This Resolution is composed of 4 articles. Article 1 establishes the Productive Cooperatives Development Fund according to Article 70 of the Productive Cooperation Law No. 110 of 1975. Article 2 lists the objectives of the Fund including: (a) to guarantee loans in order for the productive cooperatives to establish productive projects; (b) to guarantee loans to the productive cooperatives which shall lend loans to its members for the creation or enlargement and development of productive projects: (c) to assure the necessary guarantee letters for the productive cooperatives in economic auctions and deals; and, (d) to create and manage marketing activities.
Egypt · 2005-08-08