Edf Internal Agreement

On 9 December 2010, the Council adopted conclusions on mutual responsibility and transparency: a fourth chapter of the EU operational framework for the effectiveness of development aid. These conclusions have been added to the consolidated text of the operational framework for aid effectiveness, which confirmed the agreements reached under the Paris Declaration on the Effectiveness of Development Aid (2005), the EU Code of Conduct on Complementarity and Division of The Division of Labour in Development Policy (2007) and the EU Guidelines for the Accra Action Agenda (2008). On 14 November 2011, the Council adopted a common EU position on, among other things, ensuring EU transparency and other aspects of transparency and accountability at the fourth high-level forum on the effectiveness of development aid in Busan, South Korea, which included the final Busan document. The EU and its Member States have approved busan`s final document. On 14 May 2012, the Council adopted conclusions on increasing the impact of the EU`s development policy: a programme for change and the future approach of EU budgetary aid to third countries. In June 2013, the European Union countries reached an internal agreement on the creation of the 11th EDF, including the revised allocation of contributions between them; this internal agreement has yet to be ratified. The Council`s 2013/759/EU decision establishes transitional measures for the management of the EDF until the 11th EDF comes into force. 1st EDF: 1959-1964 2nd EDF: 1964-1970 (Yaounde Convention I) 3. FED: 1970-1975 (Yaounde II Convention) 4th EDF: 1975-1980 (Lomé I Convention) 5th EDF: 1980-1985 (Lomé II Convention) 6th EDF: 1985-1990 (Lomé III). Convention) 7th EDF: 1990-1995 (Lomé IV Convention) 8th EDF: 1995-2000 (Lomé IV Convention and Revised Lomé IV Convention) 9th EDF: 200 0-FED 2007 (Cotonou agreement) 10th EDF: 2008-2013 (revised Cotonou agreement) 11th EDF: 2014-2020 (Cotonou agreement revised).

The Stabex and Sysmin instruments to support the agricultural and mining sector were abolished by the new partnership agreement signed in Cotonou in June 2000. The agreement also streamlined the EDF and introduced a continuous programming system that would allow for greater flexibility and accountability for ACP countries. Member States have their own bilateral agreements and implement their own initiatives with developing countries that are not funded by the EDF or other EU funds. Each EDF is closed for a period of several years. Since the conclusion of the first partnership agreement in 1964, EDF cycles have generally complied with partnership/convention cycles. Cotonou Agreement: the partnership agreement between the members of the ACP group and the European Union, signed in Cotonou, Benin, on 23 June 2000. This is the framework for EU relations with 79 ACP countries. The partnership is based on three complementary pillars: 5. The Commission, taking into account the EIB`s forecasts, communicates to the Council, no more than 20 October each year, its estimates of commitments, disbursements and contributions for each of the following three years.

Let me know about follow-up comments via email. You can also subscribe without comment. Save my name, email address and website in this browser for the next time I will make a comment. 4. The Commission establishes and approves the annual accounts for each financial year and sends them to the European Parliament, the Council and the Court of Auditors. This article is derived from information from the public sector of the European Union. Eu public information is reproduced in accordance with the Commission`s decision of 12 December 2011 on the reuse of Commission documents (2011/833/EU) (EU decision).