Considerations on COM(2018)121 - EU position in the ACP-EU Council of Ministers regarding the revision of Annex IC of the ACP-EU Partnership Agreement - Main contents
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dossier | COM(2018)121 - EU position in the ACP-EU Council of Ministers regarding the revision of Annex IC of the ACP-EU Partnership Agreement. |
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document | COM(2018)121 |
date | March 9, 2018 |
(2) In pursuance of article 95(2) of the ACP-EU Partnership Agreement, financial protocols are defined for a given period. Such financial protocols lay down the overall amount of the EU's financial assistance. For the period 2014-2020, the financial protocol was adopted by Decision No 1/2013 of the ACP-EU Council of Ministers of 7 June 2013 5 , in the form of Annex IC to the Agreement.
(3) Pursuant to Article 100 of the ACP-EU Partnership Agreement, the ACP-EU Council of Ministers, may revise, review and/or amend the Agreement on the basis of a recommendation from the ACP-EU Development Finance Cooperation Committee.
(4) The Union should support the reassignment of funds under Annex IC of the ACP-EU Partnership Agreement from the allocation to finance national and regional indicative programmes, towards the allocation to financing the intra-ACP and interregional cooperation with many or all of the ACP states.
(5) It is appropriate to establish the position to be taken on the Union's behalf in the ACP-EU Council of Ministers as the Decision will be binding on the Union.