Regulation (EU) No 1233/2011 of the European Parliament and of the Council of 16 ... (32011R1233)
INHALT
Regulation (EU) No 1233/2011 of the European Parliament and of the Council of 16 November 2011 on the application of certain guidelines in the field of officially supported export credits and repealing Council Decisions 2001/76/EC and 2001/77/EC
- REGULATION (EU) No 1233/2011 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
- of 16 November 2011
- on the application of certain guidelines in the field of officially supported export credits and repealing Council Decisions 2001/76/EC and 2001/77/EC
- Article 1
- Application of the Arrangement
- Article 2
- Delegation of power
- Article 3
- Exercise of the delegation
- Article 4
- Urgency procedure
- Article 5
- Transparency and reporting
- Article 6
- Repeal
- Article 7
- Entry into force
- ANNEX I
- ANNEX II
- ARRANGEMENT ON OFFICIALLY SUPPORTED EXPORT CREDITS
- CHAPTER I
- GENERAL PROVISIONS
- 1.
- Purpose
- 2.
- Status
- 3.
- Participation
- 4.
- Information available to non-participants
- 5.
- Scope of application
- 6.
- Sector understandings
- 7.
- Project finance
- 8.
- Withdrawal
- 9.
- Monitoring
- CHAPTER II
- FINANCIAL TERMS AND CONDITIONS FOR EXPORT CREDITS
- 10.
- Down payment, maximum official support and local costs
- 11.
- Classification of countries for maximum repayment terms
- 12.
- Maximum repayment terms
- 13.
- Repayment terms for non-nuclear power plant
- 14.
- Repayment of principal and payment of interest
- 15.
- Interest rates, premium rates and other fees
- 16.
- Validity period for export credits
- 17.
- Action to avoid or minimise losses
- 18.
- Matching
- 19.
- Minimum fixed interest rates under official financing support
- 20.
- Construction of CIRRs
- 21.
- Validity of CIRRs
- 22.
- Application of CIRRs
- 23.
- Premium for credit risk
- 24.
- Minimum premium rates for country and sovereign credit risk
- 25.
- Country risk classification
- 26.
- Classification of multilateral and regional institutions
- 27.
- Percentage and quality of official export credit cover
- 28.
- Exclusion of selected country risk elements and country risk mitigation techniques
- 29.
- Review of the validity of the minimum premium rates for country and sovereign credit risk
- CHAPTER III
- PROVISIONS FOR TIED AID
- 30.
- General principles
- 31.
- Forms of tied aid
- 32.
- Associated financing
- 33.
- Country eligibility for tied aid
- 34.
- Project eligibility
- 35.
- Minimum concessionality level
- 36.
- Exemptions from country or project eligibility for tied aid
- 37.
- Calculation of concessionality level of tied aid
- 38.
- Validity period for tied aid
- 39.
- Matching
- CHAPTER IV
- PROCEDURES
- Section 1:
- Common procedures for export credits and trade-related aid
- 40.
- Notifications
- 41.
- Information on official support
- 42.
- Procedures for matching
- 43.
- Special consultations
- Section 2:
- Procedures for export credits
- 44.
- Prior notification with discussion
- 45.
- Prior notification without discussion
- Section 3:
- Procedures for trade-related aid
- 46.
- Prior notification
- 47.
- Prompt notification
- Section 4:
- Consultation procedures for tied aid
- 48.
- Purpose of consultations
- 49.
- Scope and timing of consultations
- 50.
- Outcome of consultations
- Section 5:
- Information exchange for export credits and trade-related aid
- 51.
- Contact points
- 52.
- Scope of enquiries
- 53.
- Scope of responses
- 54.
- Face-to-face consultations
- 55.
- Procedures and format of common lines
- 56.
- Responses to common line proposals
- 57.
- Acceptance of common lines
- 58.
- Disagreement on common lines
- 59.
- Effective date of common line
- 60.
- Validity of common lines
- Section 6:
- Operational provisions for the communication of minimum interest rates (CIRRs)
- 61.
- Communication of minimum interest rates
- 62.
- Effective date for application of interest rates
- 63.
- Immediate changes in interest rates
- Section 7:
- Reviews
- 64.
- Regular review of the arrangement
- 65.
- Review of minimum interest rates
- 66.
- Review of minimum premium rates and related issues
- ANNEX I
- SECTOR UNDERSTANDING ON EXPORT CREDITS FOR SHIPS
- CHAPTER I
- SCOPE OF THE SECTOR UNDERSTANDING
- 1.
- Participation
- 2.
- Scope of application
- CHAPTER II
- PROVISIONS FOR EXPORT CREDITS AND TIED AID
- 3.
- Maximum repayment term
- 4.
- Cash payment
- 5.
- Repayment of principal
- 6.
- Minimum premium
- 7.
- Aid
- CHAPTER III
- PROCEDURES
- 8.
- Notification
- 9.
- Review
- Attachment
- COMMITMENTS FOR FUTURE WORK
- ANNEX II
- SECTOR UNDERSTANDING ON EXPORT CREDITS FOR NUCLEAR POWER PLANT
- CHAPTER I
- SCOPE OF THE SECTOR UNDERSTANDING
- 1.
- Scope of application
- 2.
- Review
- CHAPTER II
- PROVISIONS FOR EXPORT CREDITS AND TIED AID
- 3.
- Maximum repayment term
- 4.
- Repayment of principal and payment of interest
- 5.
- Minimum interest rates
- 6.
- Construction of SCIRRS
- 7.
- Local costs and capitalisation of interest
- 8.
- Official support for nuclear fuel
- 9.
- Aid
- CHAPTER III
- PROCEDURES
- 10.
- Prior consultation
- 11.
- Prior notification
- ANNEX III
- SECTOR UNDERSTANDING ON EXPORT CREDITS FOR CIVIL AIRCRAFT
- PART 1
- NEW LARGE AIRCRAFT AND ENGINES FOR SUCH AIRCRAFT
- CHAPTER I
- SCOPE
- 1.
- Form and Scope of Application
- 2.
- Objective
- CHAPTER II
- PROVISIONS FOR EXPORT CREDITS AND AID
- 3.
- Down Payment
- 4.
- Maximum Repayment Term
- 5.
- Eligible Currencies
- 6.
- Repayment of Principal
- 7.
- Payment of Interest
- 8.
- Minimum Interest Rates
- 9.
- Interest Rate Adjustments
- 10.
- Validity Period for Export Credits/Interest Rate Offers
- 11.
- Determination of Interest Rate Offers and Selection of Interest Rates
- 12.
- Pure Cover Support
- 13.
- Competition Reference Point
- 14.
- Security for the Repayment Risk
- 15.
- Model Changes
- 16.
- Leases
- 17.
- Aid
- CHAPTER III
- PROCEDURES
- 18.
- Prior Notification, Matching and Information Exchange
- 19.
- Review
- PART 2
- ALL NEW AIRCRAFT EXCEPT LARGE AIRCRAFT
- CHAPTER IV
- SCOPE
- 20.
- Form and Scope of Application
- 21.
- Best Endeavours
- 22.
- Categories Of Aircraft
- CHAPTER V
- PROVISIONS FOR EXPORT CREDITS AND AID
- 23.
- Maximum Repayment Term
- 24.
- Repayment of Principal
- 25.
- Payment of Interest
- 26.
- Minimum Interest Rates
- 27.
- Insurance Premium and Guarantee Fees
- 28.
- Aid
- CHAPTER VI
- PROCEDURES
- 29.
- Prior Notification, Matching and Information Exchange
- 30.
- Review
- PART 3
- USED AIRCRAFT, SPARE ENGINES, SPARE PARTS, MAINTENANCE AND SERVICE CONTRACTS
- CHAPTER VII
- SCOPE
- 31.
- Form and Scope of Application
- 32.
- Used Aircraft
- 33.
- Spare Engines and Spare Parts
- 34.
- Maintenance and Service Contracts
- CHAPTER VIII
- PROCEDURES
- 35.
- Prior Notification, Matching and Information Exchange
- 36.
- Review
- Appendix I
- ILLUSTRATIVE LIST
- LARGE CIVIL AIRCRAFT
- CATEGORY A AIRCRAFT
- CATEGORY B AIRCRAFT
- ANNEX IV
- SECTOR UNDERSTANDING ON EXPORT CREDITS, RENEWABLE ENERGIES AND WATER PROJECTS, IN FORCE FOR A TRIAL PERIOD UNTIL 30 JUNE 2007
- CHAPTER I
- GENERAL PROVISIONS
- 1.
- Scope of application
- CHAPTER II
- FINANCIAL TERMS AND CONDITIONS FOR EXPORT CREDITS
- 2.
- Maximum repayment terms
- 3.
- Repayment of principal and payment of interest
- 4.
- Minimum fixed interest rates under official financing support
- 5.
- Construction of SCIRRS
- CHAPTER III
- PROCEDURES
- 6.
- Prior notification without discussion
- CHAPTER IV
- REVIEW
- 7.
- Trial period and monitoring
- Appendix 1
- ELIGIBLE SECTORS
- ANNEX V
- INFORMATION TO BE PROVIDED FOR NOTIFICATIONS
- I.
- INFORMATION TO BE PROVIDED FOR ALL NOTIFICATIONS
- a) Basic Information
- b) Buyer/Borrower/Guarantor Information
- c) Information on Goods and/or Services Being Exported and the Project
- d) Financial Terms and Conditions of the Official Export Credit Support
- II.
- ADDITIONAL INFORMATION TO BE PROVIDED, AS APPROPRIATE, FOR NOTIFICATIONS MADE IN RELATION TO SPECIFIC PROVISIONS
- a) Arrangement, Article 14 d) 5)
- b) Arrangement, Articles 24 and 28
- c) Arrangement, Article 24 e), first tiret
- d) Arrangement, Article 28
- e) Arrangement, Articles 46 and 47
- f) Annex II, Article 10
- g) Annex IV, Article 6
- h) Annex X, Article 5
- i) Annex X, Article 5, for projects in High Income OECD Countries
- ANNEX VI
- CALCULATION OF THE MINIMUM PREMIUM RATES
- ANNEX VII
- CRITERIA AND CONDITIONS GOVERNING THE APPLICATION OF COUNTRY RISK CLASSIFICATION REFLECTING A THIRD COUNTRY GUARANTOR OR A MULTILATERAL OR REGIONAL INSTITUTION
- PURPOSE
- APPLICATION
- Country Risk Classification Reflecting a Third Country Guarantor
- Case 1: Guarantee for the Total Amount at Risk
- Case 2: Guarantee Limited in Amount
- Country Risk Classification Reflecting a Multilateral or Regional Institution
- Case 1: Guarantee for the Total Amount at Risk
- Case 2: Guarantee Limited in Amount
- Case 3: Multilateral or Regional Institution as the Borrower
- ANNEX VIII
- CRITERIA AND CONDITIONS GOVERNING THE APPLICATION OF COUNTRY RISK MITIGATION/EXCLUSION IN CALCULATING THE MINIMUM PREMIUM RATES
- PURPOSE
- GENERAL APPLICATION
- SPECIFIC APPLICATION
- 1. Offshore Future Flow Structure Combined with Offshore Escrow Account
- 2. Offshore Hard Security
- 3. Offshore Asset-Based Security
- 4. Offshore Asset-Secured and Asset-Based Financing
- 5. Co-Financing with International Financial Institutions (IFIs)
- 6. Local Currency Financing
- 7. Third Country Insurance or Conditional Guarantee
- 8. Debtor Representing a Better Risk than the Sovereign
- ANNEX IX
- CHECKLIST OF DEVELOPMENTAL QUALITY
- CHECKLIST OF DEVELOPMENTAL QUALITY OF AID-FINANCED PROJECTS
- CONSISTENCY OF THE PROJECT WITH THE RECIPIENT COUNTRY’S OVERALL INVESTMENT PRIORITIES (PROJECT SELECTION)
- PROJECT PREPARATION AND APPRAISAL
- PROCUREMENT PROCEDURES
- ANNEX X
- TERMS AND CONDITIONS APPLICABLE TO PROJECT FINANCE TRANSACTIONS
- CHAPTER I
- GENERAL PROVISIONS
- 1.
- Scope of application
- CHAPTER II
- FINANCIAL TERMS AND CONDITIONS
- 2.
- Maximum repayment terms
- 3.
- Repayment of principal and payment of interest
- 4.
- Minimum fixed interest rates
- CHAPTER III
- PROCEDURES
- 5.
- Prior notification for project finance transactions
- Appendix 1
- ELIGIBILITY CRITERIA FOR PROJECT FINANCE TRANSACTIONS
- I.
- Basic criteria
- II.
- Additional criteria for project finance transactions in high income OECD countries
- ANNEX XI
- LIST OF DEFINITIONS
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