Article 1 
The Community shall grant the European Investment Bank a guarantee of 100 % in accordance with Article 4 in cases where the Bank does not receive the payments due under loans granted in accordance with its usual criteria for projects of mutual interest in those third countries with which the Community has concluded cooperation agreements. This guarantee shall be restricted to an overall loan ceiling of ECU 275 million to be granted in 1996. If, on 31 December 1996, the loans granted by the Bank have not attained the overall amount referred to above, the period during which this Decision shall remain applicable shall be automatically extended by six months. The countries concerned by this Decision are: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, El Salvador, Uruguay and Venezuela; Bangladesh, Brunei, China, India, Indonesia, Macao, Malaysia, Pakistan, Philippines, Singapore, Sri Lanka, Thailand and Vietnam. Article 2 The Commission shall inform the European Parliament and the Council every six months of the situation regarding loans signed. To that end, the Bank shall regularly transmit to the Commission the appropriate information. Article 3 At the end of the loan period, the Commission shall inform the European Parliament and the Council of the loan operations and shall, at the same time, submit an assessment of the operation of the scheme and of coordination between the financial institutions operating in that area. Article 4 Detailed rules for the application of this Decision shall be laid down in an agreement to be concluded between the Commission and the Bank. Article 5 This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 12 December 1996. For the Council The President A. DUKES (1) OJ No C 261, 9. 9. 1996, p. 147. (2) OJ No L 45, 23. 2. 1993, p. 27. (3) OJ No C 377, 31. 12. 1994, p. 1. (4) OJ No L 136, 7. 6. 1996, p. 29. (5) OJ No L 293, 12. 11. 1994, p. 1.
Article 2 
The Commission shall inform the European Parliament and the Council every six months of the situation regarding loans signed. To that end, the Bank shall regularly transmit to the Commission the appropriate information. Article 3 At the end of the loan period, the Commission shall inform the European Parliament and the Council of the loan operations and shall, at the same time, submit an assessment of the operation of the scheme and of coordination between the financial institutions operating in that area. Article 4 Detailed rules for the application of this Decision shall be laid down in an agreement to be concluded between the Commission and the Bank. Article 5 This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 12 December 1996. For the Council The President A. DUKES (1) OJ No C 261, 9. 9. 1996, p. 147. (2) OJ No L 45, 23. 2. 1993, p. 27. (3) OJ No C 377, 31. 12. 1994, p. 1. (4) OJ No L 136, 7. 6. 1996, p. 29. (5) OJ No L 293, 12. 11. 1994, p. 1.
Article 3 
At the end of the loan period, the Commission shall inform the European Parliament and the Council of the loan operations and shall, at the same time, submit an assessment of the operation of the scheme and of coordination between the financial institutions operating in that area. Article 4 Detailed rules for the application of this Decision shall be laid down in an agreement to be concluded between the Commission and the Bank. Article 5 This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 12 December 1996. For the Council The President A. DUKES (1) OJ No C 261, 9. 9. 1996, p. 147. (2) OJ No L 45, 23. 2. 1993, p. 27. (3) OJ No C 377, 31. 12. 1994, p. 1. (4) OJ No L 136, 7. 6. 1996, p. 29. (5) OJ No L 293, 12. 11. 1994, p. 1.
Article 4 
Detailed rules for the application of this Decision shall be laid down in an agreement to be concluded between the Commission and the Bank. Article 5 This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 12 December 1996. For the Council The President A. DUKES (1) OJ No C 261, 9. 9. 1996, p. 147. (2) OJ No L 45, 23. 2. 1993, p. 27. (3) OJ No C 377, 31. 12. 1994, p. 1. (4) OJ No L 136, 7. 6. 1996, p. 29. (5) OJ No L 293, 12. 11. 1994, p. 1.
Article 5 
This Decision shall take effect on the day of its publication in the Official Journal of the European Communities. Done at Brussels, 12 December 1996. For the Council The President A. DUKES (1) OJ No C 261, 9. 9. 1996, p. 147. (2) OJ No L 45, 23. 2. 1993, p. 27. (3) OJ No C 377, 31. 12. 1994, p. 1. (4) OJ No L 136, 7. 6. 1996, p. 29. (5) OJ No L 293, 12. 11. 1994, p. 1.