Report from the Commission to the Council on the implementation of the financial assistance provided to the Overseas Countries and Territories under the 11th European Development Fund

Author (Corporate)
Series Title
Series Details (2016) 79 final (22.2.16)
Publication Date 22/02/2016
Content Type ,

The Overseas Association Decision (OAD) establishes the legal framework for the relations between the Overseas Countries and Territories (OCTs), the Member States to which they are linked, and the European Union. On the basis of the Treaty on the Functioning of the European Union (TFEU), the purpose of the Overseas Association Decision is to support the sustainable development of the OCTs and promote the values of the Union in the wider world.

The Union provides financial support to the OCTs in the context of the association mainly through the European Development Fund, with an amount of €364.5 million allocated under the 11th EDF-OCT for the 2014-2020 programming period.

The goal of this report is to present the progress achieved in the implementation of 11th EDF resources for OCTs, in compliance of Article 91 of the OAD. At this stage of implementation the focus remains upon programme orientation and design. As operational implementation accelerates and data become available, future reports will progressively address the outcomes and impacts of the assistance, as specified in the Decision.

Source Link http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2016:079:FIN
Subject Categories
Countries / Regions