1. ISTITUTO NAZIONALE PER IL COMMERCIO ESTERO – ICE
ИТАЛИАНСКИ ИНСТИТУТ ЗА ВЪНШНА ТЪРГОВИЯ
LAW no. 84 of Provisions for Italian participation in the Stabilisation, Reconstruction and Development of Balkan Countries
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2. What is Law 84?
It is an act that regulates the Italian participation in the stabilisation, reconstruction and development process of the Balkan Countries. Co-ordination of national actions with EU and multilateral initiatives also falls within its province.
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3. Target Countries - Albania - Bosnia-Herzegovina - Bulgaria - Croatia
- F.Y.R.O.M. - Republic of Macedonia
- the Republic of Serbia and the Republic of Montenegro (former Federal Republic of Yugoslavia)
- Romania
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4. Ministries and Bodies responsible for the administration
- Ministry of Foreign Affairs
- Ministry of Production Activities
- Ministry of Environment, Regions, Provinces and Communes
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5. Amount of funding
- Eur 20,658,276 a year - (pertaining to the Foreign Ministry) - over the period, allocated to co-operation-developing projects
- Eur 51,645,690 a year over the period
- Eur 25,000,000 for the year 2003
The Balkan Fund is administered by both the Foreign Ministry and the Ministry of Production Activities and grants are earmarked to businesses promotion and development as well as to co-operation development
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6. - A reserve of Eur 7,230,397 a year is set up for projects proposed and managed by Regions and Local Administrations (Provinces and Communes)
- Eur 1,342,788 for 2001 and Eur 2,065,828 a year for 2002 and 2003 respectively for the setting up of a fund for pollution monitoring managed by the Ministry of Environment
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7. Types of actions
Development co-operation (Ministry of Foreign Affairs - MAE): training, technical assistance, development aid and security.
Businesses promotion and support (Ministry of Production Activities - MAP): information and communication, technical assistance, training, company participations and soft loans, especially in the following sectors: energy - environment; services and public utilities; SME development, tourism - protection of the cultural and artistic heritage and of urban patrimony.
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8. Decentralised co-operation (Regions and local administrations): training, technical assistance and other fields of action of relevant national interest.
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9. Procedure (MAP - Department for Businesses Internationalisation-administered funds)
Taking into account the Ministerial Committee’s guidelines, Decree no. 378 of 31 October 2002 has distributed the relevant funds as follows:
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10. To SIMEST which shall grant non-interest bearing loans (for participation in international tenders, trade-penetration programmes, pre-feasibility and feasibility studies related to job order-winning investment, technical assistance and staff training programmes); shall secure the beneficiaries of the aforesaid grants loan collaterals and subsidiary guarantees (not exceeding 80% of the financing); shall set up an independent and distinct VENTURE CAPITAL fund (with the possibility of a capital participation of up to 40% within a ceiling of Eur 516,462.00; alienation within 8 years at current value).
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11. To ICE which shall provide technical assistance to businesses; will establish monitoring and information centres in Italy and in Balkan area; shall train young University graduates on internationalisation and foreign trade processes concerning both Italian businesses and the Balkan area; shall start up the Adriatic Feeler or analogous structures.
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12. To INFORMEST which shall sponsor promotional activities for and shall provide assistance to businesses
To FDL Servizi srl (the Fiera del Levante limited company - Bari) which shall sponsor promotional activities for and shall provide assistance to businesses
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13. To UNIONCAMERE which will promote and finance projects presented by the Chambers of Commerce or by related experienced and qualified bodies
To FINEST SpA (Pordenone) which shall set up an independent and distinct VENTURE CAPITAL FUND (with the possibility of a capital participation of up to 40% within a ceiling of Eur 516,462.00; alienation within 8 years at current value).
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14. Activities to carry out Law 84
Informest - Balkan on line - a portal that shows investment opportunities and business affairs in the Balkans.
- For Bank Bulgaria - training of workers in the banking sector. - Formation of a web of support for the local and italian SME in Macedonia, Bosnia and Herzegovina and Bulgaria.
- BETA - Balkan Experts Training Activity.
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15. UNIONCAMERE - PAR.S.E.C. C.8 (Partnership for the Southeastern European Countries Corridor 8).
Fiera del Levante Services - Constitution of the segretariat of the corridor pan-Europe 8. - The system of expositions for economical development and the internationalization of businesses.
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16. More in details ICE’s activities to carry out Law 84
ICE officers based in local authorities of 7 countries: Capacity building and technical assistance in Public Administration in the sectors of the development of the SME, of privatization, of investments in energy infrastructures, of transportation and of environmental.
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17. Business Promoters working with the offices of ICE in the Balkan area.
Course in international commerce for Business Promoters, 14 representatives from all the countries of the Balkan area.
Business Promoters working with the offices of ICE in the Balkan area.
Detachment of 3 ICE experts working with multilateral institutions that operate in the Balkans.
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18. Balcani On Line web portal.
Project proposals by other bodies (chambers of commerce, industrial association).
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19. ICE officers based in local authorities (In Bulgaria: Ministry of Economy ) Main tasks:
To be a link among local institutions, ICE office, ICE headquarters in Italy, italian economic system.
To act as business scuoters of the new business opportunities and transfer them to italian firms.
To act as consultant for local authorities in order to create a business environment suitable to FDI.
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20. To favour italian investments in Bulgaria advising italian investors on investments types.
To increase utilization of international funds (EU, WB, BERS) by italian actors.
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21. Business Promoters Nationals of 7 balkan countries with
knowledge of local economic system and
with related background will monitor
country’s medias in order to discover
local business offers.
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22. ICE officers in international organizations Tasks:
To understand country strategy of different organizations and of their founding instruments.
To increase utilisation by italian economic system of international funds.
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23. Balcani on line web portal
Will provide all informations, news on ICE staff working on the Law 84 and their activities: seminars, investment opportunities, privatizations
Tenders in the 7 countries
How to contact ICE staff
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24. Project proposals by external bodies like chambers of commerce and/or industrial associations were present (not yet approved) in the field of:
Multiutilities
Service center for firms
Franchising in retail network
Training on tourism in the area of corridor n.8
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25. Contact detail: ICE Sofia Dr. Giovanni Sacchi, Director
Bul. Patriarh Evtimii, 27
1040 Sofia
Tel:
Fax:
ICE ROMA
Agostino Ambrogetti,
ICE Officer in Bulgaria for Law 84
Via Liszt, 21
00144 Roma
Tel:
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