AND SOCIAL IMPACT .
IN PARTICULAR , PRODUCTIVE CAPITAL PROJECTS IN THE INDUSTRIAL , TOURISM AND MINING SECTORS SHALL BE GIVEN PRIORITY FINANCING BY MEANS OF LOANS FROM THE BANK AND RISK CAPITAL .
ARTICLE 32
1 . WHERE APPROPRIATE , A NUMBER OF METHODS MAY BE COMBINED FOR FINANCING A PROJECT OR PROGRAMME .
2 . WITH THE AGREEMENT OF THE RELEVANT AUTHORITIES OF THE COUNTRIES OR TERRITORIES CONCERNED , FINANCIAL AID FROM THE COMMUNITY MAY TAKE THE FORM OF CO-FINANCING WITH PARTICIPATION BY , IN PARTICULAR , CREDIT AND DEVELOPMENT AGENCIES AND INSTITUTIONS , FIRMS , MEMBER STATES , COUNTRIES AND TERRITORIES , THIRD COUNTRIES OR INTERNATIONAL FINANCE ORGANIZATIONS .
ARTICLE 33
1 . GRANTS AND SPECIAL LOANS MAY BE MADE AVAILABLE TO OR THROUGH THE COUNTRY OR TERRITORY CONCERNED .
2 . WHERE THESE FUNDS ARE ON-LENT THROUGH THE COUNTRY OR TERRITORY CONCERNED , THE TERMS AND PROCEDURE FOR THE ON-LENDING BY THE INTERMEDIATE RECIPIENT TO THE FINAL BORROWER SHALL BE LAID DOWN BETWEEN THE COMMUNITY AND THE RELEVANT AUTHORITY OF THE COUNTRY OR TERRITORY CONCERNED IN AN INTERMEDIATE FINANCING AGREEMENT .
3 . ANY BENEFITS ACCRUING TO THE INTERMEDIATE RECIPIENT , EITHER BECAUSE THAT RECIPIENT RECEIVES A GRANT OR A LOAN FOR WHICH THE INTEREST RATE OR THE REPAYMENT PERIOD IS MORE FAVOURABLE THAN THAT OF THE FINAL LOAN , SHALL BE EMPLOYED BY THE INTERMEDIATE RECIPIENT FOR THE PURPOSES AND ON THE TERMS SET OUT IN THE INTERMEDIATE FINANCING AGREEMENT .
ARTICLE 34
1 . THE FINANCING OF PROJECTS AND PROGRAMMES COMPRISES THE MEANS REQUIRED FOR THEIR EXECUTION , SUCH AS :
- CAPITAL PROJECTS IN THE FIELDS OF RURAL DEVELOPMENT , INDUSTRIALIZATION , ENERGY , MINING , TOURISM , AND ECONOMIC AND SOCIAL INFRASTRUCTURE ;
- SCHEMES TO IMPROVE THE STRUCTURE OF AGRICULTURAL PRODUCTION ;
- TECHNICAL COOPERATION SCHEMES , IN PARTICULAR IN THE FIELDS OF TRAINING AND TECHNOLOGICAL ADAPTATION OR INNOVATION ;
- INDUSTRIAL INFORMATION AND PROMOTION SCHEMES ;
- MARKETING AND SALES PROMOTION SCHEMES ;
- SPECIFIC SCHEMES TO HELP SMALL - AND MEDIUM-SIZED LOCAL FIRMS ;
- MICROPROJECTS FOR GRASSROOTS DEVELOPMENT , IN PARTICULAR IN RURAL AREAS .
2 . FINANCIAL AND TECHNICAL COOPERATION SHALL NOT COVER CURRENT ADMINISTRATIVE , MAINTENANCE AND OPERATING EXPENSES .
3 . FINANCIAL AID MAY COVER IMPORT COSTS AND LOCAL EXPENDITURE REQUIRED FOR THE EXECUTION OF PROJECTS AND PROGRAMMES .
ARTICLE 35
IN THE IMPLEMENTATION OF FINANCIAL AND TECHNICAL COOPERATION , THE COMMUNITY SHALL PROVIDE ASSISTANCE FOR ATTAINING THE OBJECTIVES WHICH THE COUNTRIES AND TERRITORIES SET THEMSELVES IN THE CONTEXT OF REGIONAL AND INTER-REGIONAL COOPERATION .
ARTICLE 36
IN THE IMPLEMENTATION OF FINANCIAL AND TECHNICAL COOPERATION , SPECIAL ATTENTION SHALL BE PAID TO THE NEEDS OF THE LEAST DEVELOPED COUNTRIES AND TERRITORIES SO AS TO REDUCE THE SPECIFIC OBSTACLES WHICH IMPEDE THEIR DEVELOPMENT AND PREVENT THEM FROM TAKING FULL ADVANTAGE OF THE OPPORTUNITIES OFFERED BY FINANCIAL AND TECHNICAL COOPERATION .
ARTICLE 37
1 . THE FOLLOWING SHALL BE ELIGIBLE FOR FINANCIAL AND TECHNICAL COOPERATION :
(