Considerations on COM(2013)881 - Amendment of Council Regulation 617/2007 on the 10th EDF European Development Fund under the ACP-EC Partnership Agreement for the implementation of the Bridging Facility

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dossier COM(2013)881 - Amendment of Council Regulation 617/2007 on the 10th EDF European Development Fund under the ACP-EC Partnership Agreement ...
document COM(2013)881 EN
date May 26, 2014
 
table>(1)Council Decision 2013/759/EU (3) established transitional European Development Fund (EDF) management measures (‘Bridging Facility’) to ensure the availability of funds for cooperation with African, Caribbean and Pacific countries and with Overseas Countries and Territories, as well as for support expenditure, from 1 January 2014 until the entry into force of the 11th EDF.
(2)It is necessary to modify Council Regulation (EC) No 617/2007 (4) as regards the operational and financial management by the Commission of the Bridging Facility in the transition period between the 10th EDF and the 11th EDF until the entry into force of the 11th EDF Internal Agreement and the 11th EDF Implementation Regulation.

(3)It is appropriate to modify in the same way the implementing rules for the operational and financial management of the Investment Facility during this transitional period.

(4)The organisation and functioning of the European External Action Service are established in Council Decision 2010/427/EU (5).

(5)Regulation (EC) No 617/2007 should be therefore amended accordingly,