Briefing - A new neighbourhood, development and international cooperation instrument: Proposal for a new regulation - 12-12-2018
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In the context of the Commission's proposal for a multiannual financial framework (MFF) for the 2021-2027 period, the Commission published a proposal for a regulation establishing the Neighbourhood, Development and International Cooperation Instrument (NDICIBriefing - A new neighbourhood, development and international cooperation instrument: Proposal for a new regulation - 12-12-2018
In the context of the Commission's proposal for a multiannual financial framework (MFF) for the 2021-2027 period, the Commission published a proposal for a regulation establishing the Neighbourhood, Development and International Cooperation Instrument (NDICI) on 14 June 2018. It is part of Heading 6 'Neighbourhood and the World' of the proposed MFF, which sets out the main priorities and overall budgetary framework for the EU's external action. The Commission proposes to allocate €89.2 billion (in current prices) to the NDICI for the 2021-2027 period. This represents an increase of 11 % compared to the resources allocated to the instruments and funds under the current MFF that the NDICI would replace. These include the European Development Fund (EDF), which is currently outside the MFF. Parliament has expressed concern about the proposed governance structure of the new instrument. Second edition. The 'Legislation in Progress' briefings are updated at key stages throughout the legislative procedure. Source : © European Union, 2018 - EP Read more