EC/Cyprus agreement: 3rd multiannual programme for small enterprises SMEs 1997-2000, cooperation

PURPOSE : to allow Cyprus to participate in the Third Multiannual programme for SMEs. COMMUNITY MEASURE : Council Decision 2000/488/EC concerning the conclusion of an agreement between the Community and Cyprus establishing cooperation in the field of small and medium-sized enterprises within the framework of the third mulitannual programme for small and medium-sized enterprises (SMEs) in the European Union (1997 to 2000). CONTENT : this Decision aims to conclude the Agreement between the European Community and the Republic of Cyprus establishing cooperation in the field of SMEs within the framework of the third multiannual programme for SMEs in the European Union (1997-2000). In particular, Cyprus: - will participate in the measures: C. "Help SMEs to Europeanise and internationalise their strategies in particular through better information services" and E. "Promote entrepreneurship and support special target groups", in principle, in the same way as the Member States of the Community; - shall provide the terms and conditions for the submission, evaluation and selection of applications and proposal of pilot projects, programmes and any other measures shall be the same as these applicable to organisations and individuals of the Community; - shall put in place, where necessary, the appropriate structures and mechanisms at national level required for its participation; - shall make an annual financial contributon corresponding to the cost of its participation in the programme. Furthermore, the participation of Cyprus is valid until 31.12.2000. However, if the Community adopts a new programme, the Agreement may well be renegotiated or renewed in accordance with the conditions set out by the Joint Agreement. ENTRY INTO FORCE : the Agreement shall enter into force when all parties have been notified of the completion of the respective procedures. �