12:30 Neighbourhood, Development and International Cooperation Instrument – Global Europe: EU ambassadors greenlight final compromise text with a view to an agreement with the EP EU member states' ambassadors today endorsed the final compromise text of the regulation setting up the Neighbourhood, Development and International Cooperation Instrument – Global Europe (NDICI), in the context of the 2021-2027 multiannual financial framework (MFF). With an overall allocation of €79.5 billion at current prices, the new instrument will cover EU cooperation with all third countries, thereby allowing the EU to effectively uphold and promote its values and interests worldwide while supporting global multilateral efforts. This new key financing instrument is the tangible proof that the EU wants to be a global player. The COVID-19 pandemic redoubles our responsibility. With NDICI we will be able to make a difference in supporting partner countries and promoting sustainable development worldwide.