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Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium

Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium

Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium

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FINEXPO EVALUATION<br />

Desarrollo The value of the component of Spanish origin (minimum 15%)<br />

encompasses the transport and insurance costs of exports, if the<br />

exporter is a Spanish company, the costs of credit insurance and<br />

all local costs (max 15% of total value) made by Spanish<br />

exporters or trading companies.<br />

FAD may provide grants and loans for between 35% and 100%.<br />

Spain : CARI<br />

In most cases there is no 100% financing, so the remaining<br />

financing should be on commercial grounds. This commercial<br />

component should be covered by the Spanish export credit<br />

insurance company CESCE for political and commercial risks<br />

against an interest rate used by ICO for its CARI system.<br />

The Spanish origin, or value added of the products or services to<br />

be exported should be proven by certificates.<br />

A cash payment equivalent to at least 15 % of the amount<br />

involved in the goods and services exported is required. Hence,<br />

the credit will finance up to 85 % of the Spanish goods and<br />

services exported (this may include freight, transport insurance<br />

and the insurance premium on the export credit if these services<br />

are provided by a Spanish company). Only the Spanish export<br />

credit insurance company CESCE may provide coverage on the<br />

state’s part and should cover political and extraordinary risks in<br />

non-OECD countries.<br />

Netherlands:<br />

ORET<br />

In compliance to the OECD's new anti-corruption regulations,<br />

a sworn statement will be required as to the non-existence of<br />

illicit payments in the assignment of the export contract.<br />

The ORET eligible sectors 82 were:<br />

<br />

<br />

<br />

<br />

<br />

<br />

Energy and transportation<br />

Environmental protection and waste management<br />

Medical equipment and supplies<br />

Education<br />

Water treatment and sanitation<br />

Agriculture and water conservation.<br />

A special condition was that the projects were not allowed to cause<br />

any damage whatsoever to the environment in the recipient<br />

country.<br />

In order to qualify for a grant, proposals had to meet the following<br />

criteria:<br />

<br />

<br />

Projects must be commercially non-viable, i.e. Financing<br />

on market considerations was not feasible;<br />

Project should tie in with the Dutch development policy<br />

and should not thwart any existing agreement between<br />

see<br />

82 The kind and characteristics if the ORET transactions make it impossible to classify the support to specific sectors. Many<br />

transactions would qualify as multi-sectoral. In 2002 the most important sectors were the environment, construction works,<br />

including dredging, social infrastructure and equipment and transport. In 2004 energy and environment happened to be the<br />

most important sectors, while in 2006 this were social infrastructure and health. Over the period 1999-2007 most ORETprojects<br />

were attending the sectors transport, health, water infrastructure (incl. harbour infrastructure) and drinking water.<br />

Final report – Appendix 8 – page 148

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