Neighbourhood, Development and International Cooperation Instrument: Coreper endorses provisional agreement with the European Parliament
The European Union will soon have a unified instrument that will make the financing of EU external action more coherent, transparent and flexible, and will allow the EU to effectively uphold and promote its values and interests worldwide.
EU member states ambassadors today endorsed the provisional agreement reached on 15 December between the Council Presidency and European Parliament s representatives on a regulation setting up the
Neighbourhood, Development and International Cooperation Instrument (NDICI), in the context of the 2021-2027 multiannual financial framework (MFF).
Today s landmark agreement on the EU s new global instrument delivers once again on a key goal of our Presidency: At a time of global crisis, the European Union shows its ability to act globally and strengthen Europe s role as an anchor of stability in the world. ND
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