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The aim of the Programme is to improve the Balance
of Payments of the Egyptian State, to spur distribution and production process
of wealth by local SMEs, in order to create employment and reduce poverty.
Moreover it is aimed at promoting partnerships between Italian and local
enterprises.
The Commodity Aid Porgramme
funds the acquisition of commodities manufactured in Italy by Egyptians
stockholders according to the procedures contained in the Intergovernmental
Agreement between the Egyptian and the Italian Government.
The applicants belonging to the Public Sector
receive the funds as grant, while the applicants belonging to the Private
Sector receive the funds as credit.
The funds received as credit by the
applicants belonging to the Private Sector are
reimbursed to the Egyptian Government and saved in a special bank account, they
originate the fund named Counterpart Fund.
The associations, NGO's and non profit
organization applying to the Counterparts funds receive the funds as grant.
PRIORITIES:
- Agriculture and Irrigation;
- Industry including Tourism;
- Energy;
- Health;
- Environment (eligible costs in the main fund, but
priority only for the Counterpart funds);
- Promotion of the social role of women (eligible costs in the main fund, but
priority only for the Counterpart funds;
- Local costs and items within projects realized on
behalf of the Italian Cooperation (eligible costs in the main fund, but
priority only for the counterpart funds).
For detailed information please go to the
Applicants' Section
and to the Tenderer's
Section in this web site, for further information please contact our office:
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