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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 />

The promotion of the programme, the information about the<br />

programme and the support to the elaboration of proposals (the<br />

elaboration can be subject to subsidy as well) is done by<br />

AgentschapNL. This public agency submits the proposals to a<br />

permanent consultant 95 or consortium of consultant for the preappraisal<br />

on the criteria mentioned above. After every ‘round’<br />

the consultant submits the score-lists to AgentschapNL.<br />

AgentschapNL judges whether the proposals with the highest<br />

scores matches all the policies of the Ministry of Foreign Affairs,<br />

Economic Affairs and Finance and may adjust the ranking<br />

accordingly. The final ranking will be submitted to the Ministry of<br />

Foreign Affairs for their consideration for funding.<br />

Table 21.7: Requirements for approval of applications<br />

France: RPE<br />

Special requirements for approval<br />

The loans of the RPE are aimed at financing French goods and<br />

services. The French share of the loan must exceed 70% of<br />

the amount of the loan.<br />

The financing conditions of the loan are negotiated on a case-bycase<br />

basis between the DGTPE and the Ministry for Finance of the<br />

beneficiary country. For example, in 2009 when commercial<br />

interest rates were low, a possible loan could have the following<br />

features: 20 years of maturity, 5 years of grace during which<br />

only the interests are payable, and 1.9% annual interest.<br />

Germany: KfW /<br />

ERP Export Fund<br />

Germany:<br />

Financial<br />

Cooperation<br />

Composite loan<br />

Denmark: Mixed<br />

credit<br />

programme<br />

All loan agreements must adhere to the Helsinki principles and<br />

subsequent OECD Arrangements on Officially Supported Export<br />

Credits. These arrangements also establish the minimum levels of<br />

concessionnality.<br />

Special requirements are in force concerning the various risk<br />

coverage for exports to foreign countries, finance insurance and<br />

others. These should be covered by KfW IPEX-Bank and Euler<br />

Hermes (insurance) and may count with Federal Government<br />

backing in the case of transactions of long duration (over 4<br />

years).<br />

KfW Entwicklungsbank assumes the country risk and is in turn<br />

protected by Hermes coverage or foreign insurer.<br />

The requirements for approval of the Mixed Credit Programme<br />

are that projects should be in Danida Programme Countries and<br />

other relatively creditworthy countries with a GNI per capita of<br />

less than USD 2,964 (2008/09). For both the tied and the untied<br />

mixed credit facility, the administrative focus will be on those<br />

countries where an extensive co-operation already exists<br />

or is anticipated. In general, priority is therefore given to<br />

projects in Danida’s Programme Countries. In these<br />

countries the instrument is actively promoted. In Danida’s<br />

Programme Countries emphasis will be put on relating mixed<br />

credits to Danish-supported sector programmes and development<br />

see<br />

95 Consultant not known yet as per February 2010.<br />

Final report – Appendix 8 – page 159

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