council decis april coverag cost incur european invest bank manag invest facil coton agreement oversea associ decis ec council european union regard treati establish european commun regard partnership agreement member african caribbean pacif group state part european commun member state part sign coton june refer quot coton agreement quot regard intern agreement septemb repres govern member state meet council financ administr commun aid financi protocol partnership agreement african caribbean pacif state european commun member state sign coton benin june alloc financi assist oversea countri territori part ec treati appli articl thereof regard council decis ec novemb associ oversea countri territori european commun oversea associ decis regard propos commiss drawn agreement european invest bank refer quot bank quot present provis coton agreement oversea associ decis meet cost incur bank manag invest facil bank appli incom gener standard apprais fee charg client invest facil coverag normal cost exclus except fee receiv cover extraordinari expens incur adopt decis articl provis fee charg bank manag invest facil interest rate subsidi includ resourc reserv oversea countri territori refer quot oct quot equival maximum year eur million fee intend cover full cost manag invest facil includ manag sum alloc financ interest subsidi oper acp state oct year financi protocol coton agreement articl extent remit bank defin annex ii coton agreement oper guidelin invest facil remain unchang maximum fee articl constitut ceil articl year septemb latest bank present invest facil committe cost estim year level fee requir data includ invest facil busi plan approv invest facil committe cost present year depend date entri forc coton agreement articl year bank present actual cost incur previou year annual report invest facil approv invest facil committe amount apprais fee recov client invest facil year draft annual report figur submit invest facil committe februari latest final report june latest articl cost incur bank year lower higher present busi plan bank request invest facil committe decid arrang articl provis fee refer articl met reflow member state debt servic payment gener risk capit oper special loan undertaken success acp ec convent amount ow member state determin rel share contribut european develop fund case member state recipi suffici reflow bank debit account charg annual interest rate equival prevail eonia rate minu twelv half basi point articl council act propos commiss drawn agreement bank decid financ bank fee agre articl reflow debt servic payment insuffici purpos articl member state authoris bank deduct fee directli account held bank reflow articl credit fee deduct work dai quarter remuner annual rate equival prevail eonia rate minu twelv half basi point articl decis forc date intern agreement appli period year supersed agreement articl decis address member state luxembourg april council presid dry oj oj oj