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 />
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