council decis decemb rule applic field export guarante financ export subcontract parti member state european commun member countri eec council european commun regard treati establish european econom commun articl thereof regard propos commiss increas interdepend member state economi requir strengthen cooper final joint solut problem pose field subcontract export guarante financ decid articl detail rule applic member state automat inclus subcontract parti member state european commun member countri cover grant behalf support state princip contractor financ subcontract defin annex decis articl section iv appli subcontract relat export transact conclud basi credit involv form financi support member state articl decis eec repeal decis enter forc januari articl decis address member state brussel decemb council presid fenger moeller oj annex section definit subcontract subcontract mean contract conclud undertak hereinaft call princip contractor undertak hereinaft call subcontractor agre perform contract made princip contractor undertak hereinaft call buyer subcontractor deliv good perform servic princip contractor incorpor suppli item item buyer order understood posit law subcontractor signatori contract conclud princip contractor buyer princip contractor sole respons buyer perform contract bear risk guarante relat technic econom posit suppli subcontractor cover good raw materi semi finish good servic technic econom point view consitut buyer essenti ancillari perform contract princip contractor section ii automat inclus subcontract cover subcontract exclus parti member state automat includ cover grant princip contractor amount subcontract equal contract ecu ecu contract ecu contract ecu princip contractor credit insur unabl risk inher transact heavi support cover transact consult interest credit insur organ place view resolv problem mean joint insur insur export contract involv subcontract member state member countri subcontract member state automat includ total subcontract countri exce percentag limit fix paragraph refer contract cover grant princip contractor condit recours nation subcontract subcontract member state section iii financ subcontract includ cover prejudic applic customari criteria bank matter treatment equal applic export contract compris exclus nation suppli grant financ respect export contract includ subcontract incorpor accord provis section ii section iv exchang inform subsequ exchang inform place framework polici coordin group credit insur credit guarante financi credit individu contract respect subcontract member countri exce respect mix subcontract member state member countri total exce percentag exchang inform place individu contract exceed ecu involv credit period year appli individu contract consid except studi time made coordin group difficulti aris connect individu contract report framework subsequ exchang inform experi show subsequ exchang inform procedur unsatisfactori commiss member state request wai mean sought remedi aspect found unsatisfactori member state propos conclud member countri agreement relat inclus subcontract reciproc basi member state concern submit preliminari notif consult framework polici coordin group credit insur credit guarante financi credit percentag relat automat inclus allow agreement council decid exce irrespect subcontract member countri agreement made subcontract countri involv section basi calcul percentag amount refer calcul accord rule cost incident export transport insur includ total amount contract percentag amount calcul financ cost total exclud amount contract item repatri portion incident local expenditur suppli deduct amount contract understood portion exce amount contract cost financ excess deduct