[{"bbox": [71, 146, 686, 179], "category": "Section-header", "text": "# 4. IMPLEMENTATION ARRANGEMENTS"}, {"bbox": [108, 208, 389, 239], "category": "Section-header", "text": "## 4.1. Financing Agreement"}, {"bbox": [71, 278, 1096, 305], "category": "Text", "text": "In order to implement this action, it is not envisaged to conclude a financing agreement with the partner country."}, {"bbox": [108, 324, 518, 354], "category": "Section-header", "text": "## 4.2. Indicative Implementation Period"}, {"bbox": [71, 395, 1133, 474], "category": "Text", "text": "The indicative operational implementation period of this action, during which the activities described in section 3 will be carried out and the corresponding contracts and agreements implemented, is 60 months from the date of adoption by the Commission of this Financing Decision."}, {"bbox": [71, 475, 1133, 528], "category": "Text", "text": "Extensions of the implementation period may be agreed by the Commission's responsible authorising officer by amending this Financing Decision and the relevant contracts and agreements."}, {"bbox": [86, 572, 423, 602], "category": "Section-header", "text": "## 4.3. Implementation Modalities"}, {"bbox": [145, 615, 774, 644], "category": "Section-header", "text": "### 4.3.1. Indirect Management with an international organisation"}, {"bbox": [71, 653, 1156, 785], "category": "Text", "text": "This Action may be implemented in indirect management with World Trade Organisation's International Trade Centre (WTO-ITC). This implementation entails contributing to Iran's economic and social development. The envisaged entity has been selected using the following criteria: (i) experience in implementing trade-related projects in Iran; (ii) large institutional knowledge related to trade, investments and private sector development; and (iii) established political and technical relations with the main Iranian stakeholders."}, {"bbox": [71, 786, 1156, 839], "category": "Text", "text": "In case the envisaged entity would need to be replaced, the Commission's services may select another replacement entity using the same criteria as above. If the entity is replaced, the decision to replace it needs to be justified."}, {"bbox": [108, 857, 347, 888], "category": "Section-header", "text": "## 4.4. Indicative Budget"}, {"bbox": [59, 897, 913, 1263], "category": "Table", "text": "<table><thead><tr><td>Indicative Budget components</td><td>EU contribution (amount in EUR)</td></tr></thead><tbody><tr><td>Implementation modalities – cf. section 4.3.1 Indirect management with International Trade Centre</td><td></td></tr><tr><td>Overall Objective: To contribute to economic and social development in Iran,</td><td>7 000 000</td></tr><tr><td>Evaluation – cf. section 5.2</td><td rowspan=\"2\">Will be covered by another Decision.</td></tr><tr><td>Audit – cf. section 5.3</td></tr><tr><td>Contingencies</td><td>N/A</td></tr><tr><td>Totals</td><td>7 000 000</td></tr></tbody></table>"}, {"bbox": [108, 1282, 614, 1313], "category": "Section-header", "text": "## 4.5. Organisational Set-up and Responsibilities"}, {"bbox": [71, 1327, 1156, 1486], "category": "Text", "text": "The basis for this action is the already existing structures of the current project (MIDEAST/2018/403-302). The six-month Project Steering Committee set up will ensure overall coherence and coordination of activities. It will comprise of representatives of relevant Ministries, Contracting Authority, ICCIMA, ICC and others. For Component II the implementing partner will need to establish relations with EuroChambers, Business Europe and relevant EU MS Chambers of Commerce. This will serve the purpose of accounting for needs of European SMEs and enterprises as well as to de-conflict with any similar activities carried out by these Chambers of Commerce."}, {"bbox": [71, 1499, 1156, 1552], "category": "Text", "text": "As part of its prerogative of budget implementation and to safeguard the financial interests of the Union, the Commission may participate in the above governance structures set up for governing the implementation of the action."}, {"bbox": [108, 1571, 312, 1598], "category": "Section-header", "text": "## 4.6. Pre-conditions"}, {"bbox": [71, 1616, 128, 1638], "category": "Text", "text": "None."}, {"bbox": [1040, 1661, 1156, 1684], "category": "Page-footer", "text": "Page 16 of 20"}]