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Protocols on financial and technical cooperation with Algeria, Egypt, Jordan, Lebanon

Four Council Decisions of 16 March 1992 approve, in the context of the Community's renewed Mediterranean policy, the conclusion of Protocols on financial and technical cooperation between the EEC and, respectively, Algeria, Egypt, Jordan and Lebanon (Decisions 92/206/EEC to 92...
Four Council Decisions of 16 March 1992 approve, in the context of the Community's renewed Mediterranean policy, the conclusion of Protocols on financial and technical cooperation between the EEC and, respectively, Algeria, Egypt, Jordan and Lebanon (Decisions 92/206/EEC to 92/209/EEC inclusive). In each case, the Community shall participate, on the terms set out in the Protocol, in the financing of measures intended to contribute to the economic and social development of the country involved.

The total contribution shall be made up of loans from the European Investment Bank and of grants and contributions to risk capital from the Community's budgetary resources. It shall be used primarily for the financing or part financing of cooperation projects or operations aimed at:
- Developing and diversifying agricultural production;
- Strengthening economic links via cooperation in industry, training and research, technology, commerce and other services;
- Environmental protection.

Each Protocol provides that all natural and legal persons of the signatory country and of the EEC may participate on equal terms in tendering and other procedures for the award of contracts likely to be financed.

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