agreement european econom commun eec belgium denmark feder republ germani franc ireland itali luxembourg netherland unit kingdom member state commun member state hand intern develop associ associ hand eec decid contribut special action programm decid confer intern econom cooper order meet individu low incom countri face gener problem transfer resourc hamper develop order implement abovement decis eec request associ administ special account special action account aggreg amount equival million dollar separ account asset associ credit special action credit amount addit respect programm project lend amount associ plan programm period commit special action account countri elig receiv basi set object eec member state associ effort assur entir amount contribut member state commit month effect date agreement disburs credit year effect date eec associ consult propos implement administr agreement commit fund assur broad balanc geograph distribut thereund end associ furnish eec tabl show manner propos appli criteria set agreement parti agre articl establish administr special action account section establish associ special account entitl quot special action account quot constitut moni member state contribut special action account accord provis agreement held trust associ act administr associ act capac hereinaft refer administr purpos accord provis agreement special action account separ account asset associ section member state make contribut special action account amount currenc equival date signatur agreement unit state dollar amount opposit gt pic file quot quot gt section payment contribut made payment made form cash interest bear note member state payabl demand currenc order associ administr special action account deposit depositori associ countri concern payment made instal consist contribut made dai effect date agreement date agre eec administr ii consist balanc contribut made januari date agre eec administr take account time parliamentari approv annual budget member state wish make payment rapidli section administr draw cash note approxim pro rata basi accord associ normal procedur order meet disburs special action credit maintain reason work balanc special action account articl ii util special action account section amount credit special action account accord eec requir administr exclus purpos make special action credit low incom member countri associ develop affect develop countri prospect develop curtail extern factor face gener problem connect transfer resourc result thereof face debt servic difficulti make credit administr accord eec requir guid factor rel poverti develop countri concern long term growth potenti ii extent countri concern depend offici develop assist extern capit resourc iii extent intern econom factor contribut current prospect econom problem countri iv develop prospect countri export earn capac countri import good essenti develop process vi composit trend debt servic oblig countri capac borrow concession term vii extent problem countri concern met contribut sourc section special action credit made purpos financ identifi quick disburs develop programm project includ sector project includ associ lend programm apprais approv administ accord procedur practic applic develop credit made associ regular resourc take account object addition refer paragraph preambl agreement resourc special action account substitut regular resourc intern bank reconstruct develop quot bank quot associ commit loan credit programm project effect date agreement approv execut director bank associ section provid section term repay special action credit gener applic develop credit made associ repay year year grace period special action credit bear interest section special action credit made currenc member state repay currenc section consist normal procedur associ administr author requir borrow special action credit pai associ servic charg rate fourth cent annum payabl currenc accept associ term defin time time pursuant resolut unit nation gener assembl princip amount credit withdrawn outstand time time compens servic render hereund amount paid charg paid directli retain associ section special action credit evidenc separ credit agreement borrow countri administr indic origin resourc section proce special action credit expenditur currenc borrow countri good produc servic suppli member state ii develop countri member associ recipi special action credit determin administr time agreement credit section princip repay special action credit made payabl special action account amount currenc member state repaid practic return administr member state associ liabl shortfal repay special action credit articl iii report consult section special action credit commit administr eec inform project programm prepar consider execut director approv execut director period disburs special action credit administr inform eec quarterli progress special action credit disburs made thereund administr practic end fiscal year associ furnish eec detail statement special action account opinion associ extern auditor statement special action credit fulli disburs administr practic furnish eec detail report project programm financ special action account section administr establish maintain record account identifi contribut special action account commit financ account receipt disburs fund account repay member state section eec administr fulli cooper achiev purpos arrang end special action account fulli disburs eec act commiss european commun administr time time exchang view statu condit special action account progress programm project financ special action credit matter relat arrang articl iv termin distribut section agreement effect decemb date agre eec associ agreement oblig parti thereund forthwith termin section entir princip amount special action credit withdrawn borrow thereund repaid return member state accord section articl ii agreement agreement oblig parti thereund forthwith termin articl final provis section agreement approv member state eec accord procedur requir parti section govern member state notifi gener secretariat council european commun procedur requir applic complet gener secretariat forward notif notif eec duli approv agreement associ section agreement effect enter forc dai month receipt associ notif section agreement drawn duplic danish dutch english french german italian languag text equal authent udfærdiget bruxel den anden maj nitten hundred og otteoghalvfjerd geschehen zu brüssel zweiten mai neunzehnhundertachtundsiebzig brussel dai year thousand hundr seventi fait bruxel le deux mai mil neuf cent soixant dix huit fatto bruxel addì due maggio millenovecentosettantotto gedaan te brussel de tweed mei negentienhonderd achtenzeventig gt pic file quot quot gt gt pic file quot quot gt rådet de europæisk fællesskab für den rat der europäischen gemeinschaften council european commun pour le conseil de communauté européenn il consiglio dell comunità europe voor de raad van de europes gemeenschappen gt pic file quot quot gt