ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(82)89
Vol.1982/0032

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COMMISSION OFTHEEUROPEANCOMMUNITIES
COM (82)89final .
Brussels ,3March 1982
COMMISSION REPORT TOTHE COUNCIL
ontheadministration offinancial andtechnical cooperation
in1980
pursuant toDecision 76/568/EEC ontheassociation ofoverseas
countries and territories
/•V
{ -J -•-, CT^P
•••••^£3>m"v, \ . AS-/
C0M(82 )89final .

- -
This Commission report ontheadministration offinancial andtechnical
cooperation intheoverseas countries andterritories (OCT)associated
with theCommunity hasbeen drawn uppursuant toArticle 29ofCouncil
Decision 76/568/EEContheassociation ofthose countries andterritories .
Thesections ofthereport which concern theEuropean Investment Bank (EIB)
have been drawn upbytheBank .
This isthethird report since theentry into force ofDecision 76/568 ;
thetwoprevious reports covered theyears 1976-78 and1979 respectively .
This report ,which relates to1980 ,isalso thefinal report regarding
theperiod covered byDecision 76/568 ,since anewDecision onthe
association oftheOCT ,adopted bytheCouncil on16December 1980 ^,
entered into force on 1January 1981 .Besides covering developments in
1980 ,thereport seeks toreview ,atleast provisionally ,theapplication
oftheDecision throughout theperiod inquestion .
Thepolitical motivation oftheDecision of29June 1976 issimilar tothat
oftheLome Convention .Indeed ,thepreamble totheDecision makes
specific reference totheConvention andincorporates thesubstance of
theConvention 'smajor recital instating that theprovisions adopted seek
toestablish "anewmodel forrelations between developed anddeveloping
regions ,compatible with theaspirations oftheinternational community
towards amore just andmore balanced economic order ".
Likewise ,themain titles oftheLome Convention relating totrade
cooperation ,Stabex ,industrial cooperation andfinancial andtechnical
cooperation areanalogous interms ofcontent .Thesymmetry extends to
thechoice ofmethod offinancing theprojects andprogrammes ,which is
determined jointly bytheCommunity andtheACPStates (Article 43of
Lome I)orbytheCommunity andthecompetent authorities oftheoverseas
countries andterritories (Article 31oftheCouncil Decision ).
Decisión 80/1186 /EEC-OJNoL361 ,31.12.1980 .

-2-
There is,however ,dejure aswell asdefacto ,agreat difference
between the Lome Convention and the Decision onthe association ofthe
OCT .TheConvention establishes acontractual link between theCommunity
itsMember States andindividual sovereign states andhas itsown
institutional structure ,whereas theassociation oftheoverseas countries
andterritories falls exclusively within thescope oftheinstitutions
oftheCommunity itself .
Thefive-year period 1976-80 wasmarked byrapid political change ona
substantial scale (involving athird oftheOCT).TheNetherlands ,
Franch andBritish countries andterritories (orgroups ofcountries and
territories :e.g. theAssociated States intheCaribbean ),which
totalled 27in1976 ,numbered nomore than eighteen attheendof1980 .
With theexception ofonecase where thechange involved integration with
theparent state (St.Pierre andMiquelon becoming aFrench department ),
themajority ofthecountries andterritories inquestion gained
independence andsubsequently acceded totheLome Convention .
These countries were ^:
Suriname :
Djibouti (formerly theterritory oftheAfars andIssas );
theComoros (except Mayotte ,which isaterritorial collectivity
oftheFrench Republic );
certain Caribbean associated states :Dommica ,Saint Lucia ,
Saint Vincent and theGrenadines ;
Gilbert Islands ,which became Kiribati ;
Solomon Islands ;
Seychelles ;
Tuvalu ;
Vanuatu (formerly theAnglo-French condominium oftheNew
Hebrides ).
Belize ,which became independent on21September 1981 ,hasapplies for
accession tothe Second Lome Convention .

-3-
This change intheinternational status ofalarge number ofOCThas
meant acorresponding adjustment oftheoverall amount ofaid ,which was
initially setat160million ECU (150million from theEDFand 10million
from theEIB'sownresources ).This figure waseventually reduced to
95064500ECU (slightly over 85million from theEDFand 10million from
theEIB ).
Theitemized breakdown oftheallocation (initial andfinal )isasfollows :
INITIAL ALLOCATION FINAL ALLOCATION
(Art .30ofDecision (Decision 80/160/EEC)
76/568/EEC )
(million ECU ) (ECU )
Programmable grants 65 28137 500
Special loans 40 23915 000
Risk capital 5 2000 000
Reserve 20 11012 000
Stabex 20 20000 000
EIB (own
resources ) 10 10000 000
160 95064 500
With regard totheFrench overseas departments ,thepreamble tothe
Decision stipulated that theextension oftheEuropean Agricultural
Guidance andGuarantee Fund (EAGGF )tocover these departments would
necessitate certain adjustments inthedistribution offinancial aid .
Inother words ,thelogical consequence ofgradually integrating these
departments within thebody oftheCommunity would betoremove them from
thesphere ofapplication oftheOCTDecision .This development has
nowoccurred since there isnomention oftheoverseas departments in
thenewDecision ontheassociation oftheOCTadopted bytheCouncil
on16December 1980 .

-4-
CHAPTER I:FINANCIAL AID
COMMITMENTS
Total commitments
Thecommitments made bytheCommission andtheBank during 1980 totalled
28.5 million ECU .Since 1April 1976 ,thesumtotal ofcommitments has
been 69.6 million ECU ,which corresponds to73%oftheoverall final
allocation ofjust over 95million ECU .J \
Roughly three-quarters ofthefinancial resources were therefore
committed over aperiod offour years andnine months .This percentage
isdistinctly below thecorresponding figure fortheACPStates (90%).It
should benoted that programming occurred later intheOCT than inthe
ACPStates 1(in1977 fortheDutch andBritish OCTand1978 fortheFrench
OCT ).Itistherefore quite natural that commitments should have been
made atacorrespondingly slower rate .
Aidadministered bytheCommission
Thesumtotal ofcommitments made in1980 inrespect ofaidadministered
bytheCommission wasslightly over 19million ECU ,which represents a
fairly marked increase over thefigure fortheprevious year (16million
ECU ).
The breakdown ofthese commitments isasfollows :
000 ECU %
Grants 4108 21.5
Spécial loans
Stabex11634
332461.0
17.5
19066 100.0
Commission report ontheadministration offinancial andtechnical
cooperation intheOCT (1976-1978 )-COM(79)639 final ,p.8.

-5-
Itwould seem that therelative proportions ofthe1980 percentages should
beregarded merely asapassing phenomenon ,since theratio in1979 was
reversed (70%asgrants ,28.4% asspecial loans andonly 1.4% forStabex ).
Itwould appear more meaningful therefore toconsider theoverall
breakdown ofsums committed ,which slightly exceeds 60million ECU ,since
theentry into force oftheDecision on 1April 1976 .
The breakdown isasfollows :
'000 ECU %
Programmable grants 30.491 50.7
Special loans 18865 31.3
Stabex 10824 18.0
60180 100.0
These figures show thecommitments forgrants exceed theceiling set in
thefinal allocation (30.5 million against 28.1 million theoretically
available ).Thedifference will bemade upfrom thereserve of11million
ECU .
Aidadministered bytheEIB
Thetotal volume offinancial aidgranted bytheEIBamounted attheend
of1980 to9.5million ECU ,almost allofwhich (9.4million )wascommitted
during that oneyear .Loans from theBank 'sownresources totalled
7million ECU ,i.e. 70%ofthemaximum amount provided forunder Article 30
(2)oftheDecision .
Payments
Payments made bytheCommission during financial year 1980 amounted to
13.4 million ECU (ofwhich 3.3million under Stabex )distributed as
follows :
1.7million for the Dutch OCT ;
6.2million for the French OCT ;
5.5million for theBritish OCT .

-6-
This figure shows a52%increase onthevolume ofpayments made inthe
previous financial year .
Total payments since theDecision entered into force aretherefore
30.5 million ECU ,i.e. 36%oftheamount ofthefinal allocation forthe
OCT under the fourth EDF and almost 51Z oftotal commitments .
These mayments aremade upasfollows :
3.3million for theDutch OCT ;
10.6 million fortheFrench OCT ;
16.6 million for the British OCT .

CHAPTER II:SECTORAL BREAKDOWN OFFINANCIAL AID
1.Projects andprogrammes in1980
ForCommission –administered aid ,themost important sector was
economic infrastructure ,which received 8.2million ECU ,i.e. 54%of
thecommitments made during theyear bytheCommission inrespect of
projects andprogrammes .
Most ofthefunding ofthis sector wastaken upbyaspecial loan of
7.3million ECUforfinancing theSaint Martin airport inthe
Netherlands Antilles .This infrastructure project will have aneffect
ontheproductive sector bypromoting tourism andhence theeconomic
development ofthecountry through theforeign currency accruing from
tourism .Itisalso part ofanoverall programme todevelop the
Netherlands Antilles airports ,forwhich Community aidhasbeen
provided previously .
Production development ,chiefly involving rural production ,was the
second largest area ofexpenditure ,acco ingforover 6million ECU .
Thespecific subsectors involved were agricultural production
(irrigated land inGuadeloupe andhydro-agricultural development in
Reunion )andwhat hashitherto been amuch less frequent subject of
financing ,namely forestry plantations (French Polynesia ).
Thecommitments made in1980 inrespect ofthesocial sector (115000
ECU)were relatively minor .
This wasnot thecase with industrialization (aidadministered bythe
EIBandtheCommission ),forwhich 10million ECUwascommitted ,of
which 550000ECUbytheCommission .Most ofthecommitments forthis
sector were therefore made from theresources administered bytheEIB .
TheBank made aloan from itsownresources *of7million ECUto
finance ahydroelectrical project inNewCaledonia andaglobal loan in
theform ofrisk capital of850000ECUtoadevelopment bank in
French Polynesia .
With aninterest rate subsidy of 1599000ECU .

-8-
2.Aid administered bytheCommission over theperiod 1976-80
Afull assessment ofthestate ofimplementation oftheDecision on
theassociation oftheOCT isnotpossible since anumber ofprojects
areeither inprogress orstill being appraised .
With regard toprogrammable aid ,theeconomic infrastructure sector
wasthechief area ofexpenditure ,accounting for 19.5 million ECUat
31December 1980 ,i.e. 42.2% ofthefunds setaside forprojects and
programmes (excluding miscellaneous costs ,administrative expenditure
and Stabex ).
Economic infrastructure comprises everything concerning transport and
communications .The fact that most ofthe OCT are islands makes them
particularly reliant onaircommunications forcontact with theworld
overseas .This accounts forthelarge share ofresources devoted to
airport projects (over 8million ECU).
Aspreviously mentioned inconnection with financial aidforthe
Saint Martin airport in1980 ,although projects involving airtransport
fall within thescope ofeconomic infrastructure ,they arevery often
directly productive ,especially where countries with tourism potential
areconcerned .This isthecase with theairports oftheSouth Caicos
Islands ,Cayman Islands andBelize .However ,airports canalso
facilitate internal administration andhelp improve economic andhuman
relations ;inthis context ,theCayman Brae airport facilitates links
between this island and theeconomically more advanced Grand Cayman .
Road infrastructure projects canalso beproductive ,particularly when
connected with tourism (e.g. Trants Road inMontserrat ).Other road
projects ,such astheroad repair project inStKitts ,aredesigned
toassist industrial development .Allsuch projects naturally serve
toimprove communications between population centres andinsodoing
they also improve human welfare (e.g. abolition ofporterage following
theconstruction ofthePoi-Tuatafa track inFutuna ).Likewise ,the
Azareu-Coula road inNewCaledonia (popularly known astheFlying Fox
Pass road )will free theeast coast Melanesians from their isolation
andencourage them toproduce foodstuffs andtimber inlarge quantities ,
thereby raising their income andatthesame time integrating them
into the life ofthecountry .

Lastly ,mention should bemade ofasignificant telecommunications
project ,since this isafield where Community aidisseldom requested .
Theproject isquestion concerns Radio Belize ,which will strengthen
national cohesion andprovide ameans offorewarning thepopulation
ofthearrival ofthehurricanes which frequently strike this region .
Therural production sector ,accounting for 13.3 million ECU ,ranked
second (28.9% )intheorder ofcommitments made inrespect ofprojects
andprogrammes .
Rural production comprises principally agriculture (8million ECU),
butalso stock-farming (4million ECU)andforestry (1million ECU)
(totals inround figures ).
Agriculture isrepresented inparticular bytwomajor hydro-agricultural
projects carried out inMartinique (Manzo-Creve Coeur network )and
Reunion (Bras deCilaos ).Inboth ofthese projects ,emphasis hasbeen
placed ondiversifying production .Apart from sugar cane ,theproducts
envisaged include vegetables ,bananas ,tobacco ,etc .Thesame applies
inthecase ofother projects ,such astheVieux Habitants scheme in
Guadeloupe (vegetables ,fruit ,etc.). Theaim istoimprove thediet
andincome ofthelocal population andreduce imports orincrease
exports .
Thelatter objective also applies tothepilot farm setupinBelize
totest thepossibility ofproducing cereals forexport totheother
CARICOM countries .Another experimental project involves setting up
twostock-farming ventures inGuyana ;iftheproject issuccessful ,
itwill beextended tocover small farms ,which will nothave tobear
directly theinitial risks oftheventure .
Acommon feature oftwoofthestock-farming projects istheir
integrated design .InVanuatu (formerly theNewHebrides ),theschemes
involve notonly thestock-farming ventures themselves butalso the
collection andtransport oflivestock ,butchery equipment andmarketing .

-10-
InSainte Lucia aneven more comprehensive system exists .Itinvolves
abasic unit of300breeding cows toprovide stock ,meat andmilk ,
10model small-holdings ,aslaughterhouse andcutting plant andamilk-
processing plant .Inaddition ,thebasic unit andthesmall-holdings are
equipped torecycle effluent asorganic fertilizer ,after fermentation
inananaerobic digestor toproduce biogas ,rich inmethane ,which will
beused asanenergy source toproduce steam andrefrigerate theon-site
slaughterhouse anddairy facilities .
Aspecial type ofproject concerns Kiribati (formerly Gilbert Islands ).
Theaimhasbeen toprovide this country with asource ofincome capable
ofreplacing thephosphate extraction industry which wasrunning down at
thetime ofindependence .Theaimoftheproject ,which began in1979 ,
hasbeen toproduce fishbait tocatch bonito that areplentiful inthe
area .
Thesocial development sector -education andtraining ,health ,water -
engineering ,urban infrastructure andtheenvironment -ranks third ,with
11.6 million ECU ,intheclassification ofprogrammable aidadministered
bytheCommission .
Educational infrastructure isrepresented byonly twoprojects ,butthese
aremajor projects (totalling almost 5million ECU).Thetwoprojects
concern respectively theAruba hotel catering school intheNetherlands
Antilles andfirst-stage secondary schools inBelize .Thelatter project
involves aspecial effort ofadaptation tolocal circumstances ,since the
teaching isoriented towards specific requirements andpractical
disciplines (building methods ,wood -andmetalworking ,agriculture ,etc.)
and isdirected towards children inrural areas who until now have had
feweducational opportunities .
Specific training schemes involving study awards andtraining grants have
been fairly marginal asfarastheFrench andtheBritish OCTare
concerned ,amounting to100000ECUforeach ofthese twogroups of
countries ,i.e. sufficient tofinance about 15awards .
Alarger project involves 400000ECUforatraining scheme inNew
Caledonia ,aspreviously described inthereport relating to19791 .
COM(80 )521final ,p.7.

-11-
Thetraining programme adopted in1976 fortheNetherlands Antilles was
even larger ,particularly asregards theallocation ofstudy awards and
training grants (1700000ECU):203awards were made fortraining in
Europe and 144forinsitu training .Inaddition ,155000ECUwasused
under themultiannual training programme tofinance acourse on
managing small andmedium-sized enterprises that catered foralarge
number ofstudents onarelatively small budget .
Thewater supply projects (totalling almost 3million ECU)areinevery
case priority schemes because oftheir role inimproving theliving
conditions ofthelocal population byproviding thevolume ofwater
required orbyimproving itsquality .Hence ,intheLoyalty Islands and
Virgin Islands ,thesystem oftanks (frequently contaminated )hasbeen
replaced byamore modern system whereby underground water istapped and
supplied viapipes (atalower cost totheconsumer ).Furthermore ,a
number ofprojects such asthewater distribution project inthenorthern
parts ofAntigua have paved theway forindustrial ortourism development .
This project isclearly inline with therecommendations from various
quarters inconnection with theInternational Drinking Water Supply and
Sanitation Decade ,particularly asregards therural population .
Lastly ,twohealth projects accounted forslightly less than 1million
ECU ,oneofthem (rather unusually forahealth project )involving an
actual reduction inlocal expenditure .This wasasmall project for
equipping theFalkland Islands hospital with anoperating unit ,thereby
avoiding theneed tosend 300-400 miles toArgentina anypatients
requiring more than apurely routine operation .
Certain OCT (Netherlands Antilles ,Saint Lucia andNewCaledonia )also
benefited from micro-project programmes forrural water engineering ,
rural tracks ,small-scale building works inthesocial sector ,seedling
nurseries ,etc .IntheNetherlands Antilles ,emphasis hasbeen placed
oncraft industry :woodcraft (furniture andwooden articles )in
StEustache andthemanufacture ofprinted fabrics anddecorative
articles inSaba ;inOranjestad (Aruba )asmall ceramics factory will be
built andthenecessary staff trained tooperate it.
X
X X

-12-
Stabex does not ,strictly speaking ,come under theheading offinancial
andtechnical cooperation .Nevertheless ,Stabex funds areprovided out
oftheEDFallocation andStabex transfers represent fortheOCT ,as
well asfortheACPStates ,aninsurance against "theharmful effects
oftheinstability ofexport earnings "andarethus avalued means of
financial compensation .
From 1976 to1980 ,24transfers totalling 10.8 million ECUwere made
(allowing foramounts repaid totalling 1.5million ECU -seeTable V).
These transfers concerned 12OCTwhich subsequently became ACPStates
following their accession totheLome Convention ;they continued to
beeligible fortheOCTStabex allocation .
The transfers were made either tooffset losses due tolocal circumstances
(79%)(hurricanes ,drought ,etc.)orbyway ofcompensation forproducts
affected byadverse economic circumstances (21%).Twothirds ofthesums
thus transferred were provided intheform ofgrants ,theremainder as
loans ofwhich 59%have sofarbeen repaid under normal terms and in
accordance with theprovisions laid down intheDecision .
Overall ,Stabex hasproved aneffective instrument ,capable ofbeing
put into effect rapidly when aloss ofearnings occurs (within three
months onaverage )andwith provision foradvance payments where
necessary ;forcertain OCTsuffering aloss ofexport earnings ,
Stabex represents alarge share offourth EDFaid .
There wasnocase in1980 where theconditions giving rise tothe
replenishment ofresources viarepayment ofprevious transfers were
met ;hence ,when theperiod ofapplication ofthefirst OCTDecision
expired ,there was aresidual balance of10million ECU .Half ofthis
sumwas setaside fortheimplementation ofprojects andprogrammes and
half carried over tothefirst year ofapplication ofthenewDecision
onthe association ofthe OCT .

-13-
CHAPTER III :AID CHARACTERISTICS AND IMPLEMENTATI ON
Itwasstated previously 1thattherateofcommitments hadbeenrather
slow atthebeginning oftheperiod :there were virtually nofunds
committed in1976 andonly five orsixcommitments inboth 1977 and
1978 ,atleast asregards programmed aid .However ,there wasanotable
speeding-up in1979 .Theacceleration wasmaintained andincreased
further in1980 ,inparticular asaresult oftheimplementation of
theaidadministered bytheEIB .
Co-financing projects intheOCT ,including those carried outin
conjunction with thesovereign power ,have notbeen very numerous .
However ,there were oneortwocases such asRadio Belize (United
Kingdom participation )andtheservice roads inSaint Lucia
(participation bytheCaribbean Development Bank ).Theprojects
financed gytheCommunity were thus funded onanessentially individual
and autonomous basis .
Insome instances there was anotable degree ofOCTregional integration .
This wasthecase particularly with regard totheCaribbean ,where the
British OCTwere frequently able totake advantage oftheregional
projects financed through Caricom forthebenefit oftheACPStates
inthearea ;examples include theUniversity oftheWest Indies ,
thestrengthening oftheCaricom Secretariat ,theCARDI bodies (regional
agricultural research andadvisory bodies ),theWISCO project (purchase
ofvessels forinter-island transport )andtheCaricom experimental
farm forcereals ,inBelize ,itself formerly anOCTthough now
independent .
Theprojects carried outintheOCThave frequently been "small ",
i.e. low-cost projects .This isdue tothefact that most oftheOCT
arethemselves small ingeographical area .However ,theimpact of
these projects onthepopulation concerned isoften outofall
proportion totheir cost .This wasthecase ,forexample ,with the
operating unit fortheKing Edward Memorial Hospital intheFalkland
Islands (21000ECU)andtheFort Hill water supply project inthe
Virgin Islands (300000ECU).Bycomparison ,large projects ,particularly
interms ofcost ,include theSaint Martin airport intheNetherlands
Antilles (7million ECU)andthehydroelectric project inNewCaledonia
financed byaloan from theEIB'sownresources (7million ECU).
See p.5.

-14-
Apart from theinevitable technical contingencies ,theeffects ofworld
inflation andclimatic upheavals (e.g. theimpact onSaint Lucia of
hurricane Allen ),theOCTprojects have been carried outunder
relatively satisfactory conditions andnospecial problems have arisen .
During 1980 ,13newfinancing agreements were signed inrespect of
projects financed intheOCTwhich brings to37thetotal number of
agreements signed since theDecision entered into force .
In1980 ,four new invitations totender were issued .These all
concerned supply contracts .
The breakdown ofinvitations totender at31December 1980 was as
follows :
(i)10invitations totender forsupplies ;
(ii)1invitation totender ,standard procedure ,forworks ,
(iii)2invitations totender ,expedited procedure ,forworks .
χ
X X
Theonly permanent Commission Delegation mtheOCThasbeen setup
inthe Netherlands Antilles .
Theother countries andterritories areserved byDelegations established
inACPStates inthesame geographical area .
Since 1March 1980 ,theoperating costs oftheDelegations -which were
previously covered byEDFresources -have been included inthe
Communities' general budget .

1vTable I:Breakdown offinancing decisions to31December iy8U
forOCT (FKl)+BEI )
C'000ECU)
Netherlands Antilles .
Bélise
Brunei
Cayman Is.
Caribbean :
-Anguilla
-Antigua
-St .Kitts-Nevis
Comores
L>jibouti
Pominica
Falkland Is .
Guadeloupe
Fr .Guiana
Kiribati
Martinique
Mayotte
Montserrat
New Caledonia
Pitcalrn
Fr.Polynesia
Réunion
St .Lucia
St.Pierre andMiquelon
Saint Vincent &Grenadines
Solomon Islands
Fr .Southern and Antarctic
Terr .
British Antarctic Terr .
British Indian Ocean Terr .
Turks and Caicos Is.
Tuvalu
Vanuatu
British Virgin Islands
.Wallis and Futuna Is .
itot broken down
"Risk capital cancellation
TOTAL
ofwhich :grants
Stabex
spécial loans
EIB loans
risk capitalIndus -
triali -
sation
690
1.000
35
8.599
1.020
-946
10.398
2.494
7.000
1.850
-946Tourism
810Rural
produc­
tion
265
455
810
810120
50
515
1.700
1.550
170
1.800
500
940
2.650
1.173
15
550
900
13.353
5.996
7.357Economie
infra -Social .
develop -
structure ment
7.672
920
330
1.500
1.960
360
2.100
918
1.920
145
180
185
1.310
19.500
10.058
9.4425.950
1.650
495
650
21
400
60
21_2
915
760
300
200pther ,
Spabex **.
ladmin .
11.613
9.547
2.066281
2.327
692
2.893
2.283
2.173
175
*
10.824
10.824icosts
580
2.605
3.185
3.185
Theaggregate amount ofStabex transfers atend1980 hasbeen reduced by 1491996ECU
■■(contributions toreplenishment byBelise andVanuatu ).

TART.F ,Ia:Breakdown offinancing decisions taken in1980
OCT (EDF +EIB )
('000 ECU )
Indus -
triali -
sationTourism Rural
proauc'
tionEconomie
infra -
structuiSocial
develop -
ementStabexOther ,
incl .
admin ,
costs '
Netherlands Antilles
Belize
Brunei ,
-Cayman Is.
Caribbean :
–Anguilla
–Antigua
-St. Kitta/Nevls
Comores
Djibouti
Dominica380
Falkland Is .
Guadeloupe
Fr .Guiana
Kiribati
Martinique
Mayotte
Montserrat
New Caledonia
Pitcairn
Fr,PolyTipsi »
Réunion
.Saint Lucia
St.Pierre and_Miouelnn
Saint Vincent and Grenadines8.599
1.020
Solomon Islands
Fr .Southern end Antarctic
Terr .
British Antarctic Terr .
British Indian Ocean Terr .
Turks and Caicos Is .
Tuvalu
Vanuatu
British Virgin Islands ^
Wallis and Futuna Is.
Not broken down.10 89 7.345 70
90
431
2.893
1.700
940
2.650
15 45
900
TOTAL
ofwhich -grants
Stabex9.999 10 6.294185
645
8.265385
115
spécial loans
EIB loans
Risk capital2.149
7.000
85010 1.952
4.342973
7.2921153.324
3.324123
508
508

ituation at31December 1980 broken down bymethod offinancing andsector (000ECU)
Development ofproductionEconomic ,
infrastr .Social ,
develop .Stabex Other
TotalI
– Ind .Tourlra Rural
prod .t XS ΖI
1.Aidadministered by
the Commission895 81013.35361,319.500
10011.613
10010.824
1003.185
10060.18084,4
Grants
(Ofwhich micrøprojécts )895 8105.996
(1.340)31.*10.058
51,69.547
82,23.185
10030.491
(1.340)43,8
(1.»)
t :
Special loans 7.35729,99.442
48,42.066
17,818.86527.1
2.Stabex 10.824
10010.82415,5
2.Aidadministered bytheEIB9.503 38,7 9.50313.6
Loans from EIR ;resources 7.000 28,5 7.00010,0
Interest rate subsidies 1.599 *•3
I1.5992.3
Risk capital
.cancellation1.850-946*3.7 9041,3
Total 10.398 81013.353 10019.50011.61310.824 3.18569.683
.100
X
Theinitial commitment in1978 was 1000000ECU ;following apartial cancellation of946000ECU ,thefinal amount
ofthe commitment is54000 ECU .

Table Ila .Financing situation in1980broken downbymethod offinancing andsector
' ('000ECU)
I: iDevelopment ofproduction"..-ÏEconomic J
Infrastr .Social
devei .Stabes Other
Tot«l Ζ
'Ind . Touriea Rural
prod .X S Ζ Ζ Ζ
1.Aidadministered by ;
the Commission ί550 10 6.294 42,0 8.265
100115
1003.324
100508
Tõõ19.066 66,9
GrantsS50 10 1.952 15,4 973 IIS 508 4.108 14,4
(ofwhich microproj ects )(89)u.e 100Γ 100
(89) (0,3)
Special loans4.342 26,6 7.292
88,211.634 40,8
Stabex3.324
1003.324 11,7
2.Aidadministered bytheEIB9.449 58,0
43,09.449 33.1
24,5Loans from EIB resources7.000 7.000
1 1Interest rate subsidies
\1.599 9,8 1.599 3.6
Risk .capital 650 5.2– - 850 3.0
Total 9.999 10 6.294 100 8.265 115 3.324 508 28.515 100

TableIII;Financingsituationat31jDecemberJ98Qbrokendownbymethodo£_financing ,andadministrative bpdy
(millionÉCÏÏ5
AllocationsCommitments atend1980
•(1)Aidadministered
bytheCommission«
Aidadministered
bytheEIBTotal
•
-
Amount XAmount Ζ.
AmountXAmount'1
EDFresources 85.064589,560,180 1002.50326,362,68390,0
Grants
(ofwhichmicroprojects )
interestratesubsidies28,137529,630,491
(1,340)50,7
(2.2)1,599
(1.599]16,8
(16,8)32,090
(1.340)
(1.599!U.l
(1.9)
(2,3)
Specialloans
(Reserve(grants,specialloans))23,915
11,01225,2
11,618,86531.3 18,86527,1
Riskcapital
icancellation j2,0002.1 '- 1,850
-0,946
ψ9.50,9041.3
Stahex20,00021,010,82418.0 10,824 --I5r5
EIBresources10,00010,5 7,00073,77,00010,0
LoansfromEIBresources10,00010,5 7,000
TOTAL95,0645 10060,180 1009,50310069,683 100
Article1ofthe1975International Agreementonthefinancingandadministration ofCommunityaid,asamendedbytheCouncilDecisionof5February1980.

Table Ilia :Financing situation in1980 broken down bymethod offinancing andadministrative body
i ·""- -. . I'""""*(míllToñ ÍICÜJ
Allocations ^Commitments atend 1980 .•
1Aid administered
bytheCommissionAid administered
bytheEIBTocai
J
AmountI•
Amount AmountΖI
AmountX
EDF resources85,0645 89,5 19,066 100 '2,449 25,9 21,515 75.5
Grants
ofwhich :microproj ects
interest rate subsidies |28,1375 29.6 4,108
(0,089 ]21,6
(0,5)1,599
<1,599 ;16,9
(16,9 )5,707
(0,089 )
(1,599 )20,0
(0,3)
(5,6)
Special loans
(Reserve (grants' ,special loans ))23,915
11,01225,2
11,611,634 61,0 11,634 40,8
Risk capital2,000 2,1 0,850 9·° 0,85Q 3»°
'·';– Stabex20,000 21,0 3,324 17,4 3,324 U.7
EIB resources10,000 10,5 7,000 74,1 7,000 24,5
Loans from EIB resources10,000 10,5
TOTAL 95,0645 100 19,066 100 9,449 100 28,515 100
Article 1ofthe1975 Internal Agreement onthefinancing andadministration ofCommunity aid ,asamended by
theCouncil Decision of5February 1980 .

TableIV:Sumifcarystatement -brokendownby%persectcg:methodoffinancingand,administrative
bod*atend1980 ■-–('000-SGU)v
, 1 3 ""^
Development ofproduction
% InfrastructureSocial
developmentlot·!
dJJ) i
1
Í
jIndustry •TourismRural
production-
I.Aidadministered bythe
Commission•
a.Programmable grants 89S 810 5.996 10.058 9.547 (27.306)
b.Specialloans :%7.357 9.442 2.066 (18.86Í)
c.Stabex(-1492contributions to•
d.Total1to3replenishment ) 895 810 13.353 19.500 11.613 (46.171)
Breakdownof1to3in%1.» l.S 28,9 42,2 25.2 100Z
e.Total 1to4 *
i895 810 13.353 19.500 11.613
Breakdownof1to4in% 1.8 1·· 27,1 39,5 23,5
f.Sumtotal 695 810 13.353 19.500 11.613
Breakdownofsumtotalin% 1.5 1.3 22,2 32,4 19,3*
II.Aidadministered bytheEIB-
•
!a.Loanfromownresources 7.000•
·-··-■'
b.Interestratesubsidy 1.599-•-
c.Riskcapital ■'-t---li850 -t .-
..
.cancellation -946**
d.Sumtotal 9.503
.
III.Grandtotal ί10.398 810 13.353 19.500 11.613 (55.674)
a.Breakdown 1to3in%18,7 1,4 24,0 35,0 .20,9 IOOX
b.Breakdown 1to4in% ·17,7 1,4 22,7 33,1 19,7
c.Overallbreakdownin%j 14,9 1.'- 19,1 28,0 16,7
Theinitialcommitmentin1978was1millionECU;followingapartialcancellation of946000ECU,thefinalamount
ofthecommitmentis54000ECU. ,

Table IVa ;Summary statement broken down by%persector ,method offinancing andadministrative body in1980
('000 ECU )
I.Aidadministered bytheCommission
a.Programmable grants
b.Special loans
c.Stabex
d.Total 1to3
Breakdown of 1to3in%
e.Total 1to4
Breakdown of 1to4in%
f.Sum total
Breakdown ofsum total in%
II.Aidadministered bytheEIB
a.Loan from own resources
b.Interest rate subsidy
c..Risk capital
d.Sum total
III .Grand total
a.Breakdown 1to3in%
b.Breakdown 1to4in%
c.Overall breakdown in%Development ofproduction .
Indus try
550
550
3.6
550
3,5
550
2.9
7.000
1.599
850
9.449
9.999
40,5
39.7
35,0Tourism
10
10
0,06
10
0,06
10
0,05
10
0,04
0,04
0,03Rural
production
1.952
4.342
6.294
41.3
6.294
40,0
6^294
33,0
6.294
25,5
25.0
22.1Infrastructure
973
7.292
S.265
54,3
8.265
*2,5
8.265
43,3
8.265
33,5
32,8
29,0Social
development
115
115
0,7
115
0.7
115
0.6
115
0»5
0,5
0.4Total
U»3)
(3.600)
(11.634)
(15.234)
100Ζ
(24.683 )
100Z

Table IVa (cont d)
4
Other /Administrativ
1costs
I.Aidadministered bytheCommission j r
a.Programmable grants*
508
"b.Special loans
c.Stabex
d.Total 1to3 -
Breakdown of 1to3in%
e.Total 1to4 508
Breakdown of 1to4in% 3.2
■– f.Sum total 508
- Breakdown ofsum total in% 2.7
.
ig_II.Aidadministered bytheEIB-
KS :"a.Loap .from ownresources•
ψ~b.Interest rate subsidy
R c.Risk capital
If d.Sumtotal
'wí:
III .Grand total 508
a..Breakdown 1to3in% 2,0
b.Breakdown 1to4in% 1,8
c.Overall breakdown in%5
Total
(II*)Stabes Sum total
}
(4.108)
(11.634)
Φ3.3244.108
11.634
3.324
(15.742)
loot
3.324
_17,4*
19.066
ιοσχ
-.... ' 7.000
i.599
850
9.449
(25.191)
ι3.324 2«.515
100Z
Π.7 lOOZ

Table V:Stabex :Results ofoDeratioris atρπΗ 1QSn
l~9/~a
ctofyears :
1977- -· ·· – ÍÇ-*
- - ■ - -
(ECU )
1976 iV77
inrespe
1975 197-1979 19*0
1978 19797<->..u
&
BelizeSawn wood139 .*50
-61.133202 .714
es,Djibouti ,Κ
OCT Stabex all
367.784
552.547
170.596342 -3Cã
-61.1 '3
luand
991.849
1.164.001
170.596Inaddition ,tt
Vanuatu ;these
Conorpsíefollowing agreements ha
former OCT acceded toLo
Copra
Cloves
Ylang-Ylangvebeen signed
méIbut still
298.304with the Comor
come under the
286.508iribati ,Solomo
ocation :
39.253
180.299ηIslands .,Tuva
431.155
DjiboutiRawnidee ,skins and
leather256.894 265.328 169.629 691.851
Dominica Bananas-2.892.944 2.892.944
Kiribati Copra 1.200.321 1.083 .098 2.28^.419
*
Solomon Islands Copra
"Wood intherough138.502
761.2451.273.640-
- 1.412.1 «2
761.245
Tuvalu Copra 61.541 64.417 48.771'174.729
Vanuatu Copra
»1.103.499
-1.103.499327.364
-327.3641.430.863
-1.430.863
Grand total2.795.324 2.97 ?.991 1.463.270 268.323 3.324.099 10.824.007
(1)tv,„ . Belize
aggregate amount ofthetransfers hasbeen reduced by 1491996ECU Vanuatu
(contributions toreplenishments )