Article 3
1. The financial reference amount for the implementation of the project, financed by the Union (the ‘expenditure’) shall be EUR 1 996 834. 2. The expenditure shall be managed in accordance with the procedures and rules applicable to the Union budget. 3. The Commission shall supervise the proper management of the financial reference amount referred to in paragraph 1. For that purpose, it shall conclude the necessary agreements with GICHD and ITF. Those agreements shall stipulate that GICHD and ITF are to ensure the visibility of the Union’s contribution, appropriate to its context and its size. 4. The Commission shall endeavour to conclude the agreements referred to in paragraph 3 as soon as possible after the entry into force of this Decision. It shall inform the Council of any difficulties in that process and of the date of conclusion of the agreement.