Legal provisions of COM(2022)455 - EU position to expand the scope of arrangements on Officially Supported Export Credits for Renewable Energy, Climate Change Mitigation and Adaptation and Water Projects

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dossier COM(2022)455 - EU position to expand the scope of arrangements on Officially Supported Export Credits for Renewable Energy, Climate Change ...
document COM(2022)455 EN
date July 14, 2023

Contents

Article 1

The position to be taken on the Union’s behalf regarding the adoption by the Participants to the Arrangement on Officially Supported Export Credits (‘Arrangement’) of a decision to expand the scope of application of the Sector Understanding on Export Credits for Renewable Energy, Climate Change Mitigation and Adaptation and Water Projects contained in Annex 4 of the Arrangement shall be based on the Annex to this decision.

Article 2

Where new proposals regarding the subject matter in the Annex to this decision are made at, or before, a meeting of the Participants, on which there is not yet a Union position, the Union position shall be specified by means of Union coordination before the Participants are called upon to adopt an amendment to the Arrangement. In such cases, the Union position shall be in line with existing policies and legislation.

Article 3

This Decision is addressed to the Commission.