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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 />

ORIO<br />

MILIEV. The budget was reduced in 2002 following the exclusion<br />

of LDCs from the programme 94 . Since 2002 the budget<br />

allocation was more or less fixed at €104 million per annum,<br />

being approximately 135% of the real expenditures that<br />

fluctuated between € 60 and 90 M between 2002 and 2006.<br />

Expenditures became much higher when it became known that<br />

the programme would close and new commitments tripled. The<br />

budgets for 2007 (€ 119 M), 2008 (€ 218 M) and 2009 (€ 194<br />

M) reveal these new commitments.<br />

ORIO has started in 2009 and only some pilots have started. For<br />

the period 2009-2011 € 120 million will be made available for<br />

commitments, while after 2010 it is expected that this may<br />

imply real expenditure in the magnitude of € 90 million per year,<br />

approximately equal to the ORET programme between 2002 and<br />

2006.<br />

Table 21.6: The process of identification, application procedure and approval<br />

France: RPE<br />

Identification, application and approval - process<br />

The activity or project is identified by French companies. They<br />

submit the proposal to the Directorate General for Treasury and<br />

Economic Policy General Directorate (DGTPE) of the Ministry for<br />

the Economy, Industry and Employment.<br />

In order to obtain the financial support, an intergovernmental<br />

protocol with the authorities of the beneficiary country has to<br />

signed, for a particular project. A framework convention with the<br />

borrowing country can act as an umbrella for various individual<br />

loans.<br />

The projects are appraised on a case by case basis.<br />

Germany: KfW /<br />

ERP Export Fund<br />

Once approved and the protocol in place, the Natexis Banques<br />

Populaires acts on behalf of the French State in the<br />

administration of the financial transactions.<br />

Either private companies can apply, or banks of the contracting<br />

party can apply for credit. These applications are submitted to<br />

KfW IPEX-Bank as early as possible (prior to conclusion of an<br />

export contract), with no specific form required. However, the<br />

application should indicate:<br />

<br />

<br />

<br />

<br />

The particulars of the envisaged export transaction;<br />

Copy of the provisional Euler Hermes insurance<br />

coverage note;<br />

The exporter's current annual statements of account<br />

or annual reports;<br />

Information about the foreign borrower (buyer/bank)<br />

and guarantor, if any, incl. its annual statements of<br />

see<br />

94 OECD Member States decided on the 1 st of January 2002 that tied aid was no longer allowed for LDCs. Since the<br />

ORET/MILIEV programme was closed to LDCs 2002, it received less application from Dutch companies. In consequence, few<br />

projects were approved and the available budget was no longer exhausted. The total disbursement diminished from € 95 million<br />

in 2000 to € 74 million in 2003. Contrary to what was expected, the new LDC Infrastructure Fund, established to compensate<br />

for the change in policy, did not compensate for the difference since this programme had different features (mainly investment<br />

and not export) and was open to a limited number of countries only.<br />

Final report – Appendix 8 – page 155

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