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Council Decision of 22 December 2000 replacing the Decision of 4 April 1978 on the application of certain guidelines in the field of officially supported export credits (2001/76/EC) (repealed)

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  1. Introductory Text

  2. Article 1.. . . . . . . . . ....

  3. Article 2.. . . . . . . . . ....

  4. Article 3.. . . . . . . . . ....

    1. ANNEX

      (TRANSLATION)

      1. INTRODUCTION

        1. Purpose and Application

        2. Best Endeavours

        3. Status

      2. CHAPTER I SCOPE OF THE ARRANGEMENT

        1. 1. PARTICIPATION

        2. 2. SCOPE OF APPLICATION

        3. 3. SPECIAL SECTORAL APPLICATIONS AND EXCLUSIONS

          1. (a) Ships

          2. (b) Nuclear Power Plant

          3. (c) Aircraft

          4. (d) Exclusions

        4. 4. REVIEW

        5. 5. WITHDRAWAL

        6. 6. MONITORING

      3. CHAPTER II PROVISIONS FOR EXPORT CREDITS

        1. 7. CASH PAYMENTS

        2. 8. REPAYMENT TERMS

        3. 9. STARTING POINT OF CREDIT

        4. 10. MAXIMUM REPAYMENT TERM

        5. 11. SPECIAL TERMS FOR POWER PLANT OTHER THAN NUCLEAR POWER PLANT...

        6. 12. CLASSIFICATION OF COUNTRIES FOR MAXIMUM REPAYMENT TERMS

        7. 13. REPAYMENT OF PRINCIPAL

        8. 14. PAYMENT OF INTEREST

        9. 15. MINIMUM INTEREST RATES

        10. 16. CONSTRUCTION OF CIRRs

        11. 17. APPLICATION OF CIRRs

        12. 18. COSMETIC INTEREST RATES

        13. 19. OFFICIAL SUPPORT FOR COSMETIC INTEREST RATES

        14. 20. MINIMUM PREMIUM

        15. 21. COUNTRY RISK CLASSIFICATION METHODOLOGY

        16. 22. MINIMUM PREMIUM BENCHMARKS

        17. 23. RELATED CONDITIONS

        18. 24. PREMIUM FEEDBACK TOOLS

        19. 25. LOCAL COSTS

        20. 26. VALIDITY PERIOD FOR EXPORT CREDITS

        21. 27. NO DEROGATION ENGAGEMENT FOR EXPORT CREDITS

        22. 28. ACTION TO AVOID OR MINIMISE LOSSES

        23. 29. MATCHING

      4. CHAPTER III PROVISIONS FOR TRADE-RELATED AID

        1. 30. GENERAL PRINCIPLES FOR TIED AID

        2. 31. DEFINITION OF TIED AID

        3. 32. FORMS OF TIED AID

        4. 33. ASSOCIATED FINANCING

        5. 34. COUNTRY ELIGIBILITY FOR TIED AID

        6. 35. PROJECT ELIGIBILITY FOR TIED AID

        7. 36. EXEMPTIONS FROM ELIGIBILITY RULES

        8. 37. DEFINITION OF CONCESSIONALITY LEVEL OF TIED AID

        9. 38. CALCULATION OF CONCESSIONALITY LEVEL OF TIED AID

        10. 39. VALIDITY PERIOD FOR TIED AID

        11. 40. NO DEROGATION ENGAGEMENT FOR TIED AID

        12. 41. MATCHING

      5. CHAPTER IV PROCEDURES

        1. Section 1: Common provisions for export credits and trade-related aid

          1. 42. COMMITMENT

          2. 43. FIRM UNDERTAKING

          3. 44. PERIOD FOR REPLIES

          4. 45. STANDARD FORM FOR ALL NOTIFICATIONS

          5. 46. INFORMATION ON OFFICIAL SUPPORT

        2. Section 2: Notification procedures for export credits

          1. 47. DEROGATIONS: PRIOR NOTIFICATION WITH DISCUSSION

          2. 48. PERMITTED EXCEPTIONS: PRIOR NOTIFICATION WITH DISCUSSION

          3. 49. PERMITTED EXCEPTIONS: PRIOR NOTIFICATION WITHOUT DISCUSSION

          4. 50. MATCHING OF DEROGATIONS

          5. 51. MATCHING OF PERMITTED EXCEPTIONS

          6. 52. MATCHING OF NON-CONFORMING TERMS AND CONDITIONS NOT NOTIFIED

          7. 53. MATCHING OF TERMS AND CONDITIONS OFFERED BY A NON-PARTICIPANT

        3. Section 3: Notification procedures for trade-related aid

          1. 54. DEROGATIONS: PRIOR NOTIFICATION WITH DISCUSSION

          2. 55. PRIOR NOTIFICATION

          3. 56. PROMPT NOTIFICATION

          4. 57. EXEMPTIONS FOR UNTIED AID

          5. 58. EXEMPTIONS FOR TECHNICAL ASSISTANCE AND SMALL PROJECTS

          6. 59. TYING STATUS OF AID

          7. 60. MATCHING OF PRIOR NOTIFICATIONS

          8. 61. MATCHING OF PROMPT NOTIFICATIONS

        4. Section 4: Consultation procedures for trade-related aid

          1. 62. PURPOSE OF CONSULTATIONS

          2. 63. SCOPE AND TIMING OF CONSULTATIONS

          3. 64. CONSULTATION PROCEDURES FOR LARGE PROJECTS

          4. 65. OUTCOME OF CONSULTATIONS

        5. Section 5: Information exchange procedures for export credits and trade-related aid

          1. 66. CONTACT POINTS

          2. 67. SCOPE OF ENQUIRIES

          3. 68. SCOPE OF RESPONSES

          4. 69. FACE-TO-FACE CONSULTATIONS

          5. 70. COMMON LINES

          6. 71. PROCEDURES AND FORMAT OF COMMON LINES

          7. 72. RESPONSES TO COMMON LINE PROPOSALS

          8. 73. ACCEPTANCE OF COMMON LINES

          9. 74. DISAGREEMENT ON COMMON LINES

          10. 75. EFFECTIVE DATE OF COMMON LINE

          11. 76. VALIDITY OF COMMON LINES

          12. 77. DEVIATION FROM A COMMON LINE

        6. Section 6: Operational provisions for the communication of minimum interest rates (CIRRs)

          1. 78. COMMUNICATION OF MINIMUM INTEREST RATES

          2. 79. EFFECTIVE DATE FOR APPLICATION OF INTEREST RATES

          3. 80. IMMEDIATE CHANGES IN INTEREST RATES

        7. Section 7: Operational provisions for the exchange of information for premium

          1. 81. ELECTRONIC EXCHANGE OF INFORMATION FOR PREMIUM (EEI)

        8. Section 8: Reviews

          1. 82. ANNUAL REVIEW

          2. 83. REVIEW OF MINIMUM INTEREST RATES

          3. 84. REVIEW OF MINIMUM PREMIUM BENCHMARKS AND RELATED ISSUES

      6. CHAPTER V FUTURE WORK

        1. 85. GLOBAL UNTYING

        2. 86. MARKET WINDOWS

        3. 87. SECTORS

        4. 88. DIFFERENCES OF INTERPRETATION

    2. ANNEX I

      SECTOR UNDERSTANDING ON EXPORT CREDITS FOR SHIPS

      1. CHAPTER I SCOPE OF THE SECTOR UNDERSTANDING

        1. 1. Participation

        2. 2. Scope of application

      2. CHAPTER II PROVISIONS FOR EXPORT CREDITS AND TIED AID

        1. 3. Maximum repayment term

        2. 4. Cash payments

        3. 5. Repayment of principal

        4. 6. Minimum premium

        5. 7. Aid

      3. CHAPTER III PROCEDURES

        1. 8. Notification

        2. 9. Review

      4. Attachment

        1. COMMITMENTS FOR FUTURE WORK

    3. ANNEX II

      SECTOR UNDERSTANDING ON EXPORT CREDITS FOR NUCLEAR POWER PLANT

      1. CHAPTER I SCOPE OF THE SECTOR UNDERSTANDING

        1. 1. Scope of Application

        2. 2. Review

      2. CHAPTER II PROVISIONS FOR EXPORT CREDITS AND TIED AID

        1. 3. Maximum Repayment Term

        2. 4. Minimum Interest Rates

        3. 5. Construction of SCIRRs

        4. 6. Local Costs and Capitalisation of Interest

        5. 7. Official Support for Nuclear Fuel

        6. 8. Aid

      3. CHAPTER III PROCEDURES

        1. 9. Prior Consultation

        2. 10. Prior Notification

    4. ANNEX III

      SECTOR UNDERSTANDING ON EXPORT CREDITS FOR CIVIL AIRCRAFT

      1. PART 1 NEW LARGE AIRCRAFT AND ENGINES FOR SUCH AIRCRAFT

        1. CHAPTER I SCOPE

          1. 1. Form and Scope of Application

          2. 2. Objective

        2. CHAPTER II PROVISIONS FOR EXPORT CREDITS AND AID

          1. 3. Cash Payments

          2. 4. Maximum Repayment Term

          3. 5. Eligible Currencies

          4. 6. Minimum Interest Rates

          5. 7. Interest Rate Adjustments

          6. 8. Validity Period for Export Credits/Interest Rate Offers

          7. 9. Determination of Interest Rate Offers and Selection of Interest Rates...

          8. 10. Pure Cover Support

          9. 11. Competition Reference Point

          10. 12. Security for the Repayment Risk

          11. 13. Model Changes

          12. 14. Leases

          13. 15. Aid

        3. CHAPTER III PROCEDURES

          1. 16. Prior Notification, Matching and Information Exchange

          2. 17. Review

      2. PART 2 ALL NEW AIRCRAFT EXCEPT LARGE AIRCRAFT

        1. CHAPTER IV SCOPE

          1. 18. Form and Scope of Application

          2. 19. Best Endeavours

          3. 20. Categories of Aircraft

        2. CHAPTER V PROVISIONS FOR EXPORT CREDITS AND AID

          1. 21. Maximum Repayment Term

          2. 22. Minimum Interest Rates

          3. 23. Insurance Premium and Guarantee Fees

          4. 24. Aid

        3. CHAPTER VI PROCEDURES

          1. 25. Prior Notification, Matching and Information Exchange

          2. 26. Review

      3. PART 3 USED AIRCRAFT, SPARE ENGINES, SPARE PARTS, MAINTENANCE AND SERVICE CONTRACTS

        1. CHAPTER VII SCOPE

          1. 27. Form and Scope of Application

          2. 28. Used aircraft

          3. 29. Spare Engines and Spare Parts

          4. 30. Maintenance and Service Contracts

        2. CHAPTER VIII PROCEDURES

          1. 31. Prior Notification, Matching and Information Exchange

          2. 32. Review

      4. Appendix

        ILLUSTRATIVE LIST

        1. . . . . . . . . . ....

        2. Large civil aircraft

        3. Category A aircraft

        4. Category B aircraft

    5. ANNEX IV

      STANDARD FORM FOR NOTIFICATIONS

      1. . . . . . . . . . ....

      2. . . . . . . . . . ....

    6. ANNEX V

      STANDARD FORM FOR NOTIFICATION OF PERMITTED EXCEPTIONS FROM MINIMUM PREMIUM BENCHMARKS

      1. . . . . . . . . . ....

      2. . . . . . . . . . ....

    7. ANNEX VI

      CHECKLIST OF DEVELOPMENTAL QUALITY

      1. . . . . . . . . . ....

      2. . . . . . . . . . ....

      3. Consistency of the project with the recipient country's overall investment...

      4. Project preparation and appraisal

      5. Procurement procedures

    8. ANNEX VII

      ELECTRONIC EXCHANGE OF INFORMATION (EEI)

      1. 1. The EEI shall include the following items:

      2. . . . . . . . . . ....

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