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 />
Netherlands:<br />
ORET<br />
Netherlands:<br />
ORIO<br />
<br />
<br />
<br />
Spanish exporters;<br />
Foreign importers;<br />
Financial entities, like commercial banks, development<br />
banks, and saving co-operatives;<br />
Spanish (international) organisations and public<br />
entities.<br />
The system is both a support to suppliers and a support to buyers.<br />
It enables both suppliers of goods and services as well as their<br />
banks to provide suppliers’ credit over a longer period of time. The<br />
following distinction can be made:<br />
Foreign buyer credit: The financial entity grants the credit to the<br />
foreign buyer who thereby becomes a borrower; the supplier or<br />
exporter receives the amount of the credit directly, as payment for<br />
the sale made.<br />
Domestic supplier credit: In this case, it is the exporter who<br />
assumes the role of borrower. The only obligation existing<br />
between the foreign buyer and the supplier or exporter is that<br />
established under the commercial contract.<br />
Credit facility: This is a variation of the buyer credit. The<br />
financial entity places an overall amount from which various<br />
commercial contracts may be financed at the disposal of the<br />
borrower, usually a bank in the buyer country.<br />
Basically a support to suppliers. The financing enables the supplier<br />
to offer goods and services at a lower financial cost to the buyer.<br />
Target groups are the governments (and public entities) of the<br />
recipient country and the Dutch manufacturers and exporters.<br />
The first target group is composed by the governments of eligible<br />
countries. The second target group is composed by –not<br />
necessarily Dutch- enterprises that have distinctive qualities to<br />
contribute to infrastructural development in the eligible countries.<br />
ORIO has a special focus on small and medium enterprises in<br />
developing countries, that can be considered as a third target<br />
group. The benefit to the Dutch manufacturers and exporters is<br />
indirect: specific sectors in an eligible country are chosen in such a<br />
way that Dutch companies may have distinctive qualities and<br />
knowledge. This is enhanced by the ‘right of initiative’ for<br />
companies, although there is no guarantee that good ideas will be<br />
implemented by the companies that proposed them.<br />
Table 21.4: The implementing organisation or agency<br />
see<br />
France: RPE<br />
Germany: KfW /<br />
ERP Export Fund<br />
Germany:<br />
Financial<br />
Cooperation<br />
Composite loan<br />
Germany<br />
Denmark: Mixed<br />
credit<br />
programme<br />
Implementing Agency<br />
The Ministry for the Economy, Industry and Employment<br />
administers two private sector support instruments, of which RPE<br />
is one. The management is the responsibility of the Directorate<br />
General for Treasury and Economic Policy (DGTPE).<br />
The implementing agency is KfW IPEX-Bank GmbH<br />
Within the Federal Government the Ministry for Economic<br />
Cooperation and Development (BMZ) bears the political<br />
responsibility for steering and monitoring the support<br />
programme. The projects are selected in dialogue with the<br />
partners in the developing countries. The financial aspects are<br />
implemented by KfW on behalf of BMZ.<br />
On behalf of the Danish Ministry of Foreign Affairs, the Danish<br />
International Development Agency (DANIDA) administers the<br />
programme.<br />
Final report – Appendix 8 – page 152