Proposal for a Council Decision on the financial contributions to be paid by Member States to finance the European Development Fund, including the third instalment for 2016

This proposal concerns a draft Council Decision on the 3rd instalment of the financial contributions to the European Development Fund (EDF) to be paid by Member States in 2016.

The 11th EDF and other EDF funds which are still open (i.e. 8th, 9th and 10th EDF) are managed under the following set of rules:
- The current Partnership Agreement between the members of the African, Caribbean and Pacific Group of States on the one side, and the European Community and its Member States on the other side (the 'ACP-EU Partnership Agreement') as last amended,
- The Internal Agreement between the Representatives of the Governments of the Member States of the European Union, meeting within the Council, on the financing of European Union aid under the multiannual financial framework for the period 2014-2020, in accordance with the ACP-EU Partnership Agreement and on the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the Treaty on the Functioning of the European Union applies (the 11th EDF 'Internal Agreement'),
- Council Regulation (EU) 2015/323 on the Financial Regulation applicable to the 11th European Development Fund (the '11th EDF Financial Regulation').

The documents mentioned above contain multi-annual commitments by Member States to support financially the EDF treasury. The 11th EDF Financial Regulation provides for regular contributions to be made by Member States to the EDF treasury against pre-determined financial commitments. Regular contributions are triggered by technical Council Decisions which reflect the implementation of financial commitments previously decided.

• Primary Source

EUR-Lex: COM(2016)651: Follow the progress of this proposal through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2016:651:FIN

---