: support for professional or employer organisations • Example: support for export promotion agencies – APEX 75
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4- Strengthening<br />
of regional<br />
integration<br />
74<br />
3.8.<br />
3.9.<br />
3.10.<br />
4.1.<br />
4.2.<br />
4.3.<br />
4.4.<br />
4.5.<br />
4.6.<br />
Support for the creation of a subcontracting exch<strong>an</strong>ge market <strong>an</strong>d a<br />
regional economic partnership<br />
Support for small <strong>an</strong>d medium-sized enterprises<br />
Types of measures <strong>to</strong> be taken:<br />
a. Expertise services – provision of a r<strong>an</strong>ge of services <strong>to</strong> help SMEs<br />
<strong>with</strong> marketing, accounting, legal <strong>an</strong>alysis, business pl<strong>an</strong><br />
preparation, access <strong>to</strong> fin<strong>an</strong>ce.<br />
b. Vocational training<br />
c. Facilitating access <strong>to</strong> credit <strong>an</strong>d improving conditions for SMEs <strong>to</strong><br />
access credit 1<br />
d. Provision of credit information at regional level 2<br />
e. More flexible lending conditions 3<br />
f. Strengthening the capacity of fin<strong>an</strong>cial intermediaries in Central<br />
Africa 4<br />
g. Analysis of the potential role of the CASDB<br />
h. Analysis of the recommendations resulting from the study on<br />
fin<strong>an</strong>cial services in Central Africa.<br />
i. Promoting the tr<strong>an</strong>sition from the informal <strong>to</strong> the formal economy,<br />
in conjunction <strong>with</strong> the public authorities, for example by me<strong>an</strong>s of<br />
incentives.<br />
Promotion of entrepreneurship among women<br />
Development of the regional market (harmonisation of fiscal/cus<strong>to</strong>ms<br />
instruments, strengthening of tax/cus<strong>to</strong>ms administrations, identifying<br />
border security measures)<br />
Introduction of Community rules (competition, competitiveness,<br />
intellectual property, tackling illegal trade, piracy, public procurement,<br />
services, investment)<br />
Strengthening the capacity of tax/cus<strong>to</strong>ms administrations<br />
Support for the regional programme for st<strong>an</strong>dards <strong>an</strong>d certification<br />
Support for the Regional Economic Communities (streamlining <strong>an</strong>d<br />
harmonisation of programmes)<br />
Support for the free movement of goods, services, capital <strong>an</strong>d persons<br />
1<br />
Useful <strong>to</strong> create mech<strong>an</strong>isms which are more likely <strong>to</strong> provide funds for SMEs in the region, for example<br />
by me<strong>an</strong>s of lo<strong>an</strong> guar<strong>an</strong>tee funds. Examples are: BEI, BDEAC, etc. Expertise services will be able <strong>to</strong> help<br />
SMEs <strong>to</strong> prepare their lo<strong>an</strong> documentation.<br />
2<br />
Facilitating access <strong>to</strong> information for potential credi<strong>to</strong>rs in order <strong>to</strong> reduce the level of b<strong>an</strong>k risk which<br />
currently exists. For example: creation of shared databases on client risk.<br />
3<br />
Exploring ways of relaxing lending conditions in order <strong>to</strong> facilitate access <strong>to</strong> lo<strong>an</strong>s, taking account of the<br />
scale of the informal sec<strong>to</strong>r of the economy.<br />
4<br />
Improving risk <strong>an</strong>alysis capacity in institutions which may issue lo<strong>an</strong>s. Modernisation of <strong>an</strong>d training for<br />
credit institutions.