Financial, Technical and Personnel Cooperation : Germany :: Facts About Germany

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Financial, Technical and Personnel Cooperation : Germany

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Financial, Technical and Personnel Cooperation : Germany

Financial, technical and (personnel cooperation. With its development policy, the Federal Government sets out to promote economic and social development in the developing countries and thus contribute to improving living conditions. “Sustained success is achievable only if the developing countries’ own resources, especially the capabilities and the knowledge of their people, are better developed and deployed. It is the aim of cooperation td kindle and foster self-help and initiative,” state the undated “Guidelines on Bilateral Financial and Technical Cooperation with Developing Countries". These guidelines are administrative regula-tions drawn up by the Federal Government and adopted by the ministries involved: the Federal Ministry for Economic Cooperation and Development, the Federal Ministry for Foreign Affairs, the Federal Ministry of Finance and the Federal Ministry of Economics.

“Luxury goods and military goods and installations or contributions destined for such use are excluded from economic cooperation,” state the guidelines. As a rule, the principle of least intervention applies. This means that projects should be planned and implemented as far as possible by the developing country. The Federal Government determines the framework for cooperation, bears the political responsibility and takes control of development policy.

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