Traducción de «Modalidad de la ayuda » (Español → Inglés) :

Objective of aid: Replacement is a solution that allows farmers whose activity requires on-farm presence every day of the year to have a work and life pattern comparable to other economic sectors.

The objective of mobilising additional and more stable sources of finance must guide the discussion on innovative finance sources and aid modalities and should, in the medium term, lead to the provision of predictable funding – something akin to “own resources” for development.

In order to define access to Community external assistance, several elements need to be addressed: rules of eligibility determining the access of persons, rules of origin defining the access of supplies and materials purchased by eligible persons, access of a specific category of persons under the condition of reciprocity, definition and modalities for the implementation of reciprocity, derogations, provisions concerning operations financed through an international organisation and provisions for the purposes of humanitarian aid and NGOs.

award of aid or provisions of capital or other forms of finance in circumstances in which a private investor acting under normal market conditions would not invest in the company or on terms a private investor would not accept; provision by the state of services in kind, such as access to and use of state infrastructure, facilities or privileged information (for instance, information about debtors gathered by embassies), on terms not reflecting their cost; and reinsurance by the state, either directly, or indirectly via a public or publicly supported export credit insurer, on terms more favourable than those available from the private reinsurance market, which leads either to under-underpricing o ...[+++]f the reinsurance cover or in the artificial creation of capacity that would not be forthcoming from the private market.

The financial package takes the following forms and covers the four- year period of the Agreement: - financial compensation of ECU 355 million payable in four decreasing annual instalments; - financial support for the sustainable development of the fisheries sector in Morocco amounting to ECU 121 million to ensure that undertakings as regards controls and cooperation are honoured; - financial support for strengthening scientific research on fisheries and implementation of a policy of adjustment of Moroccan marine resources amounting to ECU 16 million; - financial support for the training of seamen amounting to ECU 8 million.

Some of the modalities of the financing are not precise and they need to be clarified, but, far more important, Article 5 SAC allows the Commission to deem regional investment aid compatible with the common market until 31 December 1994.