Annexes to COM(2011)836 - EU position concerning the multiannual financial framework for the period 2014 to 2020 of the ACP-EU Partnership Agreement

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dossier COM(2011)836 - EU position concerning the multiannual financial framework for the period 2014 to 2020 of the ACP-EU Partnership Agreement.
document COM(2011)836 EN
date May 27, 2013
Agreement as rectified by OJ L 385, 29.12.2004, p. 88.

(3) OJ L 209, 11.8.2005, p. 27.

(4) OJ L 287, 4.11.2010, p. 3.


DRAFT

DECISION OF THE ACP-EU COUNCIL OF MINISTERS

of

adopting a protocol on the multiannual financial framework for the period 2014-20 under the Partnership Agreement between the members of the African, Caribbean and Pacific Group of States of the one part, and the European Community and its Member States, of the other part

THE ACP-EU COUNCIL OF MINISTERS,

Having regard to the Partnership Agreement between the members of the African, Caribbean and Pacific Group of States of the one part, and the European Community and its Member States, of the other part, signed in Cotonou on 23 June 2000 (1), as amended in Luxembourg on 25 June 2005 (2) and in Ouagadougou on 22 June 2010 (3) (the ‘ACP-EU Partnership Agreement’), and in particular Article 95(2) and Article 100 thereof,

Whereas:

(1)The European Union and its Member States together with the ACP States conducted a performance review, in accordance with Article 7 of Annex Ib to the ACP-EU Partnership Agreement, assessing among other things the degree of realisation of commitments and disbursements.

(2)The European Union and its Member States have agreed to lay down the financing mechanism, namely the 11th EDF, the exact period to be covered (2014-20), and the amount of funds to be allocated to that mechanism.

(3)The protocol establishing the multiannual financial framework for the period 2014 to 2020 should be inserted into the Agreement as Annex Ic,

HAS ADOPTED THIS DECISION:

Article 1

The Annex to this Decision is adopted as a new Annex Ic to the Partnership Agreement between the members of the African, Caribbean and Pacific group of States, of the one part, and the European Community and its Member States, of the other part, signed in Cotonou on 23 June 2000, as revised in Luxembourg on 25 June 2005 and in Ouagadougou on 22 June 2010.

Article 2

This Decision shall enter into force on the date of its adoption.

Done at […], […].

For the ACP-EU Council of Ministers

The President


(1) OJ L 317, 15.12.2000, p. 3. Agreement as rectified by OJ L 385, 29.12.2004, p. 88.

(2) OJ L 209, 11.8.2005, p. 27.

(3) OJ L 287, 4.11.2010, p. 3.


ANNEX

The following Annex shall be inserted in the ACP-EU Partnership Agreement:

‘ANNEX Ic

Multiannual financial framework for the period 2014-20

1.For the purposes set out in this Agreement and for a period starting on 1 January 2014, the overall amount of financial assistance available to the ACP States within this multiannual financial framework shall be EUR 31 589 million, as specified in points 2 and 3.

2.The sum of EUR 29 089 million under the 11th European Development Fund (EDF), shall be made available from the date of entry into force of the multiannual financial framework. It shall be allocated between the cooperation instruments as follows:

(a)EUR 24 365 million to finance national and regional indicative programmes. This allocation will be used to finance:

(i)the national indicative programmes of individual ACP States;

(ii)the regional indicative programmes of support for regional and inter-regional cooperation and integration of Groups of ACP States;

(b)EUR 3 590 million to finance intra-ACP and inter-regional cooperation with many or all of the ACP States. This envelope may include structural support to institutions and bodies created under this Agreement. It shall also cover assistance with the operating expenditure of the ACP Secretariat referred to in points 1 and 2 of Protocol No 1 on the operating expenditure of the joint institutions;

(c)EUR 1 134 million to finance the Investment Facility in accordance with the terms and conditions set out in Annex II (Terms and conditions of financing) to this Agreement, comprising an additional contribution to EUR 500 million to the resources of the Investment Facility, managed as a revolving fund, and EUR 634 million under the form of grants for the financing of the interest rate subsidies and project-related technical assistance provided for in Articles 1, 2 and 4 of that Annex over the period of the 11th EDF.

3.The operations financed under the Investment Facility, including the corresponding interest rate subsidies, shall be managed by the European Investment Bank (EIB). An amount of up to EUR 2 500 million in addition to the funds available from the 11th EDF shall be made available by the EIB in the form of loans from own resources. These resources shall be granted for the purposes set out in Annex II to this Agreement, in accordance with the conditions laid down in the statutes of the EIB and the relevant provisions of the terms and conditions for investment financing in that Annex. All other financial resources under this multiannual financial framework shall be administered by the Commission.

4.After 31 December 2013 or after the date of entry into force of this multiannual financial framework, whichever is the later, balances from the 10th EDF or from previous EDFs and funds decommitted from projects under these EDFs shall no longer be committed, unless the Council of the European Union decides otherwise by unanimity, with the exception of the remaining balances and reimbursements of the amounts allocated for the financing of the Investment Facility, excluding the related interest rate subsidies, and the remaining balances of the primary agricultural export receipt stabilisation guarantee system (Stabex) under the EDFs prior to the 9th EDF.

5.The overall amount of this multiannual financial framework shall cover the period from 1 January 2014 to 31 December 2020. The funds of the 11th EDF, and, in the case of the Investment Facility, the funds stemming from reflows, shall no longer be committed beyond 31 December 2020, unless the Council of the European Union decides otherwise by unanimity, on a proposal from the Commission. However, the funds subscribed by Member States under the 9th, 10th and 11th EDF to finance the Investment Facilities shall remain available after 31 December 2020 for disbursement.

6.The Committee of Ambassadors, acting on behalf of the ACP-EU Council of Ministers, may, within the overall amount of the multiannual financial framework, take appropriate measures in order to meet programming requirements under one of the allocations provided for in point 2, including the reassignment of funds between these allocations.

7.The Parties may decide to conduct a performance review, assessing the degree of realisation of commitments and disbursements, as well as the results and impact of the aid provided. This review would be undertaken on the basis of a proposal prepared by the Commission.

8.Any Member State may provide the Commission or the EIB with voluntary contributions to support the objectives of the ACP-EU Partnership Agreement. Member States may also co-finance projects or programmes, for example in the framework of specific initiatives to be managed by the Commission or the EIB. ACP ownership of such initiatives at the national level must be guaranteed.’