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Council Regulation (EC) No 215/2008 of 18 February 2008 on the Financial Regulation applicable to the 10th European Development Fund

article  35

CELEX:  02008R0215-20140530

1. For the purpose of providing financial assistance under this Title, cooperation between the Union, the ACP States and OCTs may take the form, inter alia, of:
(a) triangular arrangements by which the Union coordinates with any third country its assistance to an ACP State, OCTs or region;
(b) administrative cooperation measures such as twinning between the public institutions, local authorities, national public bodies or private law entities entrusted with public service tasks of a Member State or an outermost region, and those of an ACP State or OCTs or their region, as well as cooperation measures involving public-sector experts dispatched from the Member States and their regional and local authorities;
(c) expert facilities for targeted capacity building in the ACP State, OCTs or their region and short term technical assistance and advice to them, as well as support of sustainable centres of knowledge and excellence on governance and reform in the public sector;
(d) contributions to the costs necessary to set up and administer a public-private partnership;
(e) sector policy support programmes, by which the Union provides support to an ACP State's or OCTs' sector programme; or (f) interest rate subsidies in accordance with Article 37.
Council Regulation (EC) No 215/2008 of 18 February 2008 on the Financial Regulation applicable to the 10th European Development Fund

article  35

CELEX:  02008R0215-20140530

2. In addition to the types of financing provided for in Articles 36 to 42, financial assistance may also be provided through the following:
(a) debt relief, under internationally agreed debt relief programmes;
(b) in exceptional cases, sectoral and general import programmes, which may take the form of:
— sectoral import programmes in kind;
— sectoral import programmes providing foreign exchange to finance imports for the sector in question; or — general import programmes providing foreign exchange to finance general imports of a wide range of products.
3. Financial assistance may also be provided through contributions to international, regional or national funds, such as those established or managed by the European Investment Bank, Member States or by ACP States or OCTs and regions or by international organisations, for attracting joint financing from a number of donors, or to funds set up by one or more donors for the purpose of the joint implementation of projects. Reciprocal access by Union financial institutions to financial instruments set up by other organisations shall be promoted, as appropriate.
Council Regulation (EC) No 215/2008 of 18 February 2008 on the Financial Regulation applicable to the 10th European Development Fund

article  35

CELEX:  02008R0215-20140530

4. In implementing its support to transition and reform in ACP States and OCTs, the Union shall draw on and share the experiences of Member States and lessons learned.