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CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

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Support for basic infrastructure and for other areas not directly related to the implem<strong>en</strong>tation ofthe EPA is provided via the appropriate instrum<strong>en</strong>ts, for example the instrum<strong>en</strong>ts of theCotonou Agreem<strong>en</strong>t.The European Commission specifies that the priority areas for the use of its funds under the EPARegional Fund will be:i. Support for the competitiv<strong>en</strong>ess or diversification of the production sectors affected bythe EPA, in the primary, secondary and tertiary sectors (e.g.: consolidation of "quality"infrastructures in support of exports; expertise services for businesses; developm<strong>en</strong>t ofbusiness incubators; measures to improve access to credit for businesses in the region,particularly SMEs; id<strong>en</strong>tification and promotion of the region's products and services(agri-food sectors, tourism, mines, business services).ii.Contribution to absorbing the net fiscal impact of the EPA in full complem<strong>en</strong>tarity with thefiscal reforms.iii.Support for implem<strong>en</strong>tation of the rules laid down in the EPA (e.g.: support for the EPAinstitutions; support for regional policies in the areas covered by the EPA and other measureswhich may help to improve the business <strong>en</strong>vironm<strong>en</strong>t; support for tax/customs administrationsand other measures which may help to create a regional market in C<strong>en</strong>tral Africa).<strong>CE</strong>/<strong>PAC</strong>/Annex I/<strong>en</strong> 12

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