Regulation 2006/1905 - Financing instrument for development cooperation

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1.

Current status

This regulation was in effect from December 28, 2006 until December 31, 2013.

2.

Key information

official title

Regulation (EC) No 1905/2006 of the European Parliament and of the Council of 18 December 2006 establishing a financing instrument for development cooperation
 
Legal instrument Regulation
Number legal act Regulation 2006/1905
Original proposal COM(2004)629 EN
CELEX number i 32006R1905

3.

Key dates

Document 18-12-2006
Publication in Official Journal 27-12-2006; Special edition in Bulgarian: Chapter 11 Volume 051,Special edition in Croatian: Chapter 11 Volume 028,Special edition in Romanian: Chapter 11 Volume 051,OJ L 378, 27.12.2006
Effect 28-12-2006; Entry into force Date pub. + 1 See Art 41
01-01-2007; Application See Art 41
End of validity 31-12-2013; See Art. 41

4.

Legislative text

27.12.2006   

EN

Official Journal of the European Union

L 378/41

 

REGULATION (EC) No 1905/2006 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

of 18 December 2006

establishing a financing instrument for development cooperation

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular Article 179(1) thereof,

Having regard to the proposal from the Commission,

Acting in accordance with the procedure laid down in Article 251 of the Treaty (1),

Whereas:

 

(1)

A new framework for planning and delivering assistance is proposed in order to make the Community's external assistance more effective. Council Regulation (EC) No 1085/2006 (2) establishes an Instrument for Pre Accession (IPA) for Community assistance to candidate and potential candidate countries. Regulation (EC) No 1638/2006 (3) lays down general provisions establishing a European Neighbourhood and Partnership Instrument (ENPI). Council Regulation (EC) No 1934/2006 (4) establishes a financing instrument for cooperation with industrialised and other high-income countries and territories. Regulation (EC) No 1717/2006 (5) establishes an instrument for stability. Regulation (EC) No …/2007 (6) establishes an instrument for nuclear safety cooperation. Regulation (EC) No 1889/2006 (7) establishes a financing instrument for the promotion of democracy and human rights worldwide. Council Regulation (EC) No 1257/96 (8) concerns humanitarian aid. This Regulation establishes a financing instrument for development cooperation providing direct support for the Community's development cooperation policy.

 

(2)

The Community pursues a development cooperation policy aimed at achieving the objectives of poverty reduction, sustainable economic and social development and the smooth and gradual integration of developing countries into the world economy.

 

(3)

The Community pursues a cooperation policy that fosters cooperation, partnerships and joint undertakings between economic players in the Community and partner countries and regions, and promotes dialogue between political, economic and social partners in relevant sectors.

 

(4)

The Community's development cooperation policy and international action are guided by the Millennium Development Goals (MDGs), such as the eradication of extreme poverty and hunger, adopted by the United Nations General Assembly on 8 September 2000, and the main development objectives and principles approved by the Community and its Member States in the context of the United Nations (UN) and other competent international organisations in the field of development cooperation.

 

(5)

With a view to policy coherence for development, it is important that Community non-development policies assist developing countries' efforts in achieving the MDGs in line with Article 178 of the Treaty establishing the European Community.

 

(6)

A political environment which guarantees peace and stability, respect for human rights, fundamental freedoms, democratic principles, the rule of law, good governance and gender equality is fundamental to long-term development.

 

(7)

Sound and sustainable economic policies are a prerequisite for development.

 

(8)

The members of the World Trade Organization (WTO) committed themselves at the 4th Ministerial Conference in Doha to mainstreaming trade in development strategies and to providing trade-related technical and capacity-building assistance as well as the necessary measures seeking to facilitate the transfer of technology through and for trade, to enhance the relationship between foreign direct investment and trade, and the mutual interrelation of trade and environment, and to help developing countries take part in new trade negotiations and...


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This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

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