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

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(1) The partnership agreement between the members of the African, Caribbean and Pacific Group of States ('ACP') of the one part, and the European Community and its Member States, of the other part ('the ACP-EU Partnership Agreement'), was signed in Cotonou on 23 June 2000. The ACP-EU Partnership Agreement entered into force on 1 April 2003 and was revised in 2005 and 2010 in accordance with the revision clause to re-examine the Agreement every five years.

(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.