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Financial Instruments
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The ENPI The EU has a coherent European Neighbourhood Policy to direct relations with its eastern and southern neighbours. A Strategic Partnership based on four Common Spaces is the framework for relations with Russia, which is not part of the ENP. Since January 2007, Commission programmes that run under the ENP and the Strategic Partnership have been implemented mainly through a common financial instrument: the ENPI (European Neighbourhood and Partnership Instrument).
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What is an ENPI? A new framework for planning and delivering EU assistance: To make EU assistance more effective To support the ENP priorities To promote cooperation between EU member states and partner (neighbor) countries
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What is an ENPI? Programming Process
Strategy Papers Indicative Programmes Action Progr. / CBC Joint Progr. Analysis of the situation Response strategy Priority sectors 7 years Revised at mid-term Normally attached to Strategy Papers Set global and per priority allocations Cover 3-4 years Annual Describe projects identified for financing Lead to EC decision & commitments of funds
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The ENPI Financial Instrument
The ENPI is a „simplification” of existing instruments: replaces existing instruments for external policies (geographic and thematic) is one of the three major geographical financial instruments of EU external policies in the financial perspective replaces Tacis all partners are eligible for support focus on supporting the implementation of the ENP Action Plans support through: Country programmes Multi-country programmes Thematic programmes Cross border co-operation programmes Trans-regional programmes involving Member States
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The ENPI Financial Instrument
The ENPI supports: Sustainable development Fighting poverty Measures leading to progressive participation in the EU’s internal market Legislative approximation Regulatory convergence Institution building
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The ENPI Financial Instrument
The ENPI Financial Support : Almost €12bn (+32% increase in „real terms”) Much more flexible, policy-driven instrument Supporting priorities agreed in the ENP Action Plans Simplified approach for cross-border co-operation Technical assistance: institutional capacity-building Plus increased EIB lending mandate: €12,4 bn (€8,7 bn for Mediterranean and €3,7 billion for Eastern Europe / Southern Caucasus / Russia)
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The ENPI Financial Instrument
The ENPI regulation: Proposed by the Commission, amended by the EP and adopted by the Council Large scope of assistance including development of civil society and NGOs Different types of programmes: Country, Multi- Country („trans-regional”) and Cross Border Strong emphasis on CB programmes (new!) Various types of beneficiaries: NGOs included Easy access to financial intermediaries and international organizations (EIB, WB, UN, etc) Various types of measures : twinning, sector budgetary support, micro-projects (credible?) Financing of projects involving countries not covered by the ENP (projects of global, regional or CBC nature)
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Potential Sources of ENPI Financing
Bilateral (Main bulk of ENPI funding) Regional ENPI South ENPI East Interregional -NIF -TAIEX Cross Border Thematic Programmes (governed under DCI) COFINANCING Member States, IFIs, Partner Countries Programmes
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Modification in Financing of the Eastern Partnership by the EU in the New Budget Perspective From 2014 the ENPI have beeb replaced with the European Naighbourhood Instrument (ENI) which has become the main source of financing the EP. It is expected that the value of assistance funds will be increased by 40%, ie. to mount of 18,2 billion €.
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CONCLUSIONS The result of ENP is the long term goal of the initiatives is to move towards an arrangement whereby the Union’s relations with the neighbouring countries ultimately resemble the close political and economic links currently enjoyed with the European Economic Area.
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