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 />
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