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A new neighbourhood, development and international cooperation instrument: Proposal for a new regulation [EU Legislation in Progress]

Written by Beatrix Immenkamp (1st edition),

stretched rescue jump sheet world with flag of Europe design 3d-illustration. elements of this image furnished by NASA

© wetzkaz / Fotolia

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.

Versions

Proposal for a regulation of the European Parliament and of the Council establishing the Neighbourhood, Development and International Cooperation Instrument
Committees responsible: Foreign Affairs (AFET)
Development (DEVE)
(joint committee procedure, Rule 55)
COM(2018) 460
14.6.2018
Rapporteurs: Frank Engel (EPP, Luxembourg)
Cristian Dan Preda (EPP, Romania)
Pier Antonio Panzeri (S&D, Italy)
Charles Goerens (ALDE, Luxembourg)
2018/0243(COD)
Next steps expected Joint committee hearing Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’)

Discussion

One thought on “A new neighbourhood, development and international cooperation instrument: Proposal for a new regulation [EU Legislation in Progress]

  1. FYI,

    For Intelligence

    Like

    Posted by MATTA CASTILLO, Eduin | October 9, 2018, 09:57

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