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

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